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19th November
2008
written by admin
Marc Jacobs at New York Fashion Week

Marc Jacobs at New York Fashion Week

Marc Jacobs International paid $1 million to New York State. According to Attorney General Andrew Cuomo, Marc Jacobs International used an intermediary to pay the former superintendent of the 69th Regiment Armory, James Jackson, more than $35,000 in cash and goods to get preferential booking for the armory space during New York Fashion Week. Cuomo believes this conduct has been in practice from February 2000 to February 2007.

James Jackson, 57, who ran the armory for over eight years, has pleaded guilty to grand larceny for demanding payments from armory exhibitors over an eight-year period.

“Marc Jacobs’ executives cooperated fully with the office of the attorney general and today’s agreement resolves the investigation with respect to Marc Jacobs,” the attorney’s office said.

As part of the agreement, Marc Jacobs has agreed to retain a private monitoring agency for two years that will review operations and report to the attorney general.

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