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Dolce & Gabbana Gets Fresh Cash to Fund Bet on Beauty Products
Dolce & Gabbana Gets Fresh Cash to Fund Bet on Beauty Products

Business of Fashion

time14 hours ago

  • Business
  • Business of Fashion

Dolce & Gabbana Gets Fresh Cash to Fund Bet on Beauty Products

Dolce & Gabbana Srl has obtained additional debt from its creditors to fund its expansion in the beauty and property sectors. The Italian fashion house, known for its Mediterranean-inspired designs, has agreed with banks on new financing of €150 million ($170 million), a representative confirmed by email. The new debt is partially guaranteed by state-backed credit insurer SACE SpA. Dolce & Gabbana has also agreed to refinance its existing loans, which originally totalled €400 million but had been partially repaid, said the representative. Discussions with bank lenders had been ongoing for months, as the company looks to pivot its strategy and broaden its revenue streams. Dolce & Gabbana's management is betting that its beauty business will be key if it is to remain an independent company in the rapidly shifting luxury industry. Revenue from beauty products is expected to rise more than 20 percent for the 12 months through the end of March 2025, said chief executive Alfonso Dolce in an interview with Bloomberg News earlier this year. The fashion house, like its peers, is navigating a period of uncertainty amid slowing demand for luxury goods. Some have opted for consolidation: Hong-Kong listed Prada SpA in April agreed to buy Gianni Versace Srl. By Antonio Vanuzzo and Giulia Morpurgo Learn more: Dolce & Gabbana Looks to Beauty to Safeguard Independence The company is targeting €1 billion in annual beauty sales by the end of its 2027 financial year, following a shift from licensing to direct management of the production and distribution of its fragrances, makeup and skincare, said CEO Alfonso Dolce.

Lauren Sanchez Does Billionaire Bloomcore in Expensive Ab-Baring Look for Bachelorette Weekend in Paris
Lauren Sanchez Does Billionaire Bloomcore in Expensive Ab-Baring Look for Bachelorette Weekend in Paris

Yahoo

timea day ago

  • Entertainment
  • Yahoo

Lauren Sanchez Does Billionaire Bloomcore in Expensive Ab-Baring Look for Bachelorette Weekend in Paris

Lauren Sánchez is in Paris for her star-studded bachelorette weekend, and it seems everything is coming up roses ahead of her June wedding to Amazon founder (and billionaire) Jeff Bezos. When Sánchez, 55, stepped out for brunch on Friday, May 16, alongside Kim Kardashian, Katy Perry and other celebrity gal pals, she leaned into the Bloomcore aesthetic in a white Oscar de la Renta crop top and miniskirt with multicolored 3D florals. The glamorous journalist, who reportedly got engaged to Bezos, 61, in 2023, literally blossomed in the designer co-ord set plucked right off the Pre-Fall 2025 runway. The top ($1,590) and skirt ($2,290) were modeled with a matching lady jacket ($4,290), but Sánchez eschewed the latter — all the better to show off her toned arms and taut, tan midriff. Kim Kardashian, Katy Perry and More Stars Celebrate Lauren Sanchez's Bachelorette Party in Paris Sánchez (and Bezos, for that matter) are Fashion Week front-row regulars at Oscar de la Renta, Dolce & Gabbana and more luxury labels, so it felt fitting that the blushing bride-to-be would have perhaps the most coveted new set from the storied fashion house. As Oscar de la Renta Co-Creative Directors Fernando Garcia and Laura Kim described in the season's show notes, the Pre-Fall 2025 offering celebrates 'the timeless beauty of cherry blossoms,' which they aptly dubbed the 'hero flower' of the collection, which manifests itself in intricately embroidered laser-cut petals, as seen on Sánchez's flirty set on Friday in the City of Love. The ensemble seamlessly married Oscar de la Renta's exquisite craftsmanship and signature floral motifs with the cherry blossom, a flower that also symbolizes new beginnings (hint, hint!). Naturally, Sánchez moved the bloom to a new realm of luxury and elegance by carrying not the coordinating clutch from the collection but an adorable pink vintage Chanel Top Handle Crush Flap Bag, circa 2023, which just so happens to be the same year that Bezos proposed. Kim Kardashian and Lauren Sanchez Paid $200K Each for 1 Balenciaga Dress at Auction The mix of prints was a perfect match, and perhaps a sweet, stylish nod to her future husband before they tie the knot at the end of June in Venice, Italy.

Inside Lauren Sanchez and Jeff Bezos' Wedding: New Details on Dress Designer, Location, ‘Multi-Day Affair'
Inside Lauren Sanchez and Jeff Bezos' Wedding: New Details on Dress Designer, Location, ‘Multi-Day Affair'

Yahoo

timea day ago

  • Entertainment
  • Yahoo

Inside Lauren Sanchez and Jeff Bezos' Wedding: New Details on Dress Designer, Location, ‘Multi-Day Affair'

