Marc Jacobs Pays $1 Million to Settle Allegations
(Above left: Marc Jacobs; right: Victoria Beckham for Marc Jacobs)
All this time, when Marc Jacobs got to host his shows at the 26th Street Armory, and all the other designers were like, “Why can’t we get that too?” Well, now all their questions have been answered. Since it was all out of bribery that Marc Jacobs received exclusivity to the venue.
Though not entirely the Marc Jacobs himself who is to be faulted, of course. Some things must have gone unreported in their company newsletters, I am sure.
It was a superintendent of the Armory by the name of James Jackson who accepted – or possibly, demanded – the bribes of at least $35,000 in cash for Marc Jacobs to have exclusive access.
Other organisations such as the New York International Carpet Show had wanted to use the Armory as well, and were faced with Jackson’s hints that some more incentives were needed for him to allow them any access.
And that’s how the whole investigation even began.
Marc Jacobs has since had to pay $1 million to settle allegations, and a company spokeswoman has said, “We are pleased that this matter has been resolved. We have already taken and will continue to take steps to avoid incidents of this nature in the future.”
- Source: New York Times
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