that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not name the companies involved or specify the potential breaches it was investigating.a facility of luxury goods company Gucci as part of the probe.
The inspection of the Gucci site was aimed at possible violations of the European Union's Article 101, according to a source with direct knowledge of the matter. The article prohibits agreements that restrict, prevent or distort competition within the EU and which have an effect on trade between EU member states.
The source identified the site at the centre of the probe as Gucci's Milan headquarters, a former airplane factory in the eastern part of Italy's fashion capital. The site, known as the Gucci Hub, was opened in 2016 serving as headquarters for its offices in the city, worldwide showrooms, photo studios and fashion show venue, according to Gucci's website., the French-listed owner of Gucci, late on Wednesday confirmed the inspection, adding that it was cooperating fully with the European Commission investigation into the industry.
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