Dior Accused of Labor Exploitation... "Made for 80,000 Won, Sold for 3.8 Million Won"
Luxury brand Christian Dior has been found to have exploited workers during the product manufacturing process, according to an investigation by Italian authorities.
On the 12th (local time), major overseas media reported that a court in Milan, Italy, appointed a special commissioner on the 10th to oversee the Dior handbag production division of Louis Vuitton Mo?t Hennessy (LVMH).
This measure follows an investigation by the Milan prosecutor's office into illegal labor practices in the luxury industry sector.
According to the prosecutors, a Chinese company producing handbags for Dior forced some employees to work illegal 15-hour shifts and supplied the handbags produced during this process to Dior at 53 euros (about 80,000 KRW).
The handbags were found to be sold at Dior stores for 2,600 euros (about 3.84 million KRW).
The prosecutors have been investigating illegal labor practices in the luxury industry sector for the past 10 years.
This year’s investigation uncovered that illegal immigrants at a workshop near Milan live and work overnight, including on holidays. It was also confirmed that they operated machines with safety devices removed.
Earlier, foreign media reported that Giorgio Armani received a similar court order in April.
Armani’s subcontractor was found to pay workers 2 to 3 euros (about 3,000 to 4,000 KRW) for 10 hours of work to make bags, which were sold to Armani’s supplier at 93 euros (about 140,000 KRW).
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- The "90% Reality" Dominating Teens: Experts Shocked by Record-High Figures, Calling It "Just the Tip of the Iceberg" [Chuiyakgukga]⑨
- "If That's the Case, Why Not Just Buy Stocks?" ETFs in Name Only, Now 'Semiconductor-Heavy' and a Playground for Short-Term Traders
- "Bought for a Special Price, but Cheaper Today"... Online Malls Caught Inflating Discount Rates by Raising Regular Prices
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
Then, this supplier resold the bags to Armani at 250 euros (about 370,000 KRW), and the bags were sold in stores for 1,800 euros (about 2.67 million KRW).
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.