Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • 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
  • Access Denied World
  • Trump revives election fraud claims ahead of U.S. midterms
    Trump revives election fraud claims ahead of U.S. midterms World
  • Duleep Trophy | North to take on South in semis after drab draw against East
    Duleep Trophy | North to take on South in semis after drab draw against East Sports
  • IND vs SA 5th T20I: Tilak, Hardik, Varun star as India wraps up series
    IND vs SA 5th T20I: Tilak, Hardik, Varun star as India wraps up series Sports
  • The eyes and ears of Pragyan that help rover find its way on moon
    The eyes and ears of Pragyan that help rover find its way on moon Science
  • Yunus consults political parties on India-Bangladesh relation, excludes Awami League and allies
    Yunus consults political parties on India-Bangladesh relation, excludes Awami League and allies World
  • Access Denied
    Access Denied Nation
  • IMF chief warns global monetary system not ready for AI cyber threats
    IMF chief warns global monetary system not ready for AI cyber threats Science
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

  • Federalism in Nepal: Contested past, controversial present, and challenged future
    Federalism in Nepal: Contested past, controversial present, and challenged future World
  • All About Adam Boehler, Trump’s Pick For US Hostage Affairs Envoy
    All About Adam Boehler, Trump’s Pick For US Hostage Affairs Envoy World
  • Watch: Is the Israel–U.S. alliance straining over Iran?
    Watch: Is the Israel–U.S. alliance straining over Iran? World
  • Ex Spy Handler Of Hamas Co-Founder’s Son
    Ex Spy Handler Of Hamas Co-Founder’s Son World
  • Helsinki Airport resumes flights after drone alert pause
    Helsinki Airport resumes flights after drone alert pause World
  • Serbia’s populist President Vucic resigns to run for Prime Minister at early vote
    Serbia’s populist President Vucic resigns to run for Prime Minister at early vote World

More Related Articles

Donald Trump Names Ex-Democrat Tulsi Gabbard As Director of National Intelligence Donald Trump Names Ex-Democrat Tulsi Gabbard As Director of National Intelligence World
Macron, Merz, Tusk to visit Moldova to back its ‘security, sovereignty’ Macron, Merz, Tusk to visit Moldova to back its ‘security, sovereignty’ World
world welcomes 2025 with fireworks and light show world welcomes 2025 with fireworks and light show World
Emmanuel Macron Asks French Lawmakers Not To Topple Government Emmanuel Macron Asks French Lawmakers Not To Topple Government World
Ukraine peace summit ends with hope Ukraine peace summit ends with hope World
37,000 Alien Species Catalogued, Cost Humans 3 Billion Per Year: Report 37,000 Alien Species Catalogued, Cost Humans $423 Billion Per Year: Report World
SiteLock

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • 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

  • Why CJI Surya Kant said ‘no’ to Rahul Gandhi’s request to meet | Explained
  • September WPI Inflation rises to 11.39% as food, fuel and manufactured goods prices increase
  • Frankfurt-Delhi Air India flight diverted to Jaipur following bomb threat
  • U.S. judge backs CNN, MS Now, Politico access to White House
  • India urges UN human rights mechanisms to avoid politicisation, selectivity

Recent Comments

  1. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Manuelret on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. BrentWes on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Access Denied Business
  • ‘Is It Because Babar Azam…’: Ahmed Shehzad Blasts PCB Over Pakistan Star’s Exclusion From England Test
    ‘Is It Because Babar Azam…’: Ahmed Shehzad Blasts PCB Over Pakistan Star’s Exclusion From England Test Sports
  • India Captain Rohit Sharma Avoids Fans, Runs Away From Them In Mumbai Indians Training Ground. Video
    India Captain Rohit Sharma Avoids Fans, Runs Away From Them In Mumbai Indians Training Ground. Video Sports
  • Coordinated attacks rekindle Thailand’s southern insurgency
    Coordinated attacks rekindle Thailand’s southern insurgency World
  • Access Denied
    Access Denied Nation
  • State Cabinet approves ₹12,150 crore Greater Bengaluru Integrated Township project in Ramanagara
    State Cabinet approves ₹12,150 crore Greater Bengaluru Integrated Township project in Ramanagara Nation
  • Unlisted loss making firms make presentation before Tata Sons board
    Unlisted loss making firms make presentation before Tata Sons board Business
  • Trump takes suit against Hillary Clinton over 2016 election to Supreme Court
    Trump takes suit against Hillary Clinton over 2016 election to Supreme Court World

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

Associate Journalists
1. Subrata Paul - AN/2020/01
2. Quamruz Zaman - AN/2021/22
3. Ahmed Sha - AN/2021/035
4. Ajay Kumar Shaw - AN/2021/39
5. Tahqiqul Hoda - AN/2021/21

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.