The fifth fragrance of the Dolce line puts the peony flower on a pedestal, as a symbol of positive energy. The composition is nostalgic and feminine, abounding with freshness, juicy fruitiness, rich florals and the softness of honey. In the opening of Dolce Peony, there are shiny notes of bergamot and nashi pear, sprinkled with pink pepper. The heart develops a flower bouquet of peonies, decorated with freesia flowers and Bulgarian roses, and followed by delicate warm aromas of yellow Mirabelle plum nectar, woodsy notes of patchouli, honey and amber that sweeten the finish. The fragrance is available as a 30, 50 and 75ml Eau de Parfum. Dolce Peony was launched in 2019. The nose behind this fragrance is Christophe Raynaud

Dolce&Gabanna is an Italian luxury fashion house founded in 1985 by Domenico Dolce and Stefano Gabbana. Making an immediate impact with their flashy, sexy clothing—for example, their signature "corset dresses"—and provocative advertising, the house quickly gained fame and the loyalty of high-profile celebrity customers such as Madonna, who wears their fashions offstage and has hired the house to design costumes for her performances. Dolce&Gabbana offers clothing under two brands: Dolce&Gabbana (officially spelled with no spaces), which focuses on luxury clothing, eyewear, accessories and perfumes; and D&G, a more casual and contemporary line of clothing, watches and fragrances. Both lines utilize the recognizable "D&G" logo on many of their products. Dolce&Gabbana's first fragrance, named simply Dolce&Gabbana for Women, was launched in 1992. A men's version followed in 1994. The brand launched a series of fragrances over the year, with their Light Blue fragrances for men and women being among their most successful. The D&G line launched the Anthology series of fragrances in 2009, inspired by tarot cards and advertised by some of the fashion world's most famous faces. Effective January 1, 2023, a new Dolce & Gabbana Beauty division was created, headquartered in Milan, which will be involved in the production, sales, and distribution of cosmetic products.