Gucci Confirms Tax Evasion Probe in Italy Headquarters

Gucci has confirmed that it is undergoing investigation over suspected tax evasion in Italy. Following a report by Italian newspaper La Stampa, Gucci confirmed that last week the police raided the company’s offices in Milan and Florence for evidence of income under-reporting. The Milan public prosecutors suspected the fashion house of declaring several years’ worth […]

Luxury Brands Hunt for Space in Collins Street, Melbourne as Gucci Expands

Luxury brands Yves Saint Laurent, Valentino and Fendi are hunting for retail space on Collins Street, Melbourne after Gucci expanded its shop space by more than three times at 161 Collins Street. Financial Review’s Larry Schlesinger reported that the Italian brand has signed a new lease at the T&G building and is planning a multimillion-dollar […]