Overview
- Company statements confirm Stefano Gabbana stepped down from his roles in the group’s holding and operating companies, while his design work for the brand continues.
- Corporate filings show he left the chairman role, and chief executive Alfonso Dolce now serves as chair.
- The group is negotiating with banks to refinance about £450 million of debt, with Rothschild & Co advising as sources say lenders want roughly £150 million more.
- Reports say Gabbana may sell his roughly 40% stake, which would change the balance of control in the family-owned house.
- Dolce & Gabbana’s UK arm has posted six straight annual losses, including a £2.4 million pre-tax loss and an 11% drop in turnover in the year to March 2025.