{"id":44672,"date":"2024-07-29T01:42:52","date_gmt":"2024-07-29T01:42:52","guid":{"rendered":"https:\/\/www.aplf.com\/2024\/07\/29\/labour-and-supply-chains\/"},"modified":"2024-07-29T01:43:03","modified_gmt":"2024-07-29T01:43:03","slug":"labour-and-supply-chains","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hans\/2024\/07\/29\/labour-and-supply-chains\/","title":{"rendered":"Labour and Supply Chains"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"44672\" data-post-id=\"44672\" data-obj-id=\"44672\" class=\"elementor elementor-44672 dce-elementor-post-44672 elementor-44668\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">29 July 2024<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23791b0 elementor-widget elementor-widget-heading\" data-id=\"23791b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Labour and Supply Chains<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe48591 elementor-widget elementor-widget-image\" data-id=\"fe48591\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"284\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/07\/image-14.jpg\" class=\"attachment-large size-large wp-image-44670\" alt=\"\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/07\/image-14.jpg 600w, https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/07\/image-14-500x237.jpg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" style=\"width:100%;height:47.33%;max-width:600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3baaeb8 elementor-widget elementor-widget-text-editor\" data-id=\"3baaeb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Gangmastering: Dior promises solutions, but doesn&#8217;t know &#8220;what happened&#8221;<\/strong><\/p>\n<p>LVMH promises solutions in response to the investigation by the Milan Public Prosecutor&#8217;s Office into gangmastering in the Dior supply chain, which was joined by the investigation by the Antitrust Authority. Solutions that, in large part, involve the vertical integration of suppliers. LVMH intends to send a message to investors who are asking for greater transparency on audits and internal purchasing practices. But what gives pause for thought is the statement, reported by the media, by LVMH CFO Jean-Jacques Guiony, who, regarding the investigation into Dior, says: &#8220;We have no idea what happened. By <a href=\"https:\/\/www.laconceria.it\/\" target=\"_blank\" rel=\"noopener\">La Conceria<\/a>.<\/p>\n<p><strong>Investors&#8217; concerns<\/strong><\/p>\n<p>Three investors told Reuters that they had asked LVMH to take more aggressive measures to monitor suppliers\u2019 treatment of workers. LVMH\u2019s chief financial officer did not gloss over the issue of gangmastering in a conference call with analysts on the first-half 2024 results: \u201cWe take full responsibility for what happened in Italy with Dior\u2019s suppliers. However, we have no idea what happened,\u201d the Borsa Italian website reported.<\/p>\n<p><strong>LVMH promises solutions<\/strong><\/p>\n<p>The second part of Guiony&#8217;s response concerns Dior&#8217;s vertical integration, which relies more on outsourcing than Louis Vuitton. &#8220;This strategy (of integrations, ed. ) did not start yesterday,&#8221; Guiony said, as quoted by BoF. &#8220;We have been implementing it for quite some time and we will continue to do so, hoping to intensify it and make it faster than we had in mind. It is not easy, but the situation requires further investment on this front.&#8221;<\/p>\n<p><strong>Acquire, but where<\/strong><\/p>\n<p>Increasing the vertical integration of suppliers means that Dior will pursue greater independence from external suppliers. Translated: the brand could acquire some important leather goods or shoe manufacturer (we imagine Italian). An operation to be implemented in a reasonably short time to give a timely response to consumers and investors, pending the outcome of the investigations. <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-75d80fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75d80fd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c00671\" data-id=\"1c00671\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19eb4bc elementor-widget elementor-widget-spacer\" data-id=\"19eb4bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>29 July 2024 Labour and Supply Chains Gangmastering: Di&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hans\/2024\/07\/29\/labour-and-supply-chains\/\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">Labour and Supply Chains<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":44670,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-44672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-sc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Labour and Supply Chains - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hans\/2024\/07\/29\/labour-and-supply-chains\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labour and Supply Chains - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"29 July 2024 Labour and Supply Chains Gangmastering: Di&hellip; 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