Italian luxury powerhouse Dolce & Gabbana has secured €150 million in new financing to accelerate growth within its beauty division, marking a strategic shift as the luxury fashion market undergoes significant changes.
The fashion house confirmed it has finalized a deal with banks for additional debt funding, partially backed by Italy’s state-owned credit insurer SACE SpA. This capital injection will not only fuel expansion in beauty and property ventures but also refinance existing loans totaling €400 million. Negotiations with lenders have been ongoing as Dolce & Gabbana moves to diversify its revenue streams.
The company projects over 20% revenue growth in its beauty segment for the fiscal year ending March 2025, underscoring its confidence in cosmetics and fragrances as core drivers of future success.
Facing softening demand in luxury fashion and an industry trend toward consolidation, Dolce & Gabbana is strategically betting on beauty—a resilient, high-margin category—to sustain growth and safeguard its independence in a rapidly evolving luxury landscape.
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