Stefano Gabbana Steps Down as Chairman of Dolce & Gabbana During a 450 Million Euro Refinancing

Stefano Gabbana has resigned as chairman of the Italian luxury fashion house Dolce & Gabbana as CEO Alfonso Dolce takes over the leadership role.The management shift occurs as the company enters a 450 million euro debt refinancing plan that requires 150 million euros in new investment.Gabbana will retain his forty percent ownership stake and a creative role while the company explores selling real estate assets in Miami and Marbella.
Published:8h |Updated:6h
Tags
Read more
Discuss
1 1