Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • “Needed Just One Boundary”: Mumbai Indians Skipper Harmanpreet Kaur After WPL 2024 Elimination
    “Needed Just One Boundary”: Mumbai Indians Skipper Harmanpreet Kaur After WPL 2024 Elimination Sports
  • Access Denied Sports
  • Former Donald Trump Aide Steve Bannon Begins 4-Month Sentence
    Former Donald Trump Aide Steve Bannon Begins 4-Month Sentence World
  • IPL Retention Live: Pant To Part Ways With DC, CSK To Release Jadeja. Report
    IPL Retention Live: Pant To Part Ways With DC, CSK To Release Jadeja. Report Sports
  • Russia Says No Issues With Oil Payment From India
    Russia Says No Issues With Oil Payment From India Nation
  • With CRISPR poised to revolutionise therapy, a pause to consider ethical issues
    With CRISPR poised to revolutionise therapy, a pause to consider ethical issues Science
  • Poverty Ammo For Madhya Pradesh Illegal Arms Belt
    Poverty Ammo For Madhya Pradesh Illegal Arms Belt Nation
  • DIPAM issues revised capital restructuring norms for CPSEs
    DIPAM issues revised capital restructuring norms for CPSEs Business
European Commission fines Gucci, Chloé and Loewe 3 million for price interference

European Commission fines Gucci, Chloé and Loewe $183 million for price interference

Posted on October 15, 2025 By admin


The entrance of Gucci’s flagship store is in downtown Frankfurt, Germany.
| Photo Credit: Reuters

The European Commission has fined luxury fashion houses Gucci, Chloé and Loewe over 157 million euros (nearly $183 million) for anti-competitive practices restricting independent retailers’ ability to set prices for their luxury goods.

The Commission said the companies’ fixing of resale prices breached the bloc’s competition rules, harmed consumers and would not be accepted.

“The decision sends a strong signal to the fashion industry and beyond that we will not tolerate this kind of practice in Europe, and that fair competition and consumer protection apply to everyone, equally,” Commission Vice President Teresa Ribera said in a statement on Tuesday (October 14, 2025).

The Commission said that the three brands restricted the ability of independent retailers to set their own prices for high-end apparel, leather goods, footwear and accessories sold both online and in physical stores.

The brands required the retailers to stick to recommended retail prices, set maximum discount rates as well as periods for sales, mirroring practices in the brands’ own direct sales channels.

The practices “deprived the retailers of their pricing independence and reduced competition between them,” the Commission said.

Gucci and Loewe had their fines reduced by half due to cooperation, with Gucci revealing additional breaches. Gucci’s fine totals nearly 120 million euros, while Loewe’s was 18 million euros. Chloé’s fine was reduced by 15% to nearly 20 million euros.

Published – October 15, 2025 05:53 pm IST



Source link

World Tags:European Commission fines Chloé, European Commission fines gucci, European Commission fines Loewe

Post navigation

Previous Post: Access Denied
Next Post: Access Denied

Related Posts

  • UN Agency Chief Stopped From Entering Gaza Again
    UN Agency Chief Stopped From Entering Gaza Again World
  • Chile military coup: The other 9/11 of America
    Chile military coup: The other 9/11 of America World
  • Access Denied World
  • 20 killed in bus accident in northwest Pakistan
    20 killed in bus accident in northwest Pakistan World
  • Iran’s foreign minister meets the Taliban in first Kabul visit in 8 years
    Iran’s foreign minister meets the Taliban in first Kabul visit in 8 years World
  • US Doctor To Face March Trial In Matthew Perry Death
    US Doctor To Face March Trial In Matthew Perry Death World

More Related Articles

Even with Lebanon truce deal, Israel will operate against Hezbollah: Israel PM Netanyahu Even with Lebanon truce deal, Israel will operate against Hezbollah: Israel PM Netanyahu World
Chinese marine research ship back in Maldives waters: report Chinese marine research ship back in Maldives waters: report World
OpenAI Finalizes ‘o3 mini’ Reasoning AI Model Version, To Launch It Soon OpenAI Finalizes ‘o3 mini’ Reasoning AI Model Version, To Launch It Soon World
Russia Says Attack Foiled In South Of Country Russia Says Attack Foiled In South Of Country World
Israel pounds Gaza after Biden outlines ceasefire plan Israel pounds Gaza after Biden outlines ceasefire plan World
Bhutan, China want deal on boundaries ‘soon’ Bhutan, China want deal on boundaries ‘soon’ World
SiteLock

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Access Denied
  • Access Denied
  • Access Denied
  • Pakistan ready for talks with Afghanistan, but only on ‘legitimate’ and ‘respectful conditions’: PM Sharif
  • Rupee rises 21 paise to 87.75 against U.S. dollar in early trade

Recent Comments

  1. dfb{{98991*97996}}xca on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. "dfbzzzzzzzzbbbccccdddeeexca".replace("z","o") on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. 1}}"}}'}}1%>"%>'%> on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. bfg6520<s1﹥s2ʺs3ʹhjl6520 on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. pHqghUme9356321 on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Marco Jansen Destroys Australian Top Order To Clinch Series For South Africa
    Marco Jansen Destroys Australian Top Order To Clinch Series For South Africa Sports
  • Can India escape middle-income trap?
    Can India escape middle-income trap? Business
  • Rains In Delhi After Highest Temperature 52.3 Degrees People Share Memes On X
    Rains In Delhi After Highest Temperature 52.3 Degrees People Share Memes On X Nation
  • Tabla Maestro Zakir Hussain Admitted To ICU Of US Hospital Over Heart Related Issues
    Tabla Maestro Zakir Hussain Admitted To ICU Of US Hospital Over Heart Related Issues Nation
  • England vs South Africa Live Score Updates, World Cup 2023
    England vs South Africa Live Score Updates, World Cup 2023 Sports
  • Nuclear study provides major update on plutonium isotope fission
    Nuclear study provides major update on plutonium isotope fission Science
  • Kozhikode Corporation’s Samanvaya project to be launched on January 15
    Kozhikode Corporation’s Samanvaya project to be launched on January 15 Nation
  • Elvish Yadav: How Elvish Yadav Got Venom To Parties: How Elvish Yadav Got Venom To Parties: Shocking Allegations In Chargesheet
    Elvish Yadav: How Elvish Yadav Got Venom To Parties: How Elvish Yadav Got Venom To Parties: Shocking Allegations In Chargesheet Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.