Some investors demand change at LVMH after probe into Dior contractors

Q: How long will it take to read this news story?

The story "Some investors demand change at LVMH after probe into Dior contractors" has 1068 words across 36 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Some investors demand change at LVMH after probe into Dior contractors" was covered 2 hours ago by The Star, a news publisher based in Malaysia.

Q: How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news. The outlet is headquartered in Malaysia and publishes an average of 45 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21751552</li><li>URL: https://beamstart.com/news/some-investors-demand-change-at-17217394548550</li></ul>

The Star 2h ago

Some investors demand change at LVMH after probe into Dior contractors - The Star

Quick Summary:

LONDON/PARIS: Europe's top asset manager Amundi and other LVMH investors want the $370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps to monitor its suppliers' treatment of workers after Italian prosecutors disclosed alleged sweatshop-like conditions at subcontractors for high-end brand Dior, three investors told Reuters.

The French asset manager voted against the re-election of Arnault as LVMH CEO at the 2022 and 2023 shareholder meetings due to what it said was the French behemoth's lack of transparency on worker pay and conditions.

Robeco routinely pushes luxury companies including LVMH to publish more information about their suppliers, and to ensure factory audits are unannounced, Buckulcikova said.