MILAN — Italy’s Tax Commission has fined Dolce & Gabbana 343.4 million euros, or $440.2 million at current exchange, plus interest.
The decision confirms a first degree sentence in November 2011 and denies an appeal by Domenico Dolce and Stefano Gabbana. The designers may still avoid the fine, if they decide to appeal and wait for a third degree sentence. The fine by the Tax Commission is separate from the ongoing trial in a Milan courtroom, but both stem from the same accusations put forward by Italy’s Internal Revenue Agency. Dolce and Gabbana, who are accused of omitted and unfaithful earnings declarations, have always denied the charges.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)