Italian luxury goods made by Chinese labor cost 90% less
(NEWSER) - For consumers of luxury goods, the "Made in Italy" designation remains so prestigious that it can add 300% to an item's price. But the days of artisans plying their trade in little workshops are largely over, the Los Angeles Times reports, replaced by thousands of Tuscan factories employing Chinese workers at low wages and in deplorable conditions. For many, the labor is little more than indentured servitude. More»