Dolce & Gabbana eyes minority investors, IPO plans on hold
Italian luxury brand Dolce & Gabbana is expected to seek a few minority investors in the short term rather than considering an IPO, according to a Reuters report. CEO Alfonso Dolce mentioned in early July that both options were under consideration. Sources say the family-owned company is currently focused on navigating a tough market environment and integrating its beauty business, and is not yet ready for an IPO. Investors could provide new resources and revitalize the business, but going public in the more distant future remains a possibility.