Stefano Gabbana Resigns from Dolce & Gabbana Chairman Role Amid Debt Reports
Stefano Gabbana is stepping down from his role at Dolce & Gabbana.
The 63-year-old designer, who co-founded the fashion house in 1985 with former partner Domenico Dolce, announced on Friday (April 10) that he is resigning as chairman.
However, he will continue his creative role designing alongside Domenico, 67.
Keep reading to find out more…“As part of a natural evolution of its organizational structure and governance, the Dolce & Gabbana Group confirms that Stefano Gabbana has tendered his resignation, effective as of 1 January 2026, from his positions within Dolce & Gabbana Holding Srl, Dolce & Gabbana Trademarks Srl and Dolce & Gabbana Srl,” according to a statement from the company, per Vogue.
“These resignations have no impact whatsoever on the creative activities carried out by Stefano Gabbana on behalf of the group,” the statement continued.
In March, Bloomberg reported that Dolce & Gabbana was preparing discussions about debt with its lenders. Sources claim in that Stefano was considering options to exit his 40 percent stake in the company.
“With regard to the debt position, the group has no statement to make at this time, as negotiations with the banks are still ongoing,” the company said in its April 10 statement.
Domenico‘s brother Alfonso Dolce, who currently serves as CEO, took over as chairman in January.
According to Bloomberg, Dolce & Gabbana‘s lenders are up to 150 million euros in new funding as part of a wider refinancing of the fashion house’s 450 million euros ($525.7 million) of debt.