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US consumers are closing their monogrammed wallets because Donald Trump’s 15 percent tariffs on EU imports are pushing up the price of European brands.
In Milan, the talk is of ethical challenges. LVMH-owned Loro Piana, whose carefully curated image is a mix of heritage and craftsmanship, has been placed under judicial oversight for one year after Italian authorities accused the firm of failing to stop subcontractors from exploiting migrant workers. Armani and Dior have…
