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The Court Administration Faced by LVMH and Armani Units, Explained

The Court Administration Faced by LVMH and Armani Units, Explained

An Italian subsidiary of French luxury giant LVMH, Dior Manufactures SRL, on Monday became the third fashion company to be put under administration by a Milan court this year.

Prior to appointing special commissioners to oversee the Milan-based maker of Dior-branded handbags, the court had imposed the same terms on a unit of Italy’s Giorgio Armani group and on leather goods maker Alviero Martini, famous for its geographical map prints.

What…


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