The Italian fashion Group Dolce & Gabbana S.r.l., well known worldwide for designing, producing and distributing high-end clothing, leather goods, footwear, jewelry and accessories, reported a net loss of 32.4 million euros in 2021. In the year before, the company suffered its highest net loss of over 154 million euros.
Italian roots, global reach
Due to a very distinctive Mediterranean look, Dolce & Gabbana started attracting the attention of artists and famous people around the world already in the 90s. That, along with an expansive business strategy, allowed the company to become one of the
leading Italian fashion companies in terms of
turnover, which, despite yearly fluctuations, reached 747 million euros in 2021.
The Dolce & Gabbana brand
Established in 1985, Dolce & Gabbana grew quickly to become one of the main players in the
global luxury goods sector , and thanks to continuous investments in foreign markets one of the most recognizable and desirable brands worldwide. As of 2020, Dolce & Gabbana had 24 million
followers on Instagram, which made it one of the most followed Italian fashion brand on the social networking app.