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Christian Dior SE (DIO.BE)
- Fortune
LVMH’s Italian Dior maker is being investigated for outsourcing its luxury manufacturing to Chinese-owned firms that allegedly exploit workers
The ruling found that employees slept at their workplace just to ensure they were “available 24 hours a day,” a report said.
- Reuters
LVMH's unit put under court administration in Italy over labour exploitation
MILAN (Reuters) -An Italian subsidiary of French luxury giant LVMH that makes Dior-branded handbags was placed under court administration on Monday, after a probe alleged it had sub-contracted work to Chinese-owned firms that mistreated workers. This is the third such decision this year by the Milan court in charge of pre-emptive measures, which in April named a commissioner to run a company owned by Giorgio Armani due to accusations the fashion group was "culpably failing" to adequately oversee its suppliers. Armani Group said at the time it had always sought to "minimise abuses in the supply chain".
- GuruFocus.com
Christian Dior SE's Dividend Analysis
Christian Dior SE (CHDRY) recently announced a dividend of $2.04 per share, payable on an unspecified date, with the ex-dividend date set for 2024-04-23. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Christian Dior SE's dividend performance and assess its sustainability.
