Stefano Gabbana Steps Down as Dolce & Gabbana Chairman

Stefano Gabbana, who co-founded Dolce & Gabbana in 1985, has resigned from his role as chairman of the luxury fashion house, effective January 1. He will, however, continue to oversee the brand’s creative vision. The company’s chief executive, Alfonso Dolce, brother of Domenico Dolce, has taken over the chairman’s responsibilities as part of a planned governance transition. Dolce & Gabbana is also in talks to refinance roughly €450 million in debt, while Gabbana explores options for his 40% stake in the business. Despite the leadership change, Gabbana remains a driving force in the label’s bold design direction and its strong celebrity following.

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