Cucinelli under fire for allegedly violating Moscow sanctions; the house reaffirms compliance with EU rules
Brunello Cucinelli is under fire, accused of circumventing EU sanctions against Russia, which prohibit the sale of goods valued over 300 euros. The company is also accused of “weakening the brand's exclusive positioning” through a policy of “aggressive discounts” to conceal the need to clear “inflated” inventory. According to the Ansa news...
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