Shocker: Not All Luxuries Are Created Equaldodai11/29/07 10:30amFiled to: big spendersConsumeristGucciLVMHLuxuryTom FordTopbulgariEthics712EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkAs we're smack dab in the middle of the holiday shopping season, do you wonder if that oh-so-cheap cashmere sweater you've purchased was stitched by malnourished six year olds? Do you question whether the python that gave up its skin for your handbag was killed humanely? (It definitely wasn't!) Some of the big luxury names have received poor grades in a ranking of ethical and environmental performance, according to the Financial Times. The WWF released a report called Deeper Luxury and gives both Italian jewelry company Bulgari and Italian accessory company Tod's grade F for their "environmental, social and governance performance and reputation." PPR, which owns Gucci, received a D, as did Swatch. Hermès, L'Oréal and LVMH got the highest grades: C+.