Dolce and Gabbana finances

Dolce and Gabbana Fiances

Dolce and Gabbana's net worth is said to be $1.4 million

https://www.forbes.com/profile/stefano-gabbana/#1dd717a757da

For this article below it says that because of the racist ad they released in China that this will effect their financial situation. Causing consumers to boycott the brand because of their actions. Merchandisers took their products off their shelves, so even though consumers have boycotted the brand; those who haven't won't have as easy access to their products. 

In the article it states:
-But Chinese consumers are responsible for a third of all luxury spending around the globe, according to a recent study by Bain consultancy. That will grow to 46 per cent of forecast sales of an estimated 365 billion euros (USD 412 billion) by 2025, fuelled by millennials and the younger Generation Z set, who will make a growing percentage of their purchases online. 
-"Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated," the Chinese business magazine New Fortune said in a social media post Sunday. 
-"This is one of the major reasons why D&G finally lowered its head. They really cannot survive without the Chinese market." 
-Dolce found himself on the defensive several years ago after Elton John lashed out for comments that suggested he did not support gay couples using surrogate mothers to have children. At the time, more than 67,000 tweets urged #boycottdolcegabbana, while Courtney Love vowed to burn her Dolce&Gabbana garb and Martina Navratilova pledged to trash her D&G shirts. 
-Gabbana, who has 1.6 million Instagram followers, faced a more contained backlash earlier this year when he responded to a collage of Selena Gomez photos on Instagram with the comment, "She's really ugly." Celebrities took to social media Wednesday to blast Dolce&Gabbana and said they would boycott the show, which was cancelled. 

https://economictimes.indiatimes.com/magazines/panache/financial-health-reputation-dg-may-suffer-ripple-effect-for-years-in-china-after-racism-ad-row/articleshow/66825493.cms

More articles about how the Chinese ad will effect them dramatically:

https://www.forbes.com/sites/rogeraitken/2018/11/24/dolce-gabbanas-brand-reputation-in-rags-over-china-ad-outrage/#1e44cce07e0d

https://edition.cnn.com/2018/11/24/business/dolce-gabbana-china/index.html