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Articles about Legal
Dolce and Gabbana found guilty of tax evasion and sentenced to jail Wednesday, 19th June 2013
Photo credit: Dolce & Gabbana
The controversial tax avoidance case surrounding Italian fashion designers Domenico Dolce and Stefano Gabbana came to a head today, with the pair sentenced to one year and eight months in prison. Despite denying the charges, the pair have been found guilty by an Italian court for hiding hundreds of millions of euros from the tax authorities.
Posted in fashion, Fashion News, Legal, People Tagged Stefano Gabbana, Domenico Dolce, Dolce & Gabbana, Gado, tax avoidance
Hermès are set to sue LVMH for stealthy stake acquisition Wednesday, 19th June 2013
Photo credit: Hermès
Hermès International SCA have confirmed that they will sue rival luxury group Louis Vuitton Moët Hennessy (LVMH) in a bid to annul the equity shares LVMH have acquired. According to French daily Les Echos, Hermès are arguing that LVMH intentionally bought equity swaps in a bid to acquire shares in the handbag specialists.
Posted in fashion, Fashion News, Legal, Luxury Goods, Retail Industry Tagged LVMH, Hermes, AMF, Les Echos, equity swaps, shares, stake, luxury, fashion, retail
Just two out of 25 well-known store groups awarded "Fair Tax Mark" Thursday, 13th June 2013
The tax scandal engulfing many of the UK’s retailers rumbles on today, with just two of 25 well-known store groups awarded a “Fair Tax Mark” in a report published Thursday by the Fair Tax Campaign. Tax campaigners have criticised several UK companies in the past few weeks over the way they structure their tax affairs, provoking consumer anger and demand for political action.
Posted in Legal, Retail Industry Tagged tax avoidance, Fair Tax Campaign, Fair Tax Mark, Tax Research UK, Tax Justice Network, Public and Commercial Services union, HM Revenue and Customs, lead researcher, Meesha Nehru, British Retail Consortium, BRC, Greggs, Majestic Wine, Tesco, Sainsbury's, corporation tax, tax haven, retail
Dolce & Gabbana lawyer pleads for full acquittal Wednesday, 12th June 2013
Domenico Dolce and Stefano Gabbana’s lawyer has asked Judge Antonella Brambilla to rule for full acquittal and to dismiss the charges on the basis that there is no case to proceed, according to WWD.
Posted in fashion, Fashion News, Legal, People Tagged Domenico Dolce, Stefano Gabbana, fashion, fashion news, D&G, Dolce & Gabbana, Gado Srl, legal
Verdict on LVMH and Hermès dispute to be reached by the end of June Monday, 10th June 2013
Photo credit: Hermès
A bitter dispute between two luxury goods retailers will come to a head in the next few weeks as French authorities will rule whether or not Louis Vuitton Moët Hennessy (LVMH) illegally acquired shares in rivals Hermès. A fine in the region of USD 10 million faces LVMH if they are found guilty of obtaining shares using cash-settlement equity swaps and subsidiaries.
Posted in Fashion News, Legal, Luxury Goods, Retail Industry Tagged LVMH, Hermes, Pierre Gode, vice president, chief executive, Patrick Thomas, luxury, handbags, retail, Moet Chandon, Givenchy, Marc Jacobs, Celine, Guerlain, Bernard Arnault
Apple to face trial over e-book price-fixing Monday, 3rd June 2013
Photo credit: Apple
Apple Inc are due in court Monday over allegations that it conspired with publishers to bring the price of e-books up. Apple, along with five of the six biggest book publishers in the U.S., had a lawsuit filed against them in April 2012 by the Justice Department which tests the questionable relationship between internet retailers and content providers.
Posted in Books and Magazines, Consumers, E-Commerce, Electricals, Legal, Online retail, Technology Tagged Apple, CEO, Tim Cook, U.S. District Judge, Denise Cote, Amazon, Kindle, iPad, e-books, online retail
Owner of Asda, Walmart was found guilty and fined $110m Wednesday, 29th May 2013
Wal-Mart pled guilty to criminal charges for dumping hazardous chemicals.
Posted in Food, Legal, Online retail, Retail Industry, Supermarket News, Supermarkets Tagged Asda, Walmart
Rihanna sues Topshop for $5m Friday, 17th May 2013
The pop star is suing Topshop for USD 5 million after T-shirts bearing her image were sold without her prior consent.
Posted in fashion, Fashion News, Legal Tagged Armani, Topshop, River Island, Rihanna, fashion, people
Aegon UK reports fall in profits Thursday, 9th May 2013
The life and pensions firm Aegon UK has faced a fall in sales its first quarter of the year.
Posted in Legal Tagged finance, pensions, sales, life insurance, insurance
RILA to reject $7.2 billion settlement in Mastercard and Visa legal case Thursday, 11th April 2013
It is reported that Retail Industry Leaders Association (RILA) has announced its intention to reject a 7.2 billion USD settlement with two major credit card brands. The settlement in question was proposed last year as an attempt to end a lawsuit filed eight years ago. The suit alleges that Visa and Mastercard artificially raised the interchange fees used to process transactions.
Posted in Legal, Retail Industry Tagged retail, news, legal, retail industry leaders association, rila, mastercard, visa, credit cards, lawsuit, wal-mart, home depot, target
