Europe

Italian police have conducted raids at the offices of luxury brands, including Bulgari and Chanel, amid allegations of labour exploitation involving Chinese subcontractors. This investigation by Milan prosecutors targets multiple firms, including Prada and Givenchy, highlighting concerns over supply chain practices within the luxury sector.

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Ukrainian President Volodymyr Zelenskyy has dismissed Mykhailo Fedorov as Defence Minister following a cabinet reshuffle. Fedorov confirmed his removal on social media, reflecting on his contributions and the need for continued military reform. Interior Minister Ihor Klymenko is expected to succeed him.

Adidas has announced it is set to make profits of €700m (£598m) in 2024. The announcement comes after the German sportswear giant’s messy situation with Kanye West and his Yeezy shoes. In February, Adidas announced it would sell its remaining Yeezy trainers from its partnership with West for at least cost price. 

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