Loro Piana
Italian luxury brand
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March 2025 | Frédéric Arnault replaced Damien Bertrand as CEO of the company. |
December 2024 | Loro Piana announced enhanced supplier audits to improve compliance with local compensation agreements. |
March 2024 | Bloomberg News criticized the company's compensation agreements with local vicuña wool communities. |
2022 | Loro Piana established its headquarters at Cortile della Seta in Milan's Brera district. |
December 2021 | Loro Piana implemented full product traceability online, allowing clients and buyers to track products from sheep to store. |
November 2021 | Damien Bertrand was appointed as CEO of the brand. |
2019 | The company's sales increased to €1 billion, marking a substantial expansion over seven years. |
2017 | LVMH acquired an additional 5% stake in Loro Piana. |
2013 | Sergio Loro Piana passed away. |
December 2013 | Antoine Arnault was announced as the new chairman of Loro Piana. |
July 2013 | LVMH acquired an 80% stake in Loro Piana for $2.6 billion, becoming the majority shareholder. |
2012 | Loro Piana reported €700 million in revenue, indicating significant growth in their textile business. |
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