All articles tagged with #dolcegabbana
Stefano Gabbana resigns as chair of Dolce & Gabbana effective Jan 1; Alfonso Dolce takes over, with Stefano Cantino set to join top management as part of a broader governance shake-up. The group says the move does not affect creative activities and it continues negotiations with banks over debt, including about €450m.
Dolce & Gabbana co-founder Stefano Gabbana steps down as chair amid a debt pile of about €450m and a downturn in luxury retail, while remaining involved creatively; Alfonso Dolce has taken over the chair role as the company negotiates with banks and explores outside help. The privately owned brand, with Gabbana and Domenico Dolce each holding significant stakes, is pushing into new markets like hospitality and furniture and is considering a minority investment or strategic partnership to stabilise the business.