Why Kering Is Under Investigation

Vanity Fair Italia Gets a Makeover [View on Web]( [Add to contacts]( [New reader? Subscribe]( [BoF]( THE DAILY DIGEST ADVERTISEMENT [TOM | DDNL | Feb 11-16 | 2019]( THE UPFRONT [Kering]( is facing a possible €1.4 billion tax bill in Italy after accounting practices at its Swiss operations came under scrutiny. BoF unpacks what went down. At New York Fashion Week, [a trio of designers]( tried to shock the shows out of their winter doldrums, and the role of [backstage beauty]( is changing fast. In other news, [Vanity Fair Italia]( gets a revamp. TODAY'S MUST READ [Intelligence]( [Kering’s €1.4 Billion Tax Bill, Explained]( BY Sarah Kent [The French luxury giant is facing a possible €1.4 billion tax bill in Italy after accounting practices linked to a Swiss subsidiary attracted scrutiny.]( To access this article, become a BoF Professional Member [JOIN]( TOP STORIES [The Business of Beauty]( [At Fashion Week, Reinventing Backstage Beauty]( BY Rachel Strugatz [The beauty industry’s role at fashion week is changing fast, from makeup artists and hair stylists focusing on their own brands to beauty giants unleashing influencer-driven activations that go beyond the runway.]( [Ready-to-Wear - Autumn 2019]( [In New York, Fashion That’s Deeper Than Instagram]( BY Max Berlinger [Colour and maximalism can be scroll-stopping on social media, but precious few designers can marry bright and shiny with emotional depth.]( [Podcasts]( [The BoF Podcast: Christopher Wiley and Arti Zeighami: 'Data Doesn’t Have to Be Evil']( BY BoF Team [The Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and his new role at the fast-fashion giant.]( [NEWS BITES]( [Vanity Fair Italia Editor: 'I Am Not Doing a Magazine, I Am Building a Network']( [Wardrobe NYC's Unusual Proposition: Luxury in Bulk]( [$226 Million Says Zilingo Can Turn Social Media Stars into Fashion Labels]( [China's Holiday Spending Slows Underlining Tough Start to 2019]( [Amazon Has a Big Advertising Business. Walmart Wants One Too]( [NEW YORK FASHION WEEK]( [At the Row, a Surgical Precision]( [The label is an extravagance only a privileged few can enjoy, and yet there is something paradoxically economical about Ashley and Mary Kate Olsen’s approach.]( [Carolina Herrera in the Hothouse]( [Designer Wes Gordon ignored autumnal conventions, showing bright colours and plenty of florals with impressive gusto.]( [Phillip Lim New York Fashion Week RTW FW19_20 - New York City - February 2019]( [Phillip Lim Looks for Stability in a Mad World]( [The designer did away with his signature whimsy and cool girl funk in lieu of something stripped back and sure to have commercial appeal.]( [DAILY DIGEST Fashion News from Around the Web]( 1 [The Plus-Size Era Is Over Before It Began]( [RETAIL DIVE]( 2 [Fashion Brands Must Try Harder to Capture the ‘Muslim Pound’]( [MARKETING WEEK]( 3 [Do You Know What’s in Your Cosmetics?]( [THE NEW YORK TIMES]( 4 [A 1990s Puffer Is Everywhere Again]( [QUARTZY]( 5 [Tibi Founder Amy Smilovic Could Be America’s Most Fascinating Designer]( [REFINERY29]( FROM THE ARCHIVE [Intelligence]( [Tapestry, One Year In]( BY Lauren Sherman [Chief executive Victor Luis talks China, challenges at Stuart Weitzman and high hopes for Kate Spade New York.]( To access this article, become a BoF Professional Member [JOIN]( [BoF CAREERS - FEATURED JOBS]( [Retail Manager]( [Illesteva]( Los Angeles, United States [Developer Footwear]( [On Running]( Zurich, Switzerland [CRM Specialist Japan]( [Valentino]( Tokyo, Japan [Design Associate, 1941 Women's Handbags]( [Coach]( New York, United States [Store Visual Merchandiser Assistant]( [The Webster]( New York, United States [Print Designer]( [Meng]( London, United Kingdom [View All Jobs]( [Subscribe Were you forwarded this email? To subscribe to this newsletter, click below.]( for Free]( Follow Us [The Business of Fashion]( [Sponsorship & Advertising]( [About]( This email was sent to {EMAIL} [Add to Address Book]( | [Unsubscribe]( | [Edit Newsletter Subscriptions]( The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom