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Dolce & Gabbana’s turnover up nine per cent

Dolce & Gabbana’s turnover for 2016-17 increased nine per cent over the previous year. Italy represents 24 per cent of total turnover. The rest of Europe makes up 27 per cent, the Americas 13 per cent and Japan six per cent. Dolce & Gabbana’s wholesale increased 8.7 per cent in 2016-17, retail grew 7.1 per cent while licensing revenue fell 9.2 per cent.

Net profit was four times higher than that achieved in 2015-16. Dolce & Gabbana’s strong presence in its domestic market has led the Italian house to further its initiatives abroad. On October 4, the brand organised a runway show at a department store in Japan for which the creative duo Domenico Dolce and Stefano Gabbana designed a special collection. In the same month, the label also opened its first outlet store in Mexico, at a mall in the northwest of the country.

For the holiday season, the brand has plans for a large-scale operation with London-based luxury department store Harrods. These will include the launch of exclusive products, as well as a number of in-store interventions organised by Dolce & Gabbana from November 2 to December 28, such as in stores-in-stores, a Christmas tree, window displays and a traditional Italian market.