Milan Judge Simone Luertis decision arrived on Friday after four-and-a-half hours of closed-door deliberation.
Its obvious that it would end like this, Massimo Dinoia, lawyer for Dolce, Gabbana and three other defendants, told the New York Times. The accusations were groundless.
This is an excellent decision that guarantees the rights of all citizens.
The designers and their representation consistently denied the allegations, which stemmed from the 2004 sale of the Dolce & Gabbana
brands to the designers Luxembourg-based holding company.
Fridays dismissal also concluded another criminal probe into alleged tax irregularities amounting to 200m in unpaid taxes, reported WWD. If it reached the trial stage, the alleged income tax evasion could have carried a maximum three-year prison sentence and hefty fines.