Here comes theofficial after the shock of last week. After the Stefano Gabbana's surprise resignation from the presidency of Dolce&Gabbana, role already passed to Alfonso Dolce, the maison defines the new managerial structure and entrusts part of its new phase for Stefano Cantino, appointed co-CEO alongside Dolce himself, president and CEO of the group.
A choice that marks an important step in the history of the brand founded in 1985 by Domenico Dolce and Stefano Gabbana, while the company accelerates its organizational transformation in a delicate phase for the sector and for the group's accounts. rearrangement It comes against the backdrop of a slowdown in the luxury sector and an unstable international context, while Dolce&Gabbana continues its discussions with the banks on aestimated exposure approximately 450 million euros, also evaluating new lines of credit and interventions on properties and licenses to support liquidity.
Dolce & Gabbana: A New Balance at the Top
The official announcement gives Dolce&Gabbana a more detailed guide, with Stefano Cantino called to support Alfonso Dolce in the group's control room. This appointment comes as the fashion house redefines its internal structure, after Stefano Gabbana's exit from the presidency, even with the maintaining its creative role next to Domenico Dolce.
“I am delighted to have Stefano Cantino at my side in this new phase of growth and development for Dolce&Gabbana,” declared Alfonso Dolce, welcoming the arrival of the new manager.
Cantino's profile
Cantino arrives in Dolce&Gabbana with a curriculum built within some of the most important names in international luxury. Graduated in Political Science from the University of Turin, he gained experiences in Prada, Louis Vuitton and Gucci, where he held positions of increasing responsibility on a global scale in areas such as sales, communications, marketing and corporate, until reaching senior roles, including Chief Executive Officer.
His profile, therefore, combines fashion product knowledge, an international outlook, and cross-functional managerial skills. It's no surprise that the group has chosen someone with this background to guide the ongoing transition.
“It is an honor for me to join Dolce & Gabbana, which represents Italian excellence in an extraordinary way throughout the world,” commented Cantino.
Dolce & Gabbana: Reorganization at a Delicate Stage
Cantino's entrance also comes in a complex context for the maisonThe reorganization of the top management is in fact intertwined with a phase in which the company is called upon to deal with a more difficult economic situation and with the issue of debt renegotiation. The new balance following Stefano Gabbana's departure from the presidency remains in the background, despite no step back on the creative front and the 40% stake being maintained.
