
Stefano Gabbana has stepped down as chairman of fashion house Dolce & Gabbana, marking a significant development in the company's leadership structure.
The decision was formalized in December, and since January, the board has been headed by Alfonso Dolce, currently the company's CEO and brother of Domenico Dolce. The change comes at a time when the company is facing financial pressure and the need for reorganization.
Although he has stepped down from his leadership role, Gabbana remains part of the company and is exploring options for his ownership stake, which stands at around 40%. This development could affect the future shareholder structure.
At the same time, the company has entered into talks with banks to restructure its debt. Lenders are seeking a capital increase of up to 150 million euros, as part of a plan that includes around 450 million euros in liabilities.
To cope with the situation, management is considering selling some real estate assets and reviewing licensing agreements, with the aim of improving liquidity. International financial advisors are also involved in this process.
In parallel, the company is expected to strengthen its management structure with new appointments, including a former head of another well-known fashion brand.
These developments indicate a restructuring phase for Dolce & Gabbana, as the company aims to stabilize its position in the international market.
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