Donatella Versace Steps Down as Chief Designer Amid Sale Speculation

Donatella Versace has announced her departure as Creative Director of Versace after 28 years and will now serve as Chief Brand Ambassador, highlighting her continued dedication to the brand. Dario Vitale will succeed her as Creative Director starting April 1, bringing with him experience from Miu Miu. CEO Emmanuel Gintzburger acknowledged Versace's enduring influence by stating, "Versace is what it is today because of Donatella Versace and the passion she has brought to her role every day for nearly thirty years." This leadership transition coincides with rumors of a potential sale of Versace, as Capri Holdings aims to revitalize the brand and broaden its audience reach.