Fashion
EU fines Gucci, Chloe, and Loewe over $182 million for anticompetitive pricing practices
By
Reuters
Published
October 14, 2025
The EU Commission said on Tuesday it has fined fashion brands Gucci, Chloe, and Loewe a combined 157 million euros ($181.52 million) for fixing resale prices, in breach of EU competition rules, adding that this kind of anticompetitive behaviour increases prices and reduces choice for consumers.
“In particular, the three fashion companies interfered with their retailers’ commercial strategies by imposing restrictions on them, such as requiring them to not deviate from recommended retail prices; maximum discounts rates; and specific periods for sales,” the Commission said in a statement.
Gucci-owner Kering said the EU probe was resolved following a cooperation procedure with the brand and the financial hit was provisioned in the group’s 2025 first-half results.
Richemont, which owns Chloe, and LVMH, the owner of Loewe, did not immediately reply to a request for comment.
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