Dolce & Gabbana says co-founder Stefano Gabbana has quit as chair

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Stefano Gabbana resigned as chairman of Dolce & Gabbana on January 1st as part of an organizational restructuring, with CEO Alfonso Dolce, Domenico's brother, taking over the role. Gabbana's resignation will not affect his creative activities with the company. He is also reportedly considering options for his 40% stake in the company. The Italian luxury brand is currently negotiating with bank lenders and has appointed Stefano Cantino to a top management position. Dolce & Gabbana, founded in 1985, has been impacted by a slump in the high-end fashion market and uncertainty in the Middle East. The company has €450m in bank debt and appointed Rothschild & Co as a financial advisor in March.
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AI-ExtractedThe group has no statement to make at this time, as negotiations with the banks are still ongoing.
The company had €450m of bank debt after a round of refinancing in 2025.
Alfonso Dolce, Domenico’s brother and D&G’s chief executive, took over the role in January.
Stefano Gabbana resigned as chair of Dolce & Gabbana, effective January 1st.
Gabbana is considering options for his 40% stake in the company.
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