Although its brands are considered “luxury”, LVMH (Moët Hennessy Louis Vuitton) functions much like a fast fashion brand: building vast profits by exploiting workers while ignoring the climate crisis.
Sources
Bernard Arnault & family [Forbes]
Investigation: How Billionaires Park Vast Wealth In Tiny, Tax-Light Luxembourg [Forbes]
LVMH Invests in Iz LGD Producer Lusix [The Diamond Loupe]
Bernard Arnault, world's richest man, invests in cybersecurity startup Wiz [C Tech]
LVMH's unit put under court administration in Italy over labour exploitation [Reuters]
Italian haute couture leaves Romanian workers broke [Internazionale]
Luxury brands, cheap practices: garment workers abandoned [Clean Clothes Campaign]
Christian Dior’s $57 Handbags Have a Hidden Cost [Wall Street Journal]
'We Should All Be Feminists' £690 T-Shirt [Dior]
Luxury’s Hidden Indian Supply Chain [The New York Times]
Clothing brands failing to eradicate forced labour risk in supply chains [CNBC]
We won’t sacrifice growth for environmental concerns, says billionaire [Telegraph]
The Vicuñas and the $9,000 Sweater [Bloomberg]
