LVMH's Dior Faces Scrutiny Over Delayed UK Supply Chain Disclosures And Outdated Certifications
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2024
0mins
Source: Benzinga
Dior's Compliance Issues: Christian Dior SE has been found non-compliant with the UK's Modern Slavery Act, displaying outdated anti-slavery statements and sustainability certifications on its website, prompting investor concerns and calls for better supplier monitoring from LVMH.
Recent Developments: Following inquiries, Dior published a new modern slavery statement for 2023, claiming to have ceased relationships with suppliers involved in illegal practices, while LVMH faces challenges including disappointing earnings and potential competition for wealth rankings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
