Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.

The bi-annual gathering in Florence drew steady numbers of foreign buyers, serving as a temperature check for the struggling fashion sector.

The bi-annual gathering in Florence drew steady numbers of foreign buyers, serving as a temperature check for the struggling fashion sector.

Pitti Uomo is embracing the fragrance-as-accessory trend at Hi Beauty, a winter trade show for niche fragrance labels, while it looks toward other men’s grooming categories.

Pitti Uomo is embracing the fragrance-as-accessory trend at Hi Beauty, a winter trade show for niche fragrance labels, while it looks toward other men’s grooming categories.

Long-time L’Oréal Executive Amadine Ohayon replaces Alessandro Valenti, who departs after just 18 months for a senior role at Christian Dior Couture.

Long-time L’Oréal Executive Amadine Ohayon replaces Alessandro Valenti, who departs after just 18 months for a senior role at Christian Dior Couture.

Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.

Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.
ADVERTISEMENT

The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’

The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’

Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.

Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.

Former Gucci CEO Marco Bizzarri is among the three new members joining the board as the company plots its future.

Former Gucci CEO Marco Bizzarri is among the three new members joining the board as the company plots its future.

Italian investigators allege the luxury shoemaker benefited from exploitative subcontractors, escalating a sweeping crackdown on illegal labour practices in luxury’s key ‘Made in Italy’ supply chain.

Italian investigators allege the luxury shoemaker benefited from exploitative subcontractors, escalating a sweeping crackdown on illegal labour practices in luxury’s key ‘Made in Italy’ supply chain.
ADVERTISEMENT

In the second session of BoF’s 10th annual VOICES gathering, a cross-section of fashion insiders discussed the industry slowdown, the future of Versace under Prada, brands versus influencers and more.

In the second session of BoF’s 10th annual VOICES gathering, a cross-section of fashion insiders discussed the industry slowdown, the future of Versace under Prada, brands versus influencers and more.

Prada Group CEO Andrea Guerra, speaking at BoF VOICES 2025, said Bertelli will be ‘much more involved’ in Versace.

Prada Group CEO Andrea Guerra, speaking at BoF VOICES 2025, said Bertelli will be ‘much more involved’ in Versace.

CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.

CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.

A widening Milan probe has exposed structural weaknesses in luxury’s Italian supply chain, pushing some of fashion’s biggest groups to overhaul oversight, adopt new technologies and vertically integrate key suppliers.

A widening Milan probe has exposed structural weaknesses in luxury’s Italian supply chain, pushing some of fashion’s biggest groups to overhaul oversight, adopt new technologies and vertically integrate key suppliers.
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
The Italian group, the first in the luxury sector to report, confirmed its outlook for a revenue gain of 10 percent this year, but was more cautious for 2027 and 2028.
The sale in Tokyo comes three years after the Belgian designer shut down his label.
Long-time Bulgari CEO Babin will remain chairman of the Roman jeweller and CEO of Bulgari Hotels, and continue to oversee LVMH’s watches unit.
The change is part of an ongoing shakeup at Kering-owned brands
The Milan-based fashion label cites “profound and complex challenges” in its decision to make the staff cuts.