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News briefs

Kering, US-UK trade talks, Moët Hennessy, McLaren and luxury real estate

December 18, 2020

Gucci parent company Kering is accused of tax evasion in France. Image credit: Gucci

 

By Luxury Daily News Service

Luxury Daily’s live news for Dec. 17:

Kering swept up in tax probe by French financial prosecutor’s office
Luxury conglomerate Kering, owner of Gucci, Balenciaga and Yves Saint Lauren, has confirmed it has been the subject of a tax fraud investigation by the French financial public prosecutor’s office since February 2019.

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  1. Moschino allows consumers to shop the runway during live-stream
  2. Kering, in transparency move, goes for 100pc traceable organic cotton
  3. Michael Kors launches WeChat platform to enhance shopping experience in Asia
  4. Chloé fetes iconic anniversary collection via video series
  5. Mercedes introduces electric bike collection
  6. Luxury Unfiltered: Why traditional management is killing luxury as an asset class
  7. Waldorf Astoria Goa to open in 2030
  8. Missoni pays homage to founders, Brazil with charity auction
  9. Instagram acts as moisturizer to preserve Facebook's appeal: L2
  10. Sneakers become prominent force in footwear: Fashionbi
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