France's Minister of the Economy is suing Amazon, alleging the e-tailer abuses its power with vendor contracts.Minister Bruno Le Maire is looking to fine Amazon 10 million euros for investigative findings by France's Directorate General for Competition, Consumer Affairs and Fraud Control that state the e-tailer holds "unilateral" power in its contracts with sellers on its marketplace. Specifically, the DGCCRF said Amazon's contracts allow it to modify conditions and even terminate contracts with sellers with no recourse for the seller.Considering this is prohibited by France's Commercial Code "and the damage caused to the economy," Le Maire filed suit with the Commercial Court of Paris to enforce the fine.As the economic minister, Le Maire has the power to summon companies before the commercial court for sanctions by a judge.The DGCCRF added in a statement that Le Maire's move "illustrates the government's willingness to act as a national and European level to better regulate the activity of large digital platforms and to ensure greater transparency, balance and loyalty in their relations with companies."In revealing the findings from its investigation, which also included web platforms eBay, Fnac.com, Rue du Commerce and Cdiscount, the DGCCRF said these types of digital marketplaces generally work with "small business that need the notoriety of a platform to reach consumers .""There is thus a structural imbalance between different parts and therefore an [imbalance] of power," the DGCCRF said.As for the other marketplaces the regulator looked into, it said they've "come into compliance" during the course of the investigation.An Amazon representative could not be reached immediately for comment.The e-tailer has been coming up against its share of issues in Europe lately. Last week, it agreed to pay 100 million euros to end a probe into its tax payments by Italy.It's also facing allegations by the European Commission that it owes more than 250 million euros in back taxes related to the shifting of European profits to a holding company in Luxembourg, where it was given more favorable tax rates.Amazon has also been facing protests in the U.K. and Germany, with working claiming unsafe conditions and poor pay, which the company has denied. Warehouse workers from New Jersey, joined by unions and community groups, also protested working conditions last week in New York.For More, See:FCC Defies Public Outcry, Tech Companies in Voting to End Net NeutralityPatagonia Sees Sales Spike After Launching Fight With TrumpGucci Denies Ex-Employee's Allegations of Manager Sexual Harassment
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.
@beyonce chose a custom gown by @falgunishanepeacockindia for mother @mstinalawson 's second annual Wearable Art Gala last night. The gown, which took 10 days to make, was inspired by Nubian warrior queen Amanishakheto. Reporting by @hernameislex . #wwdeye 👑 🐝#beyonce
After dressing @justintimberlake for his Super Bowl halftime performance last month, @stellamccartney has designed the star’s "Man of the Woods" tour wardrobe. Timberlake will be wearing a mix of pieces from McCartney’s fall men's collection as well as custom designs and items from his own closet. #wwdfashion