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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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