Latest news with #FredericArnault
News18
08-08-2025
- Entertainment
- News18
Is BLACKPINK's Lisa Dating Japanese Actor Sakaguchi Kentaro? Fans Think So
Last Updated: Taking to her Instagram Stories, Lisa posted a picture of a scenic location and used her song Dream as the background music. BLACKPINK's Lisa, aka Lalisa Manobal, is back in the headlines, not for her performances on stage, but for her personal life. The 28-year-old Thai rapper and dancer once again sparked dating rumours. And no, this time not with LVMH heir Frederic Arnault. Now, she has been at the centre of a buzz after her Instagram Stories caught the attention of her fans. It all began on August 1 when Lisa posted a picture of scenery on her profile. She used her song Dream as the background music. Days later, on August 6, Japanese actor Sakaguchi Kentaro shared a similar scenic photo on his Instagram Stories, and he also added Lisa's song as the background music. Once people on the Internet noticed their similar content, some pointed out that this could be a sign of 'lovestagram," a term used when couples post matching or related content on social media. But not everyone thought they were dating. A section of their fans speculated that Sakaguchi might star in the music video of Lisa's song Dream. Not the lovestagram — salt air (@piscesologist) August 6, 2025 One fan said, 'In Korea, this can only mean one thing." Another added, 'Already thinking about their ship name." Someone else wrote, 'I personally think that he'll participate in the MV of Dream. I'm so excited." A different fan mentioned, 'I already can't wait for the bts of the MV." Amid the dating rumours, Lisa took to her Instagram account on August 7 and posted a behind-the-scenes glimpse from the shoot of the music video for Dream. The picture featured a still from the shoot, showing two hands, seemingly exchanging rings. She used Dream as the background music and posted the picture without any caption. Who Is BLACKPINK Lisa's Dating? For the last few years, there have been reports claiming that the BLACKPINK member has been dating the French businessman and former CEO of TAG Heuer, Frederic Arnault. They have sparked dating rumours since 2022. While the duo has never confirmed or denied the speculations, on various occasions, they were spotted together, further intensifying the rumours. More recently, Frederic was present at the premiere of The White Lotus and was also seen with the cast of the show, with which Lisa made her acting debut. What Is BLACKPINK's Lisa Up To These Days? As for her work front, the 28-year-old rapper and dancer is currently on the Deadline World tour with her group BLACKPINK. They embarked on their first tour in two years in July in South Korea, and are currently on the European leg of the tour. They are scheduled to conclude it in January next year. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
15-07-2025
- Business
- Time of India
Cashmere king Loro Piana becomes latest Italian luxury brand called out for worker abuse in supply chain
By Emilio Parodi Cashmere king Loro Piana , part of LVMH 's luxury empire, became on Monday the fifth high-end brand to be put under judicial administration in Italy over worker abuses in supply chains, after an investigation that has tainted the image of Italian luxury goods. Loro Piana Spa will undergo court monitoring for a year, according to the 26-page ruling reviewed by Reuters, which stems from investigations into the world of subcontracting for luxury goods in Italy that started in 2023. Units of fashion brands Valentino , LVMH's second largest brand Dior, Italy's Armani, and Italian handbag company Alviero Martini were also placed under administration. The Court of Milan found that Loro Piana, which makes expensive cashmere clothing, subcontracted its production through two front firms that had no actual manufacturing capacity to Chinese-owned workshops in Italy, which the court said exploited workers. LVMH, the world's biggest luxury group, acquired 80% of Loro Piana in July 2013, with the Italian family that founded the company retaining 20%, according to the court ruling. In June, Loro Piana appointed Frederic Arnault, a son of LVMH chairman and Chief Executive Bernard Arnault, as its CEO. The Milan court, as in the cases of the other brands targeted by the investigation, found Loro Piana "culpably failed" to adequately oversee its suppliers in order to pursue higher profits, according to the ruling. Loro Piana declined to comment. LVMH was not immediately available for comment. The owners of the contracting and subcontracting companies were under investigation by Milan prosecutors for exploiting workers and employing people off the books. Loro Piana Spa itself faces no criminal probe. The prosecutors in the case said the violation of rules among fashion companies in Italy was "a generalised and consolidated manufacturing method". "Direct experience [from all the various investigations, i.e. Armani, Dior, Valentino, Alviero Martini and Loro Piana on the control of production chains] indicates that the complete outsourcing of industrial production processes is aimed exclusively at reducing labour costs and, consequently, also the criminal and administrative liability of the company with