LVMH has appointed new third-party auditors, increased unannounced audits, and updated its supplier codes of conduct. The sharing of audit resources and results across its Maisons, and also with peers, is a pragmatic approach to reducing exposure to hidden labour abuses. These steps have been complemented by improved disclosure, offering more detail on the company's supply chain oversight and approach toward addressing labour rights risks. We will continue to engage with the company to assess the effectiveness of these audit process enhancements.

A central certification platform for the Lombardy region in Italy will provide a ‘status’ for suppliers that are willing and able to submit compliance documents twice annually. A centralised system will mean suppliers will not need to meet different checks and requirements from multiple brands. This could address the root causes of the issues, although it is voluntary and will require continued buy-in from brands.

LVMH is selectively increasing in-house manufacturing capacity to preserve artisanal skills and invest in human capital. The calibre of experienced hires into Dior's new Industrial division and the establishment of the Group-wide Director of Industrial and Craftsmanship also send encouraging signals on increased oversight mechanisms.