Moynat makes radical accounting move to cover losses
The French luxury leather goods maker Moynat has in recent years racked up losses of over €30m. Its owner, the Arnault family, is trying a radical accounting solution to resolve the problem.
The Paris court of appeal has ordered Prada to pay several hundred thousand euros to a former employee. The case shone a spotlight on the daily life of a boutique manager for the Milanese fashion house.