Whether its trademark G's adorn loafers or luggage, suits or silk scarves, the Gucci name has long stood for quiet elegance at a price. Yet the heirs of Saddlemaker Guccio Gucci have proved to be noisy and unrestrained in their battles for control of the burgeoning family empire. In recent years, the best-known Gucci suits have been filed in courtrooms from Florence to Manhattan.
The latest chapter of Gucci vs. Gucci unfolded last week, when an Italian magistrate seized Chairman Maurizio Gucci's controlling interest in the firm amid charges of skulduggery. Said Maurizio: "The accusations brought against me are the evident...
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