A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion.
They were found guilty of failing to declare 200 million euros through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence. They were ordered to pay a penalty of 500,000 euros (about $670,000) to tax authorities.
The designers have denied the charges. Two years ago, a judge threw out a tax evasion and fraud case against the pair, whose label Dolce&Gabbana is a Milan fashion mainstay.
Three other defendants, including two managers, were convicted in the scheme and given suspended sentences of one year and four months.