regard to worker safety... All this is done with a view to maximising profits at the lowest possible production cost," the Court of Milan said in its ruling on Monday. WORKER ABUSES AT SUBCONTRACTORS Italy is home to thousands of small manufacturers that make up 50%-55% of global luxury goods production, consultancy Bain has calculated. In May, Italy's fashion brands signed an accord with legal and political authorities to fight worker exploitation, but the ruling on Loro Piana said "this production chain, headed by Loro Piana, has continued to operate until now" and despite the previous cases being widely reported. The case involving Loro Piana Spa originated after Carabinieri police from the Milan labour protection unit in May arrested a Chinese workshop owner and closed his factory in the northwestern suburbs of Milan. The employer was reported by one of his workers for beating him, causing injuries that required 45 days of treatment, after the worker demanded 10,000 euros ($11,692.00) in unpaid wages. Carabinieri police found that the workshop produced Loro Piana-branded cashmere jackets and that its 10 Chinese labourers, including five illegal immigrants, were forced to work up to 90 hours a week, seven days a week, were paid 4 euros an hour, and slept in rooms illegally set up inside the factory. Carabinieri said in a statement they inspected two intermediary companies and three Chinese workshops, all in the Milan area, and identified 21 workers, 10 of whom were working off the books without proper registration, including seven illegal immigrants. According to the court ruling, the owner of an intermediary company stated that in recent years she had been producing around 6,000-7,000 jackets per year for Loro Piana at an agreed price of 118 euros per jacket if the order was for more than 100 items and 128 euros if the order was under 100 items. Based on the Loro Piana website, for example, men's cashmere jackets range from a minimum of over 3,000 euros to a maximum of over 5,000 euros. In their statement, Carabinieri concluded they had closed two Chinese-owned factories, the third being a 'paper' company with no production capacity, and imposed a joint fine of over 240,000 euros. The Milan court in its ruling on Loro Piana also appointed an external administrator to verify the company meets all the judges' demands on control of its supply chain. The administration will be lifted earlier if the unit brings its practices into line with legal requirements, as was the case with Dior, Armani and Alviero Martini.
Int'l Business Times
14-07-2025
- Business
- Int'l Business Times
LVMH Italian Fashion House Loro Piana Put Under Court Administration
Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday. In a statement, the Italian police labour protection service said it had "executed a decree of judicial administration issued by the Milan court" against a company operating in the high fashion sector. A source inside Loro Piana, which is known for its cashmere, confirmed to AFP the proceedings against it, but the company did not provide any official comment. The police said the company had been deemed "incapable of preventing or curbing labour exploitation within the production cycle by failing to implement adequate measures to verify the actual working conditions or the technical capacities of its contractors". An investigation found the fashion house entrusted the production of its clothing, including cashmere jackets, to a company without production facilities. That firm outsourced the work to another company, which in turn used workshops employing Chinese workers to save costs. In these workshops, irregular workers were exploited without respecting health and safety rules, particularly regarding wages, working hours, breaks and holidays, investigators found. The judges of the Milan court found that Loro Piana "negligently facilitated" the exploitation, according to the police statement. The investigation began in May following a complaint from a Chinese worker who claimed he was beaten by his boss after demanding payment of back wages. The police carried out inspections in factories run by Chinese citizens in the area surrounding Milan, finding violations of workplace rules as well as illegally built dormitories and unsanitary conditions. Proceedings were brought against two Chinese nationals who owned workshops, two Italians for violations of workplace health and safety standards, and seven workers without residence permits. The court also imposed fines totalling over 181,000 euros ($211,000) and administrative penalties of around 60,000 euros. The operations of two Chinese workshops were also suspended "for serious safety violations and the use of undeclared labour", the police statement said. Loro Piana was acquired by LVMH in 2013, and is currently led by Frederic Arnault, son of LVMH chairman Bernard Arnault. The company did not comment on the proceedings in Milan. The Italian justice system has already carried out similar proceedings against other fashion houses including Armani. In May, the Italian competition authority cleared luxury brand Dior -- also owned by LVMH -- of violations in working conditions but required it to pay a two-million-euro fine towards "victims of exploitation".
