Dolce & Gabbana Threaten to Shutter if Guilty Verdit Is Not Overturned
Could this the end of Dolce & Gabbana as we know it?
Former Valentino Chairman Matteo Marzotto is the Latest Italian Tax Evader
Last month, Dolce & Gabbana were sentenced to jail for tax evasion, and now another Italian fashion house has found itself connected to a similar scandal. According to WWD, Matteo Marzotto, former Valentino chairman, along with his sister and several others, have been indicted for evading $75 million in taxes, relating to the 2007 sale of a chunk of the Valentino label to private equity fund Permira.
Domenico Dolce and Stefano Gabbana Sentenced to Jail
Dolce & Gabbana designers Domenico Dolce and Stefano Gabbana have been found guilty of tax evasion and sentenced to prison.
Stefano Gabbana and Domenico Dolce Fined $440 Million for Tax Evasion
Good thing Domenico Dolce and Stefano Gabbana just became billionaires--because the designers may have to fork over a good chunk of their fortune to the Italian government.