Bibliographic Details
| Title: |
Heirs to the Mulliez French Retail Empire Cleared in Decade Long Tax Probe. |
| Authors: |
Patel, Tara (AUTHOR) |
| Source: |
Bloomberg.com. 10/22/2024, pN.PAG-N.PAG. 1p. |
| Subject Terms: |
*Tax evasion, *House brands, Breach of trust, French colonies, Borderlands |
| Abstract: |
French investigators have concluded a decade-long probe into allegations of corporate misconduct by the Mulliez dynasty, owners of a global retail empire. The investigation focused on the family's investment company, Association Familiale Mulliez, which holds stakes in Auchan SpA and Decathlon SA. Despite media attention, the probe found no evidence of breach of trust or tax fraud, leading to the dismissal of the allegations. The Mulliez family, known for their private nature, has faced scrutiny over their vast network of store brands and their declining profitability in certain markets. [Extracted from the article] |
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| Database: |
Business Source Complete |
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