Stefano Gabbana steps down as Chairman of Dolce & Gabbana

Stefano Gabbana leaves the chairmanship of Dolce & Gabbana amid a financial turning point: what’s really happening inside the Italian fashion house.

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The Italian fashion house Dolce & Gabbana is going through a pivotal moment in its recent history, marked by the discreet yet significant departure of Stefano Gabbana from his role as chairman. Although the resignation took place in December 2025, it has only now been made public, coinciding with a delicate financial period for the company. This move is not linked to any recent controversies—something the brand has faced in the past—but rather to a broader business strategy amid a period of adjustment within the luxury sector.

Following Gabbana’s exit, the company’s institutional control remains within the founding circle. Alfonso Dolce, brother of Domenico Dolce and current CEO, took over as chairman in January 2026, reinforcing the family’s continuity in leadership. At the same time, potential changes at the top are beginning to emerge, with reports suggesting that former Gucci CEO Stefano Cantino could join in a key management role. All signs point to a transitional phase that may reshape the brand’s internal structure.

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At the same time, Dolce & Gabbana’s financial situation calls for decisive action. The company is carrying debt of €450 million and is currently in talks with financial institutions to refinance part of it through to 2030. It is also seeking additional capital to strengthen strategic areas such as its beauty and fragrance division, one of its most profitable segments. Options under consideration include the sale of real estate assets and the renewal of licences as ways to improve liquidity.

Despite stepping down from the board, Stefano Gabbana has not entirely stepped away from the creative spotlight. His appearance on the runway during Milan Fashion Week in February 2026, alongside Domenico Dolce, shows he remains a visible figure within the brand’s universe. For now, it remains unclear whether this move signals a gradual exit or simply a shift in responsibilities. What is certain is that his 40% stake in the company will play a decisive role in Dolce & Gabbana’s immediate future.

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