Inside luxury goods' broken audit system [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
NASDAQ:AMEX Investor Relations:
lvmh.com/investors
Company Research
Source: Yahoo! Finance
MILAN (Reuters) - LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found. AZ Operations, a sub-contractor of Manufactures Dior tasked with the production of leather items and based near Italy's fashion capital Milan, was accused by Italian prosecutors in June of being a front for an operation that exploited workers. However, AZ Operations passed two environmental and social inspections in 2023, in January and July, according to unpublished audit documents reviewed by Reuters. Widespread Milan investigations have uncovered malpractice inside the Italian luxury goods supply chain of Dior, Giorgio Armani and Alviero Martini this year, Reuters has previously reported. The audit papers, along with court documents, Reuters interviews with more than two dozen
Show less
Read more
Impact Snapshot
Event Time:
LVMUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LVMUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LVMUY alerts
High impacting LVMH-MOET H/L/V UNSP/ADR news events
Weekly update
A roundup of the hottest topics
LVMUY
News
- French Stocks Stand Out With 2024 Loss as Political Risk Weighs [Yahoo! Finance Canada]Yahoo! Finance Canada
- French Stocks Stand Out With 2024 Loss as Political Risk Weighs [Yahoo! Finance]Yahoo! Finance
- Inside luxury goods' broken audit system [Yahoo! Finance Canada]Yahoo! Finance Canada
- The people we think shaped European business in 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- This chart shows what a bad year 2024 was for luxury [Business Insider]Business Insider