Stefano Gabbana Steps Down as D&G Chairman & Dior Announces LA Runway in This Week’s Top Fashion News

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Summary

  • Wow, big news in the fashion world! I just heard that Stefano Gabbana is stepping down as Chairman at Dolce & Gabbana – it’s hard to believe! And on top of that, Fear of God is losing their CEO. It feels like a lot of shifting around at two major brands right now.

  • Saks Fifth Avenue’s parent company, Saks Global, is close to finishing its bankruptcy process thanks to new financial support. Meanwhile, luxury brand Hermès is opening more stores in China.

  • Okay, so I just heard Dior is planning a huge Cruise collection show in Los Angeles at LACMA in 2027 – that’s awesome! And over in Antwerp, the fashion museum, MoMu, is giving a shout-out to the legendary ‘Antwerp Six’. It’s cool to see both of these big things happening in the fashion world – definitely something to keep an eye on!

Stefano Gabbana Resigned From Dolce & Gabbana Chairman Position

Dolce & Gabbana has announced a significant leadership change: Stefano Gabbana has stepped down as Chairman, effective January 1st. The company calls this a natural step in how they’re managed. While he’s leaving the administrative side of the business, Gabbana will continue to be creatively involved in design. Alfonso Dolce, Domenico Dolce’s brother, is now the Chairman. This change comes as the company works to restructure its finances and potentially discuss Gabbana’s ownership stake. Despite the shift, Domenico Dolce and Stefano Gabbana will continue their creative partnership, which has been the heart of the brand since 1985.

Jonathan Anderson to Host Dior Cruise 2027 Show at LACMA

Dior will showcase its Cruise 2027 collection in Los Angeles, with a show at the Los Angeles County Museum of Art (LACMA) on May 13, 2026. Creative Director Jonathan Anderson’s presentation highlights Dior’s focus on the American market and reflects his passion for art. The location is particularly meaningful as it follows the recent opening of Dior’s new store on Rodeo Drive, designed by Peter Marino, and promises to be a major event.

Fear of God Eliminates CEO Role as Bastien Daguzan Exits the Label

Fear of God announced that its CEO, Bastien Daguzan, is leaving the company, and the CEO position will not be replaced. Daguzan, who previously worked at Jacquemus, had been leading the brand’s growth and online sales for less than two years. Fear of God says this change is part of a plan to focus on its long-term creative direction rather than short-term financial goals. Founder Jerry Lorenzo will now be more directly involved in the day-to-day operations of the Los Angeles-based fashion label.

Hermès Unveils First Stand-Alone Store in Beijing’s Sanlitun

Hermès has expanded its reach in China by opening its first standalone store in Beijing’s trendy Sanlitun area. The building’s exterior, a five-story structure covered in rose-pink and terracotta tiles, was created by RDAI with Mamou-Mani Architects. The design takes cues from the traditional style of the Forbidden City, offering customers a complete experience of Hermès’ sixteen different craft areas. Inside, visitors will find a grand stone staircase and artwork by Chinese artists Liu Jianhua and Ren Tong. This new flagship store – Hermès’ fourth in Beijing – combines Chinese culture with the brand’s commitment to handcrafted luxury, creating a unique shopping experience.

Saks Global Secures $500 Million USD Funding to Exit Bankruptcy Summer 2026

Saks Global, which owns Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, has secured $500 million in funding, allowing it to exit bankruptcy this summer. This follows an agreement with its lenders. The company is doing better than expected and has even reversed some planned store closures in Florida, California, and New York. CEO Geoffroy van Raemdonck says this success is due to the company’s focus on its luxury customers. With over 600 brands shipping products again and customers spending more per visit, Saks Global has worked to rebuild relationships with its suppliers and seems poised for a strong future in the luxury retail market.

MoMu Antwerp Celebrates the Legacy of the Antwerp Six

The MoMu fashion museum in Antwerp is celebrating the “Antwerp Six,” the influential group of designers who made Belgian fashion famous in the 1980s. The exhibit features original pieces from designers like Dries Van Noten and Ann Demeulemeester, and shows how they disrupted the established fashion centers of Paris and Milan. It also highlights how their innovative ideas continue to inspire designers today.

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2026-04-10 23:56