EU fines Gucci, Chloé and Loewe €157mn for price fixing
Brussels penalises luxury brands for controlling resale prices at independent retailers
Brussels penalises luxury brands for controlling resale prices at independent retailers

Deal includes rights to develop products under Gucci, Bottega Veneta and Balenciaga labels

Sales at luxury group’s biggest brand Gucci have fallen sharply in an industry-wide downturn

Luca de Meo says agreement with L’Oréal will be first of several big moves to refocus luxury group on Gucci turnaround

Gucci owner reports better than expected 5% drop in third quarter sales in first set of results under new CEO

Regulators say Chinese online marketplace has failed to enforce penalty policy on traders that post illegal content

Luxury brand’s CEO insists its Russia operations are within EU rules after hedge fund’s allegations rattle investors