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flag Gabbana resigns as Dolce & Gabbana chairman amid debt crisis.

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

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