Loro Piana news and archive

LVMH increases stake in Loro Piana to 94 percent

Yesterday, during a conference call with analysts, LVMH chairman and chief executive officer Bernard Arnault announced that the group has strengthened its hold on the Italian brand, Loro Piana. The company conducted a partial buyout in 2025 of the brand's shares held by the Loro Piana family, as reported by Italian news agency Il Sole 24 Ore...

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Business

Italy's luxury brands shaken by sweatshop probes

A series of investigations into exploitative work conditions within fashion subcontractors has roiled Italy's luxury industry, with the government decrying attacks on "Made in Italy". Five fashion brands have been put under court administration since 2024 following probes by Milan prosecutors that uncovered worker abuses and a lack of oversight...

Retail|In Pictures

Loro Piana reopens New Bond Street store in London

LVMH-owned luxury brand Loro Piana has reopened its refurbished New Bond Street store with a new concept designed to capture the label’s signature “blend of sophistication and warmth”. The upsized store aims to offer a “home away from home feeling,” explains the Italian brand, reimagined in natural materials, such as oak, carabottino wood, woven...

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LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

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Fashion |Opinion

Made in Italy under scrutiny: A call for transparency and credibility

"Made in Italy" has recently come under intense scrutiny, not only due to tariffs that continue to penalise many sectors despite recent trade agreements, but primarily because of persistent issues surrounding illegal labor exploitation. Companies are also grappling with significant difficulties in effectively monitoring their entire supply...

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After labour scandals: Italian government mulls regulation to safeguard Made in Italy’s reputation

The Italian Ministry of Enterprises and Made in Italy (Mimit), the government body responsible for supporting businesses and local production, is reportedly considering the introduction of a certification system after the brand Loro Piana was placed under judicial administration for alleged workers' rights violations. According to Reuters,...

Fashion

Milan court orders judicial administration for Loro Piana

Another case of labour exploitation involving a luxury brand has emerged. This time it concerns LVMH-owned brand, Loro Piana. A Milan Court has ordered judicial administration for one year for Loro Piana. Frédéric Arnault has been the CEO of the company since June 10. According to Italian news agency Ansa, the measure taken by the judges of the...

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Fashion |Opinion

Loro Piana’s quiet ascent to become LVMH’s Hermès

Originally a wool merchant, Loro Piana began as a textile mill, exporting high-end fabrics to Europe, Japan, and the Americas. Renowned for its extra-fine wool, cashmere, and vicuña, the company did not enter the ready-to-wear and luxury goods market until the 1980s. It is fair to say it hasn’t looked back since. By the time LVMH acquired an 80...

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LVMH latest CEO shuffle sees Frédéric Arnault helm Loro Piana

In its latest CEO shuffle, LVMH has promoted key executives to strengthen leadership at its largest brands. Damien Bertrand, CEO of Loro Piana, will become deputy CEO of Louis Vuitton, while Pierre-Emmanuel Angeloglou, a former L'Oréal executive, will take the same role at Christian Dior Couture. Frédéric Arnault, currently CEO of LVMH Watches,...

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Fashion |In Pictures

Christmas displays from around the world

With Christmas fast approaching, FashionUnited has rounded up the best of this year’s festive displays, from Sir Paul Smith’s takeover at Claridge’s in London to Selfridges maximalist take on the holiday season, Saks Fifth Avenue’s dazzling 100th-anniversary showcase in New York, Fenwick’s 12 Days of Christmas in Newcastle, Dior’s showstopping...

Fashion |MARKETING

New Loro Piana and New Balance sneaker collab to cost 1,500 dollars

At first glance, the new collaboration between sneaker giant New Balance and Italian luxury house Loro Piana may not seem to be anything out of the ordinary. The 990 silhouette has been around since the 1980s, and version six was launched in 2022, having since been available in various iterations, including grey, a similar colour to this...

Retail

Loro Piana to takeover Harrods for the holiday season

Italian luxury brand Loro Piana, owned by LVMH Group, has announced it will takeover luxury department store Harrods in London for the holiday season. The move coincides with Loro Piana’s 100th anniversary and will see the luxury brand taking over Harrods iconic façade, including 36 windows on Brompton Road, alongside the opening of two pop-ups...