Stefano Gabbana has stepped down as chairman of Dolce & Gabbana and is reviewing options for his roughly 40% stake as the company prepares for new debt negotiations.
SUMMARY
- Stefano Gabbana has stepped down as chairman of Dolce & Gabbana and is reviewing options for his roughly 40% stake as the company prepares for new debt negotiations.
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Follow usGabbana resigned in December, with Alfonso Dolce taking over as chairman in January. The leadership change comes as the company faces pressure from a prolonged slowdown in the luxury market and broader geopolitical uncertainty.
The brand is now in talks with lenders over refinancing about €450 million in debt, with creditors reportedly seeking up to €150 million in fresh capital. To raise funds the company may consider selling real estate assets and renewing licenses.
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As part of broader changes, the company is also expected to bring in Stefano Cantino for a senior leadership role.
Founded in 1985 by Gabbana and Domenico Dolce, the brand remains privately held, with both founders retaining significant stakes.
The situation reflects wider trends in the luxury sector, where brands are increasingly exploring restructuring, new investments and strategic partnerships to navigate weaker global demand.
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