Donatella Versace is stepping down as the chief designer.
Donatella Versace is leaving her position as the chief designer of the Versace brand. Under her leadership, the brand has thrived for three decades. The sale of the business is already being discussed. Donatella, who has been the chief creative officer of Versace, has been the driving force behind the company since her brother Gianni, the founder, was shot in Miami in 1997, writes https://xrust.ru/. The situation was addressed by the owner of Capri Holdings last Thursday. He stated that Prada is nearing a deal to purchase Versace from Capri. The price of the deal is $1.6 billion. Dario Vitale, who held the position of director of design and image at Miu Miu, a small brand within the Prada group, will take over Donatella’s role as chief creative officer starting April 1. The 69-year-old Donatella will take on the role of chief brand ambassador for Versace. Analysts comment on the situation by saying that Versace is going through tough times, so it is not surprising that changes are occurring.
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