Dolce & Gabbana plans US, Spain and Maldives real estate projects
ITALIAN fashion group Dolce & Gabbana said on Monday (Apr 3) it would enter the real estate sector, with two residential schemes in the United States and Spain and a hospitality project in the Maldives.
Dolce & Gabbana said it would join forces with JDS Development Group in Miami and Sierra Blanca Estates in Marbella for the residential projects, while DarGlobal would be its partner in the Maldives.
No financial details were disclosed.
In the last two decades, many luxury groups have got into real estate, with brands such as Armani or Versace opening hotels under their own names. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
