Luxury goods giant Kering, which handles brands such as Yves Saint Laurent, Gucci and Balenciaga, is dragging Alibaba, China’s biggest e-commerce operator, to the law courts for the second time in 12 months.
Kering sues Alibaba for second time in 12 months
Alibaba, China's biggest e-commerce operator, is being accused of profiting from selling fakes
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Why Kering gave up on beauty and L’Oréal’s bold plan to transform Kering Beauté
Read moreL’Oréal is set to engulf Kering’s beauty division, established only two years ago, but does this deal point to a future controlled entirely by a few luxury giants?
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