On April 9, it was revealed that Stefano Gabbana, co-founder of the Italian luxury brand Dolce & Gabbana, had stepped down from his role as chairman. The resignation reportedly took place in December 2025 but has only now been made public. Gabbana is also said to be considering options regarding his approximately 40% stake in the company.
Alfonso Dolce, the brother of Domenico Dolce and the company’s current CEO, has assumed the role of chairman, keeping leadership within the founding family.
At the same time, a broader management reshuffle may be underway. Reports suggest that former Gucci CEO Stefano Cantino could join the company’s top management, although no official announcement has been made.
Financially, the company is at a critical juncture. According to a report by Bloomberg, Dolce & Gabbana is currently carrying approximately €450 million in debt and is in ongoing negotiations with its creditors. As part of this process, the company has been working on refinancing around €300 million of its debt through 2030, while also securing an additional €150 million in funding to support the expansion of its beauty division.
Like many players in the luxury sector, the brand has been impacted by the broader market slowdown. However, its beauty segment—including fragrance and cosmetics—continues to show growth and is expected to play a central role in its future strategy.
It remains unclear whether Gabbana’s resignation as chairman will lead to his full departure from the brand.
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