Fashion retailer held for debts to the state

The head of men's clothing retailer Glou has been arrested for debts to the state, according to local media reports.

Reports said the man, 52-year-old businessman Antonis Glou, is charged with owing some 765,000 euros in unpaid taxes.

The suspect is expected to face a prosecutor on Thursday.

Glou company recently filed for protection from creditors under Article 99 of the bankruptcy law.