Investigations into bankrupt fashion group FNG are now also leading to the Netherlands: over the years, the retailer has channelled 110 million euros to a dubious fund, without any explanation.
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Another turbulent week has delivered two more episodes to the saga about Belgian fashion retailer FNG. As an examining magistrate started a legal investigation, a former 'sibling' announced it wants to buy the Brantano chain.
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The Brussels Financial Services and Markets Authority FSMA expands its research into fashion group FNG and hands over the files to the court. There would be indications of possible market manipulation.
It seems that the current scandal at Belgian fashion retailer FNG has been deeply rooted into its past. Is finding out who benefited the key to the secret? And what else will be uncovered?
The European competition watchdog has confirmed it has opened an investigation into food producer Mondelez' alleged price fixing and illegal blocking of cross-border sales.
A fraud that has come to light in an EssilorLuxottica factory in Thailand, could cost the French-Italian eyewear group nearly 200 million euros.