L‘Oreal said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece’s competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices.
Luxembourg will ask online retailer Amazon to set aside the 250 million euros ($293 million) the European Commission has ordered the company to repay in taxes while the parties consider whether or not to appeal.
French cosmetics giant L‘Oreal said on Thursday it has “zero tolerance” for forced labor in its supply chain and keeps a close eye on its mineral mica sources after a report slammed it for failing to show slavery risks.
New research underlines the importance of friend referrals for brands with over 40% of UK consumers put off shopping with a particular label or store if they’d heard a bad report of it from someone close to them.
Privately-held French supermarket operator Leclerc has been approached by U.S. technology group Amazon over possible logistics partnerships, as speculation intensifies over Amazon’s intentions in the supermarket sector.
Columbia was awarded $3.018 million in damages for the infringement of its Omni-Heat reflective patent. Seirus continued to sell its infringing product after a judge granted Columbia motion in August 2016.
Amazon was told on Wednesday to pay about 250 million euros (221.44 million pounds) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals.