Giorgio Armani antitrust fine of €3.5 million imposed by Italy’s regulator over misleading sustainability statements.Giorgio Armani antitrust fine of €3.5 million (USD 4 million) has been imposed by Italy’s competition authority for alleged misleading ethical claims regarding the brand’s supply chain practices. Italy’s antitrust regulator announced that Giorgio Armani and one of its subsidiaries were fined for presenting misleading statements about their ethical and social responsibility efforts. According to […]
Giorgio Armani antitrust fine of €3.5 million (USD 4 million) has been imposed by Italy’s competition authority for alleged misleading ethical claims regarding the brand’s supply chain practices.
Italy’s antitrust regulator announced that Giorgio Armani and one of its subsidiaries were fined for presenting misleading statements about their ethical and social responsibility efforts. According to the regulator, while Armani marketed its commitment to sustainability, investigations revealed that most of its bag and leather accessory production was outsourced to third-party suppliers and subcontractors who engaged in unlawful labor practices and poor working conditions.