The Sun
14-07-2025
- Business
- The Sun
LVMH Italian fashion house Loro Piana put under court administration
ROME: talian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday. In a statement, the Italian police labour protection service said it had 'executed a decree of judicial administration issued by the Milan court' against a company operating in the high fashion sector. A source inside Loro Piana, which is known for its cashmere, confirmed to AFP the proceedings against it, but the company did not provide any official comment. The police said the company had been deemed 'incapable of preventing or curbing labour exploitation within the production cycle by failing to implement adequate measures to verify the actual working conditions or the technical capacities of its contractors'. An investigation found the fashion house entrusted the production of its clothing, including cashmere jackets, to a company without production facilities. That firm outsourced the work to another company, which in turn used workshops employing Chinese workers to save costs. In these workshops, irregular workers were exploited without respecting health and safety rules, particularly regarding wages, working hours, breaks and holidays, investigators found. The judges of the Milan court found that Loro Piana 'negligently facilitated' the exploitation, according to the police statement. The investigation began in May following a complaint from a Chinese worker who claimed he was beaten by his boss after demanding payment of back wages. The police carried out inspections in factories run by Chinese citizens in the area surrounding Milan, finding violations of workplace rules as well as illegally built dormitories and unsanitary conditions. Proceedings were brought against two Chinese nationals who owned workshops, two Italians for violations of workplace health and safety standards, and seven workers without residence permits. The court also imposed fines totalling over 181,000 euros ($211,000) and administrative penalties of around 60,000 euros. The operations of two Chinese workshops were also suspended 'for serious safety violations and the use of undeclared labour', the police statement said. Loro Piana was acquired by LVMH in 2013, and is currently led by Frederic Arnault, son of LVMH chairman Bernard Arnault. The company did not comment on the proceedings in Milan. The Italian justice system has already carried out similar proceedings against other fashion houses including Armani. In May, the Italian competition authority cleared luxury brand Dior -- also owned by LVMH -- of violations in working conditions but required it to pay a two-million-euro fine towards 'victims of exploitation'. – AFP
News18
09-07-2025
- Business
- News18
Is BLACKPINK's Lisa Really Dating Frederic Arnault? Fans Think So
Last Updated: Frederic Arnault's visit to Korea during BLACKPINK's concert further triggered speculations about their romance. BLACKPINK's Lisa, aka Lalisa Manobal, alongside her group, launched their Deadline World Tour with a solo concert held at the Goyang Stadium in South Korea on July 5 and 6. Considered as the group's first all-stadium tour, it will conclude on January 25, 2026, at the Kai Tak Stadium in Hong Kong. Amidst this, Lisa's rumoured boyfriend and LVMH heir Frederic Arnault reportedly met the heads of Korea's top department stores, further triggering speculations about the duo's affair and the rapper using his connections in her career. According to a report by Chosun Daily, Frederic Arnault, the CEO of Italian luxury brand Loro Piana, recently graced South Korea. During his visit, the rumoured boyfriend of BLACKPINK's Lisa also reportedly met executives from the country's four major department store chains. As per industry sources, Arnault held meetings with Jung Joon Ho of Lotte Department Store, Kim Young Hoon of Hanwha Galleria, Park Joo Hyung of Shinsegae, and Jung Ji Young of Hyundai Department Store. Additionally, the report claimed that Arnault visited several high-end department store branches in Seoul to personally inspect Loro Piana shops along the way. It included Lotte Avenuel (Jamsil and Main branches), Shinsegae Gangnam and Main stores, Galleria Luxury Hall in Apgujeong, and Hyundai Department Store's Apgujeong main branch. As the fourth son of Bernard Arnault, chairman of LVMH (the world's largest luxury conglomerate), Frédéric's meetings with the top executives and personal inspection of the shops were seemingly focused on business purposes. However, social media users couldn't help but link the main motif behind his trip to that of his rumoured girlfriend Lisa's ongoing concert in Korea. One person tweeted, 'Did #Lisa's rumoured boyfriend Frederic Arnault plan a sudden work trip to attend #BLACKPINK's Goyang Concert?" Did #Lisa 's rumored boyfriend Frédéric Arnault plan sudden work trip to attend #BLACKPINK 's Goyang Concert? — HallyuTalk (@hallyutalk) July 8, 2025 Another added, 'Lisa's Billionaire Boyfriend Adjusts Schedule to Support Her at BLACKPINK Concert in Korea?" Lisa's Billionaire Boyfriend Adjusts Schedule to Support Her at BLACKPINK Concert in Korea? – KBIZoom — CHM 78 (@ChowHoa) July 8, 2025 But as BLACKPINK's Deadline World Tour has been scheduled in many other major cities across North America, Europe, and Asia, it remains to be seen whether Lisa will also be joined by Arnault over there. Lisa and Arnault's dating rumours began in late 2022. Afterwards, they were spotted holding hands in Japan to enjoying mushy dates in Italy, and many more sparking romance speculation. Despite this, neither of them has publicly addressed the dating rumours. First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
