Swiss prosecutors opened an investigation days after the French luxury group denied allegations that it had used a Swiss-based scheme to evade taxes.

Topics:  french   swiss-based   tax   
BING NEWS:
  • Fresh concerns for luxury market as Gucci owner Kering issues profit warning
    Shares in France's Kering fell sharply on Wednesday after the Gucci owner issued a downbeat trading update, sparking fresh concerns for the health of the luxury market. Kering, led by François ...
    04/23/2024 - 11:30 pm | View Link
  • Shares in Gucci owner Kering sink after profit warning
    However, it did not expect the performance at Gucci to improve much in the second quarter. Sales at Yves Saint Laurent, its second biggest label, fell 6 per cent on a like-for-like basis in first ...
    04/23/2024 - 1:00 pm | View Link
  • Gucci owner Kering warns on profits as sales slide
    Kering, which owns brands including Gucci, Alexander McQueen, Yves Saint Laurent, Balenciaga and Bottega Veneta, posted group revenue during the first quarter of €4.50m (£3.87m) during the first ...
    04/23/2024 - 1:00 pm | View Link
  • Big Take: Gucci Owner Kering Faces Tough Turnaround
    On today’s Big Take podcast, Angelina Rascouet and Sara Forden talk about what went wrong at the house of Gucci, and how its billionaire owner family, the Pinaults, plan to rescue it.
    04/23/2024 - 1:00 pm | View Link
  • Gucci Owner Kering Expects Sharp Drop in Operating Profit After China Weighs on Sales
    Kering expects sharply lower operating profit in the first half after sales slumped in the first three months as the company grapples with sluggish demand, particularly in China. The French luxury ...
    04/23/2024 - 7:05 am | View Link
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