Friday, 8 January 2016

Scoop: NYFW: Men’s is Back, and Karl Lagerfeld Accused of Tax Evasion

usher-pyer-moss-they-have-names-tee
  • Following its successful debut last summer, NYFW: Men’s is back featuring 60 menswear designers starting February 1. Some of my favorite designers will be presenting collections at Skylight Clarkson North and other locations around the city over the four-day period, including Pyer Moss, known for his politically relevant tees and luxury sportswear. (Complex)
Karl Lagerfeld
  • Karl Lagerfeld is the center of yet another story of a fashion designer facing accusations of tax evasion. Creative directors of Dolce & Gabbana faced a lengthy battle with tax authorities in Italy in 2014 and were ultimately cleared. Lagerfeld has been under investigation by French tax authorities for allegedly evading more than $20MM in taxes by setting up varying companies to funnel funds to tax-favorable countries including Ireland and the British Virgin Islands. We’ll be watching for the outcome of these investigations. (Forbes)
What are your thoughts on today’s news?

No comments:

Post a Comment