Italian fashion house Dolce & Gabbana Srl, known for its bold Mediterranean designs, is making a decisive move towards transforming its business. In an ever-evolving luxury industry, the company has announced that its cosmetics segment will serve as the foundation for a sustainable and independent future.

Growth of the Cosmetics Business

According to CEO Alfonso Dolce, projections for the cosmetics business are impressive. Revenues from cosmetics sales are expected to grow by over 20% over the 12 months leading up to March 2025, reaching approximately 610 million euros (665 million dollars). This growth would raise the company’s total annual revenue to around 2 billion euros.

Reasons for Growth

Several key factors contribute to the anticipated revenue growth in the cosmetics sector:

1. Shift to Direct Management. The company plans to take full control of all aspects of production and distribution for perfumes, cosmetics, and skincare products. This strategic decision will improve product quality and enhance profit margins.

2. Expansion of Product Range. Dolce & Gabbana intends to broaden its cosmetics offerings, which will make the brand more appealing to a wider audience.

3. Industry Trends. The rising interest in natural and high-quality products is significantly influencing the success of the company's cosmetics business.

Long-Term Plans of the Company

The future outlook for Dolce & Gabbana includes even more ambitious goals. By the end of the 2027 fiscal year, the fashion house aims to increase cosmetics sales by an additional 1 billion euros. This reflects the company's high aspirations and its readiness for transformation in the current market conditions.

Key Focus Areas

As part of its long-term strategy, Dolce & Gabbana will develop the following key focus areas:

• Enhancement of Production Processes. Upgrading and optimizing production lines will improve product quality.

• Increased Marketing Efforts. Active advertising campaigns and collaborations with high-profile personalities will help attract new customers.

• Packaging Innovations. Utilizing sustainable materials for packaging will appeal to environmentally conscious consumers.

In conclusion, Italian fashion house Dolce & Gabbana is taking strategically important steps to strengthen its position in the cosmetics industry. The transition to direct management and ambitious revenue growth plans indicate that the company is focused on long-term development. With such prospects, Dolce & Gabbana is well-equipped to compete in the rapidly changing luxury market.