In sure components of India, sweatshops have been utilized, and LVMH seems to be working with full disregard for human well being and security, with allegations of poor working circumstances. LVMH, the world’s chief in luxurious, owns greater than 75 manufacturers that embody merchandise reminiscent of clothes, wines, perfumes, jewellery, and rather more. Regardless of its ubiquitous presence, the corporate has confronted accusations of heinous actions, together with violating staff’ rights, tax evasion, disregarding animal rights, and numerous different scandals. This raises the query of whether or not LVMH is as evil as it’s claimed to be, and if that’s the case, how has this firm grow to be price over 400 billion {dollars}? The reality is, behind the glamor and opulence lies a darker facet to the story. Nevertheless, to grasp the LVMH saga, we should first be taught in regards to the historical past of its CEO. Put together to be intrigued and presumably outraged as we delve into the scandals and secrets and techniques of Bernard Arnault, the controversial billionaire behind the luxurious empire of LVMH.
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