When Lauren Sánchez marries billionaire Jeff Bezos next month in a lavish destination wedding in Italy, she will be wearing custom Dolce & Gabbana couture looks made to match every event during the star-studded, multi-day celebration, a source tells Us Weekly exclusively. "It will be a big wedding," the source said, and "a very Italian wedding." The exclusive details may also recall Kourtney Kardashian and Travis Barker's May 2022 nuptials in Italy, where the bride, groom, and entire wedding party were outfitted in the Italian fashion label. Of course, Sánchez and the Amazon founder's forthcoming, high-profile celebration have already caught the public's attention. Sánchez's older brother, Paul, previously described it to TMZ as an event that could rival Princess Diana's iconic 'wedding of the century' in both scale and magnificence. Rumored wedding attendees include celebrities Katy Perry, Kim Kardashian, Kris Jenner and Eva Longoria, who were all seen at Sánchez's recent bachelorette weekend festivities in Paris. Lauren Sanchez Does Billionaire Bloomcore in Expensive Ab-Baring Look for Bachelorette Weekend in Paris ​Sánchez, 55, is already a Dolce & Gabbana devotee, having chosen the designer for significant, sentimental events, whether by 61-year-old Bezos' side on his birthday in a sheer black confection or sitting front row in ethereal white lace at the Dolce & Gabbana Alta Sartoria show in Italy to cheer on her son, Nikko, when he walked the designer's runway in July 2024. Before Nikko's turn on the catwalk, Sánchez was photographed arriving at Italy's Cagliari Airport in head-to-toe Dolce & Gabbana. Walking next to Bezos, she looked every inch the 'proud mom,' as she put it on Instagram, in a lemon-yellow dress reminiscent of the Italian Riviera. The philanthropist and Emmy Award-winning journalist consistently gravitates towards designers Domenico Dolce and Stefano Gabbana for milestone occasions, which makes them a natural fit for her wedding couturiers. The news that ​Sánchez will be a Dolce & Gabbana bride is the latest thread weaving together a beautiful narrative between home, family and high fashion. Sánchez's wedding wardrobe will mirror the picturesque setting, whether it's a corseted gown that commands all eyes at the altar or a boudoir-inspired LBD at the reception. Molto bella, indeed!

I Couldn't Get Enough of J.Lo's Fashion at the AMAs
I Couldn't Get Enough of J.Lo's Fashion at the AMAs

Yahoo

time4 days ago

  • Entertainment
  • Yahoo

I Couldn't Get Enough of J.Lo's Fashion at the AMAs

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." As host of the 2025 American Music Awards, Jennifer Lopez was not going to slack off when it came to her fashion. Our favorite outfit changer's style parade began with a dramatic coatdress that she wore for a six-minute dance performance that kicked off the ceremony. She opened the number with a few lines from her own song, 'Dance Again,' before switching to a medley of hits from the past year, like Billie Eilish's 'Birds of a Feather,' Shaboozey's 'A Bar Song,' and more—all of which moved to (while giving a few smooches to her backup dancers along the way). Lopez started the performance in a black belted coatdress from the Dolce & Gabbana Spring 2024 collection, which she quickly stripped off to reveal a custom catsuit from Michael Ngo underneath. The two-tone, black-and-tan piece featured a high neck and pants that morphed into boots. It was also decorated with gems that were made to resemble the inside of a motherboard. From there, shimmering details were a recurring theme for Lopez, who changed into sequin-clad designs like a cerulean strapless dress with jutting hips from David Koma, and a gold halter dress that functioned like a bodysuit, save for a few loin cloth-esque strips that hung down over her legs. Later, the 'Can't Get Enough' singer stepped out in a silver Bronx and Banco dress with a fringe maxi skirt and a halter bodice that wrapped across her body in the shape of a cross. Oh, and the skin-baring continued when walked the winners' red carpet in a caramel, halter-style Defaïence dress that bared her abs thanks to a plunging middle connected via a set of large, golden hoops. Lopez ended the night in couture from Miss Sohee. The outfit consisted of a gray plunging gown with tiers of white sequins that resembled scales, paired with a baby-blue cape that was embroidered with patterns of green vines and pink flowers. We can always count on to dance, and love, and dance—and change clothes—again. You Might Also Like 4 Investment-Worthy Skincare Finds From Sephora The 17 Best Retinol Creams Worth Adding to Your Skin Care Routine

Italian fashion sector unites against worker exploitation
Italian fashion sector unites against worker exploitation

Yahoo

time4 days ago

  • Business
  • Yahoo

Italian fashion sector unites against worker exploitation

Authorities from Italy's legal and political spheres, alongside fashion industry entities and labour unions, have collectively signed an action plan to address labour exploitation within the clothing and accessories production network. The nation hosts prominent fashion brands including Giorgio Armani, Dolce & Gabbana, Prada and Versace, which contribute to half of the global luxury fashion market output. The action plan, while not enforceable by law, has been initiated following investigations that revealed extensive malpractices, as reported by Reuters. Reuters quoted Milan's court system head Fabio Roia, speaking during a press event for the memorandum's signingL "The goal is that the court will no longer have to intervene." The memorandum aims to establish a repository containing information on brands' suppliers and their employees. Companies within the supply chain are expected to submit data on their tax adherence, social security payments and compliance with employment regulations to the platform, with mandatory updates every six months. Under the terms of the accord reached on 26 May 2025, fashion companies are obliged to promote the new platform among their suppliers and encourage them to register their information. The Lombardy regional administration, which encompasses Milan, will grant participating companies a six-month renewable certificate of transparency. A preliminary version of this plan was put forward in June 2024 by a Milanese court after inquiries into allegations of labour abuses within subcontractors linked to prominent brands such as LVMH and Giorgio Armani. Investigations uncovered workshops in the vicinity of Milan where immigrant workers, many undocumented, were found labouring under harsh conditions. These individuals reportedly lived on the premises, worked continuously through nights and holidays, and used hazardous equipment — all aimed at increasing production levels. In response to these findings, a Milanese court designated a special commissioner to supervise an LVMH subsidiary responsible for manufacturing Dior handbags. A similar measure had already been enacted in April 2024 concerning a unit associated with Armani. Earlier in 2025, a division of Valentino under judicial oversight for one year due to identified labour abuses within its supply chain. Companies retain the option to engage suppliers and subcontractors who choose not to participate in data collection. "Italian fashion sector unites against worker exploitation" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

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