Dsquared2 to cut approximately 40 jobs

Dsquared2 is facing challenges. The brand, founded by Italian-Canadian twin brothers Dean and Dan Caten, announced a “strategic reorganisation across its global offices” in a statement, a move which will affect approximately 40 roles.

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In Milan, this process will follow a collective redundancy procedure, conducted in full compliance with all legal requirements, the Dsquared2 Group assures. The company adds that it will “work in close partnership with trade unions to ensure fair treatment and comprehensive support for all affected employees” throughout the transition period, “reflecting the company’s enduring values and commitment to its people.” The procedure is expected to be completed by early 2026.

Dsquared2 states that it has had to respond to the evolving market landscape, as “the fashion industry continues to face profound and complex challenges, impacting brands across the globe. Dsquared2, with its legacy of bold creativity and resilience, is once again stepping forward to meet this moment with determination and clarity.”

Finally, the Caten brothers emphasise that the decision, “though difficult, is a proactive step towards strengthening the Group’s operational structure and positioning it for long-term success”, as part of a transformative journey for Dsquared2, which “embraces change, drives innovation, and reinforces its foundation for sustainable growth.”