As Sandy swept in and all headlines turned to evacuation warnings and flood imagery, other world news was bumped down the broadsheet and set to small type. (Remember there’s this election? And what’s the situation in Benghazi again?)
The business of fashion stops for no hurricane. Even if you didn’t hear it, drowned out by Sandy’s media blustering, big international fashion news was reported. Here are three stories you may have missed while your power was out:
Dolce & Gabbana Don’t Pay Their Taxes, Might Set Off a Trend in Prison Jumpsuits
A date has been set for Domenico Dolce and Stefano Gabbana’s trial over tax evasion allegations. The suit was filed years ago but the date is only now confirmed. On December 3, the design team will face an Italian court over the claim that they evaded €416 million of tax in relation to the sale of the Dolce & Gabbana and D&G brands to the designers’ Luxembourg-based holding company Gado Srl.
According to The Telegraph, “If convicted, the designers and their co-accused business associates could face up to three years in prison, or a fine of up to €1 million.”
Your Maison Martin Margiela for H&M Bodysuit May Have Been Made By Exploited Cambodian Hands
A Swedish documentary called Kalla Fakta is accusing highstreet mega-success H&M of exploiting its Cambodian factory workers. While H&M is denying the claims, citing standards of the industry as an excuse, the documentary maintains that H&M doesn’t pay their workers enough to live on. Following the news, the Clean Clothes Campaign, an alliance of labour unions and non-governmental organisations, is calling for a more active response.
Antoine Arnault is Wise to Daddy Bernard’s Business
Writing for The Observer, journalist Alice Fisher profiles Antoine Arnault, son and footstep follower of Bernard Arnault, a.k.a. the fourth richest person in the world, leader of the Groupe Arnault, the majority shareholder of luxury conglomerate LVMH. Fisher’s piece offers a fascination peek at the often elusive luxury business and what can come out of the mouth of someone born with a branded silver spoon, like:
“I’m sorry, but designers are not artists. They may have the talent of one, but if they want to work in that way they should paint or sculpt. Here they’re working in business and they need a brief. That’s what my father does so well. I’ve witnessed him do it countless times and I’m really inspired by that. You know, towards the end, my father just couldn’t talk to John Galliano at all, it was impossible – he wouldn’t listen to anything. At that point, it crashes.”