MILAN/BRUSSELS: EU antitrust regulators who raided Kering's Gucci and other fashion firms in April are looking into how they set prices of handbags and leather goods for distributors, three people with direct knowledge of the matter told Reuters. Kering confirmed at the time that Gucci was cooperating with
MILAN/BRUSSELS: EU antitrust regulators who raided Kering's Gucci and other fashion firms in April are looking into how they set prices of handbags and leather goods for distributors, three people with direct knowledge of the matter told Reuters.
The European Commission declined to comment on Monday. Kering did not immediately reply to a request for comment. The EU competition watchdog is investigating whether the companies are imposing consumers prices on multi-brand retailers selling their products and threatening not to sell to them if they do not respect these prices, one of the people said.
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