They say two things are certain in life: death and taxes.
But we never would've guessed that taxes could mean certain death for Dolce & Gabbana!!!
Domenico Dolce and Sefano Gabbana are in an ongoing legal battle over tax evasion charges after being found guilty last month.
In addition to the 20 month jail sentence (which they'll never serve), the designing duo were fined $440 million, but if the verdict is not overturned and they're forced to pay up, they’ll have to shut down their world-wide fashion empire!!
Dolce seems to have already given up, saying:
"We will close. What do you want us to do? We will close. We will not be able to deal with it. It's impossible."
"If we deserved the sentence, there would be nothing to say. But we do not deserve it, and so unfortunately we would have to close. We are not going to give in to being crucified like thieves, because we are not. How could we accept being branded tax evaders? We are good people, we live in Italy and we pay taxes in Italy. We don't pretend to live abroad."
If this really is the end of fashion's dynamic duo, we’re stunned by the amount of lacy red carpet looks we could be missing in the future.
Let this be a lesson to all — don’t mess with the tax man!
[Image via WENN.]
Tags: busted, dolce and gabbana, domenico dolce, fashion, fine, forced into closure, legal matters, sad, sefano gabbana, tax evasion, tax trouble