The Guardian Australia – Business · business
Stefano Gabbana resigns as Dolce & Gabbana chair amid market challenges
4 hours ago
Stefano Gabbana resigned as chair of Dolce & Gabbana effective January 1, 2023. He is contemplating his options for his 40% stake in the company amidst ongoing negotiations with bank lenders. The Italian luxury fashion house is facing challenges due to a slump in the high-end market intensified by geopolitical uncertainty.
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Summary by Glance · Original reporting by The Guardian Australia – Business
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