MILAN — More details are coming to light in the alleged tax evasion case involving luxury fashion house Gucci, which is under investigation by the Guardia di Finanza, the national police force specializing in financial crimes.On Tuesday, Italian newspaper La Stampa reported that Gucci would have been accused by Milan-based prosecutor Stefano Civardi of defrauding the country’s tax authorities of 1.3 billion euros in unpaid taxes starting from 2010.In particular, the money in question would involve revenues from activities that were registered in Lugano, Switzerland, but which would have been linked to the work of managers formally based in Lugano, where companies tend to be subjected to a more favorable tax regimen than in Italy, but actually working in Milan.According to La Stampa, both Gucci chief executive officer Marco Bizzarri and his predecessor Patrizio Di Marco would be under investigation.The Italian newspaper also alleged that a former manager of Gucci’s parent company Kering, lawyer Carmine Rotondaro, is accusing Gucci and collaborating with the prosecutor.According to La Stampa, Rotondaro in the past was in the role of fiscal adviser and responsible for the retail real estate business of the French luxury conglomerate.In 2016, Rotondaro was accused of tax evasion by the Italian tax police and, as part of an investigation conducted by prosecutor Civardi, last January Milan’s Guardia di Finanza seized 13 properties owned by Rotondaro for a sum of seven million euros.At the same time, Rotondaro is at the center of another investigation conducted by Florence’s prosecutor on several of Kering’s real estate operations linked to the development of luxury outlets in Sanremo and Reggello, respectively in the Liguria and Tuscany regions.As part of the Milanese investigation, Kering accused Rotondaro to have cashed in money destined to the real estate investments and to have also collected money through foreign entities, which were not openly connected to its former manager.Reached by phone on Tuesday, a Gucci spokesperson said that the company confirms what it expressed on Saturday with a statement that the fashion house “is providing its full cooperation to the respective authorities and is confident about the correctness and transparency of its operations.”Kering declined to comment on the news report and prosecutor Civardi was not reachable for comments.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.