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One of the most demanding luxury brands in the world, the Italian Gucci, stole a billion euros according to the parquet of Milan. The inspection body informed the completion of the investigation on tax evasion.
A court source said that if a fashion house with the other party did not settle the dispute or in the absence of new evidence, the case would be forwarded to the court within 20 days .
The Milan prosecutor's office suspects Gucci, who is part of the French group Kering, that Italian sales income tax has been paid in Switzerland, a country benefiting from a more favorable tax regime. The prosecutor believes that the fashion house has imposed its profits through the Swiss company Luxury Goods International (LGI). The LGI of most brands covered covers distribution and logistics.
The Kering Group has stated that it has no doubts about the accuracy and transparency of its activities and actively cooperates with the competent authorities.
The survey was conducted by the current CEO of Gucci, Marco Bizzarri and his predecessor, Patrizio Di Marco.
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