Rejection of all acquisition offers

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Links:
https://www.businessoffashion.com/articles/news-analysis/dolce-gabbana-speaks-on-succession-plans
https://www.theguardian.com/fashion/2018/apr/06/once-were-dead-were-dead-dolce-and-gabbana-say-label-will-die-with-them
https://www.out.com/popnography/2018/11/21/brief-history-dolce-gabbana-being-racist-sexist-and-homophobic


Dolce and Gabbana speak on succession plan, Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand. 
"We have rejected all offers to buy (the company). One can have a lot of money but if you are not free, what do you do with it?" Domenico Dolce said in an interview with fashions most famous duo in Italian daily Corriere della Sera. He didnt give any details of offers from buyers the company had received. 
The unlisted group is one of the ten largest fashion groups in Italy by revenues and had sales of €1.3 billion in the year ending in March 2017. The brand is popular among celebrities for its bold and opulent designs. Asked who would inherit the group's "fortune" Stefano Gabbana said: "Once we will be dead, we will be dead.""I don't want a Japanese designer to design for Dolce & Gabbana," he added, without elaborating.The two designers, who remained business partners after their romantic relationship ended, said they had divided everything up and created a trust for the company which neither of the two can touch.This is intended to safeguard one of the two in case something happens to the other partner, but the designers did not reveal any further details.

 The comment about not wanting a Japanese designer to design for the company caused a stir yet again over social media, people accused the duo of being racist and saying that they should be open to anything that would be best for the company. We understand that Dolce and Gabbana is all about its Italian roots but by publicly being so racist it is making them have a reputation fror being racist and could affect sales of the brand. 

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