The Dolce&Gabbana group wants to renegotiate bank debts and is discussing it with the main credit institutions exposed with the company of the two well-known designers Domenico Dolce and Stefano Gabbana, of which each has 50%. On the table is the renegotiation of the duration and a revision of the covenants of the group, which has a bank debt of about 400 million euros. The debts of the maison have risen by virtue of the important investments made, especially in the network of stores, in the perfume sector and also in the diversification in real estate. Interest rate dynamics and the unfavorable economic situation also weighed heavily. The next deadline with creditor banks is scheduled for next February, when an installment of the debt due must be paid. Already in the past, the CEO of the maison, Alfonso Dolce, has declared interest in finding a partner. But the moment is not the most favorable for the luxury sector: in recent months the Dolce & Gabbana dossier has been viewed by several global investors, from large US private equities, such as Blackstone (which has already focused on Versace in the past) and Permira to major sovereign wealth funds such as the Saudi PIF (Public Investment Fund). But for now, no negotiations have started. The last financial year recorded, year on year, an increase in turnover from 1.59 to 1.87 billion euros, but the loss stood at 18.2 million euros, against the previous 39.6 million