19 months jail time for Dolce and Gabbana | RetailDetail

19 months jail time for Dolce and Gabbana

19 months jail time for Dolce and Gabbana

Italian fashion designers Domenico Dolce and Stefano Gabbana have been convicted to 19 months in jail for fiscal fraud. The designers will undoubtedly appeal, so they will not have to go to jail just yet.

2.5 years demanded

All in all the mythical fashion duo gets off quite well, as the prosecutor had demanded 2.5 years. Five other employees of the fashion label have been convicted to jail time.

 

According to the judge in Italy the designers sold their brand to a company in Luxembourg in 2004 they had founded themselves. This way they could benefit from the better tax system in Luxembourg, causing the Italian treasury to lose out hundreds of millions or maybe even a billion euro. The two designers, who were not present at the trail, have always denied these accusations.

 

The company Dolce & Gabbana was founded in 1985 and has more than 3,000 employees and is sold in 250 shops in over 40 countries. The fashion label, which had sales of about one billion euro in 2011/2012 and has celebrities such as Madonna and Beyoncé among its fans, earlier received a fine of 343.4 million euro, also for tax evasion.

Questions or comments? Please feel free to contact the editors


Ahold Delhaize launches digital lab in the United States

22/05/2018

Ahold Delhaize’s American division will found a new company focused on digital innovation: Peapod Digital Labs will become a lab for new digital, eCommerce and personalization strategies. 

Carrefour forced to shut down hundreds of Dia stores

22/05/2018

Carrefour has not found a buyer for hundreds of its former Dia stores in France yet. That may force nearly 230 stores to shut down.

Carrefour and Tencent launch high-tech store in Shanghai

22/05/2018

The recently launched ‘Le Marché’ store formula, a first collaboration between Carrefour and Tencent, allows customers to pay with face recognition at unmanned checkouts.

Hoegaarden moves part of production to Vietnam and China

18/05/2018

Hoegaarden experiences strong growth in Asia, but is losing ground in Europe. That is why AB InBev will move part of the production to China and Vietnam: the brewery in Hoegaarden will lower cut its production days by 2 a week.

Holland & Barrett wants vegan stores

17/05/2018

British health chain Holland & Barrett (previously known in the Benelux as Essenza) plans to open completely vegan stores, a trend the chain needs to follow according to CEO Peter Aldis.

Nestlé on a diet: cuts back sugar, fat and salt levels

17/05/2018

Nestlé wants to lower its sugar, salt and fat levels to play into the global demand for healthier food.