Advertisement
UK markets close in 8 hours 24 minutes
  • FTSE 100

    8,023.87
    0.00 (0.00%)
     
  • FTSE 250

    19,599.39
    0.00 (0.00%)
     
  • AIM

    749.18
    0.00 (0.00%)
     
  • GBP/EUR

    1.1585
    -0.0004 (-0.03%)
     
  • GBP/USD

    1.2340
    -0.0010 (-0.08%)
     
  • Bitcoin GBP

    53,828.77
    +68.94 (+0.13%)
     
  • CMC Crypto 200

    1,401.31
    -13.45 (-0.95%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     
  • GOLD FUTURES

    2,317.70
    -28.70 (-1.22%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,788.04
    +276.35 (+1.67%)
     
  • DAX

    17,860.80
    +123.44 (+0.70%)
     
  • CAC 40

    8,040.36
    +17.95 (+0.22%)
     

Luxury goods group Kering says it will co-operate on tax probe, denies any wrongdoing

FILE PHOTO: The logo of Kering is seen during the company's 2015 annual results presentation in Paris

PARIS (Reuters) - Kering, the French luxury goods group whose brands include Gucci and Saint Laurent, said on Thursday that it would co-operate fully on a tax probe into the company, while rejecting any charges of wrongdoing.

Kering confirmed that the office of France's national financial prosecutor had opened a preliminary inquiry into the company in February 2019, which the firm said was related to tax matters.

"The group intends to fully cooperate with the inquiry, in complete transparency and serenity. Kering will continue to communicate diligently and openly about tax litigation," Kering said in a statement.

(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)