In a significant shift for the fashion industry, Donatella Versace has announced her departure from her role as creative director of Versace, a position she has held for nearly three decades since 1997, following the tragic death of her brother, Gianni. Throughout her tenure, Versace has significantly impacted the fashion world, spearheading countless campaigns and extending the brand's reach into designs for hotels and automobiles.
At the age of 69, Versace will transition her creative leadership to Dario Vitale, the previous design director at Miu Miu. Vitale is anticipated to bring fresh perspectives to the brand, while Versace will embrace a new position as a brand ambassador, dedicating her time to charitable efforts and philanthropy related to the house of Versace. In a company statement, Capri Holdings remarked on their thought-out succession plan, praising Vitale as a "strong design leader" who will be pivotal in the brand's evolution.
Expressing gratitude towards her work, the company acknowledged Versace's integral contributions to the fashion house, noting her crucial role in shaping its global success. In a heartfelt message shared with her 12 million followers on Instagram, Versace reflected on her journey, stating, "It was the greatest honor of my life to carry on my brother Gianni's legacy," and she expressed excitement for the new direction under Vitale's leadership.
Donatella Versace is renowned for her distinctive style and has famously dressed a myriad of celebrities including Madonna, Beyoncé, and Lady Gaga. Her iconic design of Jennifer Lopez's green jungle dress in 2000 still remains a defining moment in fashion history. The Versace brand, established in 1978 alongside her brothers Santo and Gianni, continues to retain a significant stake of Capri Holdings' forthcoming revenues.
The announcement of Donatella’s shift comes amid discussions that the Prada Group may be contemplating acquiring Versace from its current parent company, Capri Holdings, which purchased the luxury fashion