Stefano Gabbana Resigns as Chairman of Dolce & Gabbana

Stefano Gabbana, the co-founder of the Italian luxury fashion house Dolce & Gabbana, has officially resigned from his position as chairman of the company. The announcement was made on April 10, 2026, confirming a leadership shift at one of Italy’s most prominent luxury brands.

According to statements from the fashion house, Gabbana’s resignation became effective on January 1, 2026. The company described the move as being part of a natural evolution of its organisational structure and governance.

Following the resignation, the company has maintained its leadership within the founding family. Alfonso Dolce, the brother of co-founder Domenico Dolce and the brand’s current chief executive, officially assumed the role of chairman in January 2026.

While the corporate leadership has changed, the brand emphasized that the transition will not affect the artistic direction of the house. Dolce & Gabbana stated that the resignation has no impact whatsoever on the creative activities carried out by Stefano Gabbana on behalf of the group.

Financial Pressures and Debt Negotiations

The leadership change comes as the heritage design house, founded in 1985, navigates a critical financial period. Dolce & Gabbana is currently carrying approximately €450 million in bank debt.

In March 2026, the company appointed Rothschild & Co to serve as its financial adviser. This appointment was made to prepare the company for a new round of negotiations with its bank lenders.

The financial strain follows a round of refinancing in 2025, which was intended to implement a growth strategy designed to ensure the company remained independent.

The luxury brand has been impacted by a general slump in the high-end fashion market. This decline has been further intensified by geopolitical instability, specifically uncertainty surrounding the war in Iran. The Middle East remains a key market for global luxury brands, making the region’s instability a significant factor for the company’s performance.

Stake Options and Management Reshuffle

Beyond his role as chairman, Stefano Gabbana remains a major shareholder in the company. He currently holds a 40 percent stake in the brand.

Reports indicate that Gabbana is currently considering various options regarding his stake in the company. This consideration is occurring alongside the ongoing debt negotiations with creditors.

The company is also expected to undergo a broader management reshuffle. Reports suggest that Stefano Cantino, the former CEO of Gucci, may be joining the top management team, although an official announcement regarding his appointment has not yet been made.

When questioned about the company’s current financial standing, a spokesperson for Dolce & Gabbana stated that the group has no statement to make at this time, as negotiations with banks are still ongoing.