US lawmaker demands LVMH’s Loro Piana answer for ‘exploitation’ in Peru

The company, a subsidiary of LVMH Moët Hennessy Louis Vuitton SE, has been making garments out of wool from vicuñas — big-eyed, golden-brown animals native to the Andes — for three decades, selling them for thousands of dollars each. But a Bloomberg Businessweek report last week detailed how the trade has failed to improve the livelihoods of some of Peru’s poorest citizens, who share t…

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