Exploring the impact of regulatory changes on indigenous communities in Peru, focusing on the unethical practices of companies like Lora Pianna in profiting from Vekunya wool without compensating the local communities. Discusses the challenges faced by indigenous groups in processing the wool and selling luxury garments independently.
On today’s Big Take podcast, we trace the origin of Loro Piana’s $9,000 vicuña sweaters to the Andes mountains. Bloomberg’s Marcelo Rochabrun joins host Sarah Holder to unspool what it all means for the Indigenous communities that harvest the wool.
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