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

 SummaryMajor leadership changes at Dolce & Gabbana, as founding Chairman Stefano Gabbana steps away from the role, and Fear of God says farewell to the CEO.Saks Global nears a bankruptcy exit with new funding, while Hermès expands its physical footprint in China.Dior prepares a major 2027 Cruise show at LACMA in Los Angeles, while Antwerp’s MoMu honors the “Antwerp Six”.Stefano Gabbana Resigned From Dolce & Gabbana Chairman PositionIn a major change for the Italian luxury house, Stefano Gabbana has officially resigned from his role as Chairman of Dolce & Gabbana. The move, confirmed in April and effective as of January 1, is described by the company as a “natural evolution” of its corporate governance. While Gabbana is stepping away from his administrative duties, the brand emphasizes that his creative responsibilities remain unchanged, ensuring his design influence continues. Alfonso Dolce, brother of co-founder Domenico Dolce, has stepped into the Chairman role in Gabbana’s place. Reports suggest the resignation comes as the brand navigates broader financial restructuring and potential negotiations regarding Gabbana’s 40% stake in the company. Despite the corporate reshuffle, the duo’s creative partnership—which has defined the brand since 1985—remains the central pillar of the houseJonathan Anderson to Host Dior Cruise 2027 Show at LACMADior is heading to the West Coast for its upcoming Cruise 2027 collection, with Jonathan Anderson set to unveil his vision at the Los Angeles County Museum of Art (LACMA). Scheduled for May 13, 2026, the event marks a strategic push for the French house within the American market. The choice of LACMA underscores Anderson’s deep connection to the visual arts, providing a culturally significant backdrop for the Dior Creative Director’s Californian debut. This “monumental” presentation follows the recent opening of Dior’s Peter Marino-designed flagship on Rodeo Drive.Fear of God Eliminates CEO Role as Bastien Daguzan Exits the LabelJerry Lorenzo’s Fear of God has announced the departure of CEO Bastien Daguzan and the subsequent elimination of the CEO position from its organizational structure. Daguzan, formerly of Jacquemus, leaves after less than two years of spearheading the brand’s global scaling and e-commerce growth. The Los Angeles-based label stated that the decision reflects a commitment to an “eternal vision” over immediate corporate metrics. This restructuring paves the way for founder Jerry Lorenzo to take a more hands-on, daily operational role in the company.Hermès Unveils First Stand-Alone Store in Beijing’s SanlitunHermès has strengthened its presence in China with the opening of its first freestanding store in Beijing’s vibrant Sanlitun district. The five-story facade, wrapped in rose-pink and terracotta ceramic tiles, was designed by RDAI in collaboration with Mamou-Mani Architects. Drawing inspiration from the Forbidden City’s imperial aesthetics, the store serves