T
he Alexander McQueen brand is the subject of a tax probe by Italian authorities, Kering announced on Monday. Kering and the company are confident that their operating mode is correct and are pursuing these discussions constructively, it said.
Italy’s financial police allege that Alexander McQueen failed to declare between 60 million euros and 70 million euros in taxable income between 2016 and 2022, leading Florence prosecutors to open an investigation.
To settle an investigation into Gucci’s tax payments related to its Italy sales between 2011 and 2017, the conglomerate paid the Italian Revenue Agency a total of 1.25 billion euros in 2019. Italian tax authorities claim Kering intentionally avoided Italian taxes by directly operating a Swiss subsidiary named Luxury Goods International to distribute Gucci products in Italy. Continue reading
In 2024, New York City is looking forward to a repeat performance of last year’s holiday season. The city attracted 4.4 million visitors in 2023 who spent over $500 million and created 14,000 jobs.
The empty house Jacquemus is about to launch its own lottery, to attract customers to its empty store of products worthy of the name. I hope that the National Gaming Authority (ANJ) is aware of this.
Beware of knockoff, sometimes it can be surprising..Dior Creates New Industrial Department, Taps EssilorLuxottica Veteran as Chief Production Officer. The French luxury house vowed to take a larger proportion of its production in-house following a scandal over subcontractors in Italy.
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For its 40th anniversary, the Fondation Cartier is pulling out all the stops because in 2025, it will set up shop at Place du Palais-Royal, swapping Boulevard Raspail to better anchor itself in the beating heart of Paris and the ghetto of the Lord of LVMH. Neighbors: the Louvre Museum, the Museum of Decorative Arts, the Comédie-Française, the Bourse de Commerce – Pinault Collection, the Musée de l’Orangerie, the Jeu de Paume, the Opéra Garnier and the Musée d’Orsay, but especially the Samaritaine.
With a touch of the supernatural, Harris Reed has concocted a haunting, gender-fluid Monster High doll, which will be released on Friday. Harris Reed is a British-American fashion designer[1] and creative director for French fashion house Nina Ricci
The French fashion house has chosen British actor Callum Turner as its brand ambassador. On and off screen, he exudes an authentic and endearing charisma while his elegant clothing choices have earned him notable stylistic popularity, notably in Doctor Frankenstein.
Cédric Charbit, new CEO of Balenciaga at Saint Laurent Gianfranco Gianangeli, former CEO of Maison Margiela and currently commercial director of YSL, succeeds Cédric Charbit at Balenciaga.
Matthieu Blazy, Chanel’s next artistic director? Chanel is no longer looking to find a new artistic director for fashion because it has found it after that negotiations with the prince of clubbing have failed. The French house, which is now English, plans to announce in June the successor to Virginie Viard, who left the house after five years.
Since he joined Burberry as CEO in July, Joshua Schulman has wasted no time in trying to right the ship, with the twin brakes pressing, the slowdown in luxury demand and by past strategies that pushed the brand into territory too specialised, too fashionable and too expensive, and without ever inviting journalists.
Loro Piana is floating into Harrods on clouds of cashmere and vicuña for a grand-scale holiday takeover marking the Italian brand’s 100th anniversary celebrations.

Elie Saab is strengthening its handbag division and has appointed Marina Raphael as its new artistic and design director.
In Occoquan, Virginia, local authorities asked Andre Soriano, a sort of “Liberace copycat,” to remove 11 pro-Donald Trump signs from the exterior of his building. A four-story building houses Soriano’s store on the ground floor and his residence on the second floor.
Bottega Veneta’s new fragrance collection, comprised of five scents, was designed to be the very essence of the house. This is the first major product launch unveiled by Kering Beauté since the division launched in January 2023.
The more madmen there are, the more dangerous it is to laugh. Proverbs are the prophets of the professionals of prophecy. The majority of luxury brands are truly “bullshiters”, and to denounce this, the shoe company Payless, which are not of very high quality, but of good quality nonetheless, decided to do a little test in 2018: Open a new store by making believe that it is a luxury brand, and this, by selling the same shoes. This new store is located in the middle of Los Angeles, with an adequate luxury decoration. Thus, the trap will close.