WWD.com is reporting, "Marc Jacobs International is caught up in a bribery scandal involving its favorite show space, the 69th Regiment Armory — and is the subject of a criminal investigation as a result."
WWD then continues and says, "The former superintendent of Manhattan's 69th Regiment Armory, James Jackson, has been indicted on charges of demanding more than $30,000 to allow the space to be used by the designer and for other events. Marc Jacobs International allegedly made payoffs to Jackson through the designer's public relations firm, KCD Public Relations, to reserve the national historic landmark on key dates, New York State Attorney General Andrew Cuomo said at a press conference Wednesday."
WHOA! I'm studying business ethics right now and it's up my alley. Though this case may seem harmless, it shows the subjective AND objective regulations in business transactions. Marc Jacobs is cooperating with the investigators, however, the house itself may be under questioning.
Marc Jacobs sure always deliver a headline, whether it is through his exhibition, clothes, or scandals. This my friend is what they mean by there's no such thing as bad publicity, not that he needed anymore.
The rest of the article is quite interesting. If you have an account, you'll be able to read the article. But if you don't, let me know and I'll email it to you.
Read rest of article: Armory Scandal: Marc Jacobs Intl. in Bribery Probe