Dolce & Gabbana Co-Founder Steps Down, Mulls Stake Options

Stefano Gabbana resigned as chairman of Dolce & Gabbana and is considering options for his stake in the Italian fashion company ahead of negotiations with its bank lenders.

Gabbana, 63, who founded the design house with his then-partner Domenico Dolce, stepped down in December, according to an Italian corporate filing. Alfonso Dolce, Domenico’s brother and current CEO, took over as chairman in January.