MILAN (Reuters) -Italy’s antitrust authority has closed a probe into whether LVMH-owned Dior and two of its units had misled consumers with their ethical statements, saying the company had taken commitments though no wrongdoing had been found.
Dior’s commitments include paying 2 million euros ($2.3 million) over five years to support initiatives aimed at helping victims of labour exploitation.
Last week, an Italian court placed a unit of fashion brand Valentino under judicial administration for a year after uncovering worker abuse inside its supply chain, in the latest in a string of cases that have tainted the image of luxury brands. ($1 = 0.8834 euros)
(Reporting by Elisa Anzolin; Editing by Valentina Za)
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