Published by Global Banking and Finance Review
Posted on August 1, 2025
1 min readLast updated: January 22, 2026
Italy's antitrust regulator fined Giorgio Armani €3.5M for unfair practices. The company plans to appeal, citing disappointment with the decision.
(Reuters) -Italy's antitrust regulator said on Friday it had imposed a 3.5 million euro ($4 million) fine on fashion group Giorgio Armani and one of its units for alleged unfair commercial practices.
The two companies "issued misleading ethical and social responsibility statements in contrast with the actual working conditions found at suppliers and subcontractors", the regulator said in a statement.
Giorgio Armani expressed "disappointment and bitterness" at the decision and said it would appeal it before an Italian regional administrative court.
($1 = 0.8753 euros)
(Reporting by Philippe Leroy Beaulieu, editing by Giulia Segreti)
Italy's antitrust regulator imposed a fine of 3.5 million euros ($4 million) on Giorgio Armani.
The allegations included issuing misleading ethical and social responsibility statements that contradicted actual working conditions at suppliers and subcontractors.
Giorgio Armani expressed disappointment and bitterness at the decision and announced plans to appeal it before an Italian regional administrative court.
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