On Saturday, Reuters released a report saying that Gucci is under investigation for tax evasion. Italy’s Guardia di Finanza, the national police force specializing in financial crimes late this week visited the fashion house’s offices in Milan and Florence for fiscal checks.
Mentioning an anonymous senior source with direct knowledge on the matter, Reuters reported checks started because Milan prosecutors suspected Gucci may have paid taxes on profits generated by sales in Italy in another country with a more favorable tax structure.
Reached for comment, Gucci released a statement saying the company is providing its full cooperation to the respective authorities and is confident about the transparency of its operations. Continue reading
A new Kimono exhibit will be held in Tokyo to bring together traditional craftsmanship, high-tech robotics, and leading contemporary artists from all over the world. Dubbed Kimono Roboto, the project is being led by Hong Kong-based company Melco Resorts and Entertainment.
Forever 21 isn’t giving up an effort to cancel Gucci’s trademarks for its classic, two-tone stripe design detail, and it’s using the designs of numerous other brands to support its case.
Giambattista Valli is launching an activewear capsule collection and gearing up for a retail push, marking the first steps of his label’s planned expansion under its new partnership with the billionaire Pinault family.
Benetton is back. After having revamped its operations, cleaned up & refurbished its stores and refocused on its product offers to redevelop the United Colors of Benetton brand.
Two new couture houses, Christophe Josse and Noureddine Amir have been elected as guest members of the official calendar by the membership committee of the famous and worldwide known Chambre Syndicale de la Haute Couture.
Dior invites you to step into the captivating world of beauty at the Dior Beauty Boutique in the Market Building. The essential trend destination for beauty lovers. Discover the latest Dior look, direct from the runway; from couture to ready-to-wear with Dior’s very own Covent Garden Boutique colour experts.
The Victoria’s Secret show has been steeped in controversy this year, amid reports that several models have been denied entry to China where the show is taking place, and angry locals protesting the event.
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, died in Paris of heart failure last Saturday.
After 19 minutes of dueling, with four bidders on the telephone and one in the room, Leonardo da Vinci’s “Salvator Mundi” sold on Wednesday night for $450.3 million with fees, shattering the high for any work of art sold at auction. It far surpassed Picasso’s “Women of Algiers,” which fetched $179.4 million at Christie’s in May 2015. The buyer was not immediately disclosed.
Kim Kardashian expects social media will work its magic for her once again and give her a place in the congested celebrity fragrance game.
This former student of ESMOD, excellent modelist, has successively been press officer of Thierry Mugler, Communication manager of Paco Rabanne in Spain and then to create a press agency called People’s Revolution.
Karl Lagerfeld Skewers Harvey Weinstein in Cartoon, the sketch is to appear in the monthly supplement of Frankfurter Allgemeine Zeitung.
Sidney Toledano is leaving Dior and will take over as chairman and ceo of LVMH Fashion Group.. The longtime CEO spent almost 20 years at the helm of the fashion house. He will be replaced by Fendi’s Pietro Beccari.
Wale, whose real name is Olubowale Victor Akintimehin, highlighted what a difference a year makes, and in 2016 Adidas seemed to own the spotlight at the shopping festival. This year, Virgil Abloh’s take on the Air Jordan 1s as part of his The Ten project with Nike won the top spot last year Kanye West’s Yeezy 350 V2s were a top contender and out of the 10 sneakers discussed, only one style came from Adidas, which was the Yeezy Boost 700 Wave Runner that’s yet to be released.
Esmod (SchooL) – Best school in the world. As we have seen in the last few years, some of the most successful CEOs in Fashion Industry do not come from fashion school, their success often comes from their know-how of business acuity and also of the meaning of fashion.” Esmod teaches technical processes of the fashion industry. The business will be learned during internship experience in companies. You can learn mix-marketing, but you can’t learn common sense of business. When you possess the technique of fashion including Haute Couture know-how, you are eligible as the perfect candidate to be successfull.
Burberry’s new chief executive officer, a fashion management star who helped steer Givenchy and Céline to success, declared during his first annual general meeeting in July that Burberry needed to take more risks.
