Shares in Italian luxury group Brunello Cucinelli were temporarily suspended Thursday after allegations it "misled shareholders" over its operations in Russia in violation of EU sanctions.
The cashmere company, which was founded in 1978 in Umbria and claims a "humanist" approach to capitalism, denied any wrongdoing and said it was considering taking legal action.
T
Continue Reading on The Moscow Times
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.