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Fashion

European Commission fines Guess almost 40 million euros in new crusade against online distribution restrictions

Brussels - On 17 December 2018, the European Commission fined the clothing company Guess 39.8 million euros for infringing EU antitrust rules by imposing restrictions on retailers’ ability to compete online. Concerns included ‘geo-blocking’ (i.e., restrictions on the EU territories into which retailers were allowed to sell Guess products),...

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Retail|BUSINESS & OPINION

Everyone Loses in a Tariff War

As of June 22, 2018, the European Commission imposed temporary twenty-five percent ad valorem tariffs on certain goods originating in the United States and imported into the European Union. The list of goods affected by these tariffs includes cosmetic preparations, t-shirts, trousers, denim, and footwear, among others. This measure was in direct...

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