By  on June 1, 2010

PARIS — Prestige fragrance and cosmetics brands, including Chanel, Christian Dior, Clarins and some L’Oréal-owned brands, could be fined by Switzerland’s competition commission, which said it has found indication of price fixing.

Fines for violation of cartel rules would run from 17,000 Swiss francs to 25.5 million Swiss francs, or $14,718 to $22.1 million at current exchange, stated the commission.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus