Dujibana D&G Tax Evasion Case Was Heard In The Supreme Court Of Italy

Designer DomenicoDolce and StefanoGabbana The tax evasion case was heard in the Supreme Court of Italy in Rome recently. A total of 5 judges tried the case. AlfredoTeresi led the case. The defendants, including StefanoGabbana, Alfonso, Domenico Dolce, Cristiana Ruella, Giuseppe Minoni, LucianoPatelli, were not promising, and were appealed by the representative lawyer Massimo Dinoia.

This Hear The purpose is to decide whether there is any omission in the court's trial before deciding on the outcome. According to the previous court of appeal trial, Dolce's brother Alsonso, Dolce&Gabbana brand director CristianaRuella and chief financial officer GiuseppeMinoni were betrayed for 1 years and 2 months.

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The traditional luxury brand Gucci Gucci business showed no signs of improvement. Sales fell by 1.6% in the three quarter of September 30, 2014, down from 864 million 800 thousand euros in the same period last year to 851 million euros, a decrease of 1.9% over the base, far lower than the 0.6% decline expected by analysts, and a decrease of 5 consecutive quarters.

In the three quarter of fiscal year 2014, Kering SA opened 2 billion 606 million euros, an increase of 3.3% from 2 billion 523 million over the same period last year, a 4.4% increase over the previous year.

Since the change of Chinese leadership in September 2012, the new Chinese government's anti-corruption measures, its tolerance to economic slowdown and the Hongkong issue have made the most important luxury market in China become the "unbearable pain" of luxury goods groups. Two years ago, the confidence in the Chinese market will soon recover, and the traditional luxury goods groups including LVMH, Prada, Richemont and so on are all disappointed with the Chinese market at the same time.

Kering SA Jean-Marc Duplaix, chief financial officer of Kai Yun group, said Gucci Gucci brand had recovered after the two quarter. However, Hongkong accounted for some of the impact on the brand, while the Singapore market deteriorated with the decrease of Chinese tourists. Gucci Gucci brand declined 2.4% in the two quarter, and he refused to give any timetable when Gucci Gucci brand could regain its growth.

By region, the Gucci Gucci brand declined three in the Asia Pacific region in the 4% quarter of the year, and the Western European market dropped by 1%. The US and Japanese markets rose by 8% and 4% respectively. By the low yen and the Ukraine crisis and sanctions against Russia, the Western European tourist consumption of Russian tourists and Russian tourists decreased.