The Two Founders Of Dujibana Are Planning To Retire.
Domenico Dolce and Stefano Gabbana, the founder of Italy luxury brand Dolce & banbana, have said that they will not find new successors for brands. But now they have changed their plans and announced that they will be replaced by the Dolce family.
Domenico Dolce and Stefano Gabbana jointly founded Dolce & amp; Dolce in 1985. This fall, members of the Dolce family gathered to discuss the future of Dolce & amp; Stefano Gabbana said: "we are happy to hand over our work to our family."
This statement marks the transformation of the brand inheritance plan of Dolce & amp;
In April 2018, Stefano Gabbana made it clear that the company would no longer exist after the founder's death. At that time, he told the Italy media Corriere della Sera (late post): "when we die, our brands will die together." I don't want a Japanese designer to design clothes for Dolce & Gabbana in the future. (see "ornate ambition": founder of Dolce & amp; bbanna): all rejected offers are rejected, and when we die, our brands will disappear.
In fact, the Dolce family has largely participated in the business of Dolce & amp; For example, Domenico Dolce's parents moved from Sicily to Milan to help two designers set up a company. Domenico Dolce's 54 year old brother, Alfonso Dolce, is the chief executive of the company, and his 64 year old sister, Dora Dolce, is responsible for the research and development of the clothing series. Domenico Dolce's nephews and nieces also work in the company, namely, Giuseppina Cannizzaro, senior fashion designer, and Christian Cannizzaro, who is responsible for footwear and accessories business.
The 61 year old Domenico Dolce and the 57 year old Stefano Gabbana each hold 40% of Dolce & amp; Gabbana, and the remaining shares belong to the Dolce family, held by Alfonso Dolce and Dora Dolce.
Stefano Gabbana added: "therefore, our idea is to transfer the company to the Dolce family, which will not be sold under any circumstances. The company is like our child. You are a mother. You can't sell your child. We are lucky that we do not want to be the richest man in the cemetery. "
Dolce & amp; 2018/2019 has 5500 employees worldwide, and the company's revenue increased by 4.6% year-on-year in the most recently reported annual earnings of 1 billion 350 million euros. (see "ornate ambition": Dolce & amp; Canada's annual earnings report: sales grew 4.9% to 1 billion 380 million euros over the same period)
Dolce & Abba was once beset with embarrassment in China. Last year, because of allegations of racial discrimination and insult to China, social media triggered a wave of protest. Not only was it forced to temporarily cancel the long-awaited Shanghai show, but it was also boycotted by Chinese consumers and cooperative e-commerce platforms. "Ornate ambition" has made a detailed report on this matter: after sales of Dolce & amp; banana, 3 billion yuan will be sold out.
However, at the second China Fair held last month, Dolce & amp; banana gave a large exhibition booth covering 400 square meters in the quality life high-end consumer goods exhibition area, and invited six experienced craftsmen from the Italy factory to display various kinds of Arts and crafts on the spot, demonstrating the strong desire to win back the Chinese consumers.
Source: magnificent ambition
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