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Gabbana resigns as Dolce & Gabbana chairman amid debt crisis.
Stefano Gabbana has stepped down as chairman of Dolce & Gabbana, the Italian fashion house he co-founded, amid significant financial challenges.
The company faces a 450 million euro debt and is negotiating with creditors for new funding, with Gabbana reportedly considering selling his stake.
Domenico Dolce’s brother, Alfonso, has taken over as interim leader as the brand navigates its restructuring and future direction.
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Gabbana renuncia como presidente de Dolce & Gabbana en medio de la crisis de deuda.