Luxury Daily
The authority in luxury news.
Jan. 18, 2026
  1. Actress Demi Moore joins Kérastase as global brand ambassador
  2. Fendi launches Lunar New Year pop-up in Shanghai
  3. CEOs link sustainability initiatives to business value growth: Bain
  4. The hidden cost of retail bankruptcy for luxury consumers and brands
  5. Saks Global files for Chapter 11 bankruptcy protection
  6. LVMH Watch Week 2026 comes to Milan
  7. Top luxury campaigns of 2025: LVMH, F1
  8. Top luxury campaigns of 2025: Glenmorangie, ‘Once Upon a Time in Scotland’
  9. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  10. Saint Laurent taps model Bella Hadid for Mombasa Bag revival
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Government

Bulgaria cracks down on corruption, targeting luxury car, real estate owners

January 30, 2018

The EU is cracking down on corruption after wealthy elites, such as Kering's Bernard Arnault, were implicated in tax evasion. Image credit: Boucheron

 

By Danny Parisi

As it hosts the rotating presidency of the European Union, Bulgaria, a country notorious for corruption and tax evasion, is beginning to crack down on ill-gotten wealth by investigating the owners of prestigious luxury goods.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Actress Demi Moore joins Kérastase as global brand ambassador
  2. Fendi launches Lunar New Year pop-up in Shanghai
  3. CEOs link sustainability initiatives to business value growth: Bain
  4. The hidden cost of retail bankruptcy for luxury consumers and brands
  5. Saks Global files for Chapter 11 bankruptcy protection
  6. LVMH Watch Week 2026 comes to Milan
  7. Top luxury campaigns of 2025: LVMH, F1
  8. Top luxury campaigns of 2025: Glenmorangie, ‘Once Upon a Time in Scotland’
  9. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  10. Saint Laurent taps model Bella Hadid for Mombasa Bag revival
VIDEOS
More Videos

MORE IN Government
US lowers tariff on Swiss imports to 15pc
Armani faces $4M fine from Italian Competition Authority
Loro Piana faces judicial labor probe
Aston Martin employs newly-earned Royal Warrant
The legalities of online customer reviews for luxury brands
Prada, climate artist Enzo Barracco spark conversation on stage



RECENT ARTICLES
Patrón takes over as official tequila sponsor of Grammy Awards
Actress Demi Moore joins Kérastase as global brand ambassador
Ralph Lauren seats new board member

Top luxury campaigns of 2025: Rolex, ‘Reach for the Crown’
Off the Cuff: A Q&A with Virtuoso’s Jennifer Campbell
Google to power AI-native purchases