Italy launches probe into Gucci for alleged tax evasion

Milan

GUCCI, Italy's greatest fashion success story and a brand whose renaissance has become a model the whole industry wants to emulate, is being investigated as perhaps among the country's biggest tax evaders.

The Italian tax police searched the Gucci Hub, the 377,000-square-foot campus in Milan that is home to more than 250 employees, last week, as well as Gucci's offices in Florence.