Stefano Gabbana Steps Down as Dolce & Gabbana Chairman

Stefano Gabbana, co-founder of the Italian luxury fashion house Dolce & Gabbana, has resigned from his positions as chairman and in other management roles, effective January 1, 2026, according to a company statement and filings with the local chamber of commerce.

The Milan-based company, founded in 1985 by Gabbana and Domenico Dolce, described the move as part of a natural evolution in its organizational structure and governance. Gabbana, 63, will continue to contribute to the brand's creative direction alongside Dolce, ensuring no interruption to the design process that has defined the label for four decades. Alfonso Dolce, brother of co-founder Domenico Dolce and the company's chief executive, has assumed the chairman role.

The resignation occurs amid financial challenges for Dolce & Gabbana, which is negotiating with lenders to refinance approximately 450 million euros in debt. Sources familiar with the discussions indicated that banks are pushing for an injection of up to 150 million euros in fresh capital. The company is exploring options such as selling real estate assets and renewing licensing agreements to generate funds. Gabbana holds about a 40 percent stake in the...