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Gucci Parent Will Cooperate With French Tax Probe

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Following a media report alleging tax-related fraud, luxury titan Kering on Thursday confirmed that French Authorities had opened a probe in February of last year. “Kering had not previously been informed of this inquiry,” the French company said, adding that the preliminary inquiry was opened by France’s Parquet National Financier, the country’s financial public prosecutor’s…

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