The European Union has fined Gucci, Chloé, and Loewe a total of €157 million for obstructing competition. The brands are accused of interfering with the price policies of retailers, and regulatory pressures in the sector are increasing. The European Union’s competition authority has fined the brands Gucci, Chloé, and Loewe a total of €157 million … Continue reading EU Imposes ‘Competition’ Sanction on Gucci, Chloé, and Loewe: Total Fine is €294 Million