Italy
LVMH cutting ties between Loro Piana and traditional tailors

Both a fabric manufacturer and producer of its own ready-to-wear line, Italian group Loro Piana has built up long-standing links with tailors, to whom it has sold fabric and also enabled its own products to be sold. However, LVMH, Loro Piana's parent company, is now unravelling that strategy, stitch by stitch. [...]
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