DOLCE & GABBANA HEADED TO PRISON
Italian fashion designers Domenico Dolce and Stefano Gabbana were sentenced to 18 months in prison after failing to pay 200+ million euros in taxes owed to the Italian government last year.
This incident is tainting to their company. The pair’s value may continue to drop as it has in the past year. Who knows what will happen to their brand. Honestly, they’ll probably get out of it although they’ve already attempted to appeal.
What a shame.. pay your taxes people!