Tax

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Kering’s €1.4 Billion Tax Bill, Explained

12 February 2019 • By Sarah Kent

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BoF Professional Exclusive

Kering’s €1.4 Billion Tax Bill, Explained

The French luxury giant is facing a possible €1.4 billion tax bill in Italy after accounting practices linked to a Swiss subsidiary attracted scrutiny.

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News & Analysis

Kering Faces €1.4 Billion Italian Tax Claim

25 January 2019 • By Reuters

25 January 2019 • By Reuters

Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.

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News & Analysis

Kering Faces €1.4 Billion Italian Tax Claim

Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.

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News & Analysis

Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown

10 January 2019 • By Bloomberg

10 January 2019 • By Bloomberg

The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.

News & Analysis

Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown

The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.

News & Analysis

N Brown Sees Higher Tax on Marketing Costs

13 November 2018 • By Reuters

13 November 2018 • By Reuters

The plus sized fashion retailer said tax on marketing costs would rise between £6 million and £9 million annually as a result of a long-running dispute with the British government over tax recovery.

News & Analysis

N Brown Sees Higher Tax on Marketing Costs

The plus sized fashion retailer said tax on marketing costs would rise between £6 million and £9 million annually as a result of a long-running dispute with the British government over tax recovery.

News & Analysis

Walmart Asks Beauty Suppliers to Look Beyond China for Sourcing

17 August 2018 • By Bloomberg

17 August 2018 • By Bloomberg

To get ahead of tariffs, the supermarket chain asked suppliers if they have facilities outside of China, and if not, whether they would consider investing in some to broaden their sourcing ability.

News & Analysis

Walmart Asks Beauty Suppliers to Look Beyond China for Sourcing

To get ahead of tariffs, the supermarket chain asked suppliers if they have facilities outside of China, and if not, whether they would consider investing in some to broaden their sourcing ability.

News & Analysis

Handbags, Apparel Hit as Trump Tariffs Target Consumers

11 July 2018 • By Bloomberg

11 July 2018 • By Bloomberg

The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.

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News & Analysis

Handbags, Apparel Hit as Trump Tariffs Target Consumers

The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.

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News & Analysis

Trump Spares Made-in-USA Apparel as Most Machinery Tariff-Free

15 June 2018 • By Bloomberg

15 June 2018 • By Bloomberg

The exclusion of most apparel equipment from the new tariffs has allayed fears that manufacturers would push higher costs on to consumers, but the prospect of retaliation from China is a worrying threat.

News & Analysis

Trump Spares Made-in-USA Apparel as Most Machinery Tariff-Free

The exclusion of most apparel equipment from the new tariffs has allayed fears that manufacturers would push higher costs on to consumers, but the prospect of retaliation from China is a worrying threat.

Social Goods | Fashion Among Worst Pay Gap Offenders, US Tariffs on Developing Countries

11 April 2018 • By Victoria Berezhna

11 April 2018 • By Victoria Berezhna

This week, companies like Condé Nast and Victoria's Secret have the biggest gender pay gaps in the UK, while the US imposes its highest tariffs on poor countries.

Social Goods | Fashion Among Worst Pay Gap Offenders, US Tariffs on Developing Countries

This week, companies like Condé Nast and Victoria's Secret have the biggest gender pay gaps in the UK, while the US imposes its highest tariffs on poor countries.

BoF Professional Exclusive

What Trump’s Trade War Means for Fashion

27 March 2018 • By Victoria Berezhna

BoF Professional Exclusive

What Trump’s Trade War Means for Fashion

As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.

News & Analysis

Kering Refutes Tax Evasion Claims

16 March 2018 • By Reuters

16 March 2018 • By Reuters

The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.

News & Analysis

Kering Refutes Tax Evasion Claims

The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.