MILAN, Italy — An Italian court is expected to rule on Wednesday on whether legendary fashion duo Domenico Dolce and Stefano Gabbana should be sent to prison for allegedly hiding hundreds of millions of euros from the tax authorities.
In a city where big shows can mean just that, BoF examines the rise of London Collections: Men and the business impact on the brands taking part.
MILAN, Italy — Gaetano Ruta, the prosecutor representing the Italian government in tax evasion proceedings concerning Domenico Dolce and Stefano Gabbana, has called for prison sentences of two-and-a-half years each to be awarded to the duo at the designers' sentencing hearing.
MILAN, Italy — Italy's Tax Commission has fined fashion designers Domenico Dolce and Stefano Gabbana 343.4 million euros ($441 million) for tax evasion. The decision confirmed to Reuters by Italy's tax agency on Tuesday relates to payments the agency says should have been made when the designers sold their D&G and Dolce & Gabbana brands to their own Luxembourg-based holding company GADO in 2004.
MILAN, Italy – Fashion designers at Milan fashion week delivered a dark palette and masculine styles for autumn-winter wardrobes in a reflection of Italy's bleak economic and political landscape.
Balenciaga Taps Alexander Wang (IHT) “Alexander Wang on Monday became the first designer of Asian descent to enter the highest ranks of Parisian high fashion when he was named creative director of the storied house of Balenciaga.” Hugo Boss dresses in the fast lane (FT) “In the four years he has been in charge Mr Lahrs has reduced development times for collections, moved from two to four collections per year and
MILAN, Italy — We tipped our friend Sonny Vandevelde to give us a behind-the-scenes look into the collections in Milan for Spring/Summer 2013. Japan was clearly on the mind, with unmistakable silhouettes and motifs from the island nation appearing in strong outings from Prada and Etro. Versace and Dolce & Gabbana made their seasonal statements in a flurry of prints, textures and covetable accessories, all in the spirit of their
Jil Sander Gets Her Groove Back (On the Runway) “‘Don’t ask me why,’’ Jil Sander said with a laugh on Tuesday, when asked why she had decided, at age 68, to leave a comfortable retirement and return to the fashion fray.” Refinery29 Launching R29 Shop (WWD) “Up until now, Refinery29’s business model has relied heavily upon advertising to drive revenue, with approximately 80 percent of it coming from ads
Hermès Family Back in Saddle (WSJ) “The founding family of French luxury-goods maker Hermès International Tuesday named a member of its sixth generation to become chief executive next year, cementing its grip as the threat lingers from larger rival LVMH Moët Hennessy Louis Vuitton.” Neiman Marcus 3Q profit rises 35 pct (Businessweek) “Upscale retailer Neiman Marcus Inc. said Tuesday its fiscal third-quarter profit
The gilded world of Dolce and Gabbana (Telegraph) “The idea that Dolce & Gabbana, both the company and its clothes, are the ‘child’ of the two men who created it recurs repeatedly… By 2002 the company/child they could have ‘killed’ in the fallout had already grown into one of Italian fashion’s most momentous commercial juggernauts.” Luxury goods: style rises in the east (FT)
We Are All Guilty for This Mess (IHT) “The current state of fashion, with designers enticed to houses where they may be rejected, removed and re-embraced, leaves a queasy feeling. The drama that started almost exactly a year ago with the breakdown and departure of John Galliano from Dior has spread across the fashion universe.” Yves Saint Laurent creative head Pilati leaves (Reuters) “French fashion brand Yves
How Escada Clawed Its Way Back From Bankruptcy (Die Welt) “With Berlin Fashion Week — the first big fashion event of 2012 — just a week away, excitement is mounting in the world of clothing design. The energy is particularly high at Escada, as the Munich-based brand’s new sports line will open the catwalk show in the German capital… But after being written off as dead, the global brand is decidedly back in
Singapore to the fore (FT) “‘Until two to three years ago, not much had happened in Singapore’s [fashion and retail] scene,’ says Jean-Baptiste Debains, Asia-Pacific president of Louis Vuitton… But now Singapore, once regarded as Asian fashion’s frumpy step-sister, a place where steamy weather and limited retail options bred a populace most comfortable in beachwear, has seen an unprecedented flurry of