Dolce&Gabbana's next step: A conversation with CEO Alfonso Dolce.

Dolce&Gabbana, the renowned Italian luxury fashion brand, has been offering its figure-hugging and Mediterranean-inspired designs to customers around the world for nearly four decades. The brand is currently working hard to expand its business and its longevity.

Founded in 1985 by Domenico Dolce and Stefano Gabbana, theMilan-based brand generates more than €1.6 billion in annual revenue, up 27.5 percent year-on-year. The brand, which includes women's, men's and children's clothing lines, accessories as well as Alta Moda (their couture project), is complemented by other product categories such as beauty, home textiles and food and beverage. Tri'The brand's 'largest markets are Europe, Asia (excluding Japan and Korea) and the US, in that order.

In August 2022, Dolce&Gabbana announced one of its first sustainability initiatives, a joint project with five luxury fashion brands called the Re.Crea Consortium. The consortium aims to manage textile and fashion products at the end-of-life stage and to encourage research and development of innovative recycling solutions.

Dolce&Gabbana has also launched a number of new initiatives and category expansions to compete with some larger competitors.

As part of a series of interviews with Italian luxury leaders, McKinsey's Gemma D'Auria talks to CEO Alfonso Dolce, brother of Domenico and an employee of the company from the beginning. He talks about the brand's purpose, its approach to talent and its philosophy of attracting the next generation''consumers.

Photo: Benedetta Pitscheider