MILAN— A hearing Wednesday in the ongoing tax trial of Domenico Dolce and Stefano Gabbana focused on numbers.
During a thorough and well-documented four-hour deposition illustrated by 111 pages of slide sheets and charts, Maurizio Dallocchio, corporate finance professor at Bocconi University and a former president of the Audit Committee of the European Investment Bank, who worked on the value of the Luna Rossa brand, among others, presented his conclusions as an outside consultant appointed by the designers and their lawyers. Dallocchio has worked on valuations of many brands, including Prada’s Luna Rossa.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"