EU fines Gucci, Chloe and Loewe for fixing resale prices

By Charlotte Van Campenhout and Tassilo Hummel BRUSSELS (Reuters) -Gucci, Chloe and Loewe have been fined a total of 157 million euros ($182 million) by the European Union's antitrust watchdog for fixing the resale prices of their retail partners. Kering owned Gucci was fined 119.7 million euros, Chloé 19.7 million euros and Loewe 18 million euros, highlighting growing regulatory scrutiny of luxury groups. "The three fashion companies interfered with their retailers' commercial strategies by imposing re ...