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Italy launches probe into Gucci for alleged tax evasion
Officials are looking at up to 1.3b euros in taxes and why the firm declared its profits in Switzerland
Published Tue, Dec 5, 2017 · 09:50 PM
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.
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