The unlisted group is one of the ten largest fashion groups in Italy by revenues and had sales of 1.38 billion euros (£1.2 billion) in the year ended March 2025, according to a filing to Italy's Chamber of Commerce seen by Reuters.
"We carried out the negotiations since we wanted to understand how our work was valued both economically and ethically," Gabbana, who founded the fashion house together with Domenico Dolce, told Italian newspaper Il Messaggero.