Dolce & Gabbana CEO denies talks with Kering over possible tie-up – paper

0
8
Logo of Italian designers Dolce & Gabbana is seen in Zurich

ROME (Reuters) – Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday.

“I can absolutely deny it” CEO Alfonso Dolce said when asked about discussions with Gucci owner Kering.

Dolce added that the brand needed to focus on internal growth, brand positioning and the development of new product categories, but did not rule out the possibility of being part of a “broader Italian project” putting together several Italian brands.

(Reporting by Giulia Segreti, editing by Cristina Carlevaro)

tagreuters.com2021binary_LYNXMPEH3507B-VIEWIMAGE