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