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Stefano Gabbana has resigned as chairman of Dolce & Gabbana effective January 1, 2026, amidst ongoing negotiations to refinance €450 million in debt. The immediate trigger for this leadership change is the financial strain caused by a global luxury market slowdown and reduced demand from China and the Middle East. Long-term implications may include a strategic shift in the company's operations and potential asset disposals to stabilize its financial standing.
