Gucci Owner Owes $1.6 Billion Taxes, Italy Audit Finds
A customer prepares to pay for an order with cash on the first day of retail recreational marijuana sales at the Cultivate Holdings dispensary in Leicester, Massachusetts, U.S. (Photographer: Scott Eisen/Bloomberg)

Gucci Owner Owes $1.6 Billion Taxes, Italy Audit Finds

(Bloomberg) -- Kering SA, the French owner of the Gucci luxury brand, owes about 1.4 billion euros ($1.6 billion) to Italy in back taxes, according to the conclusions of a government audit.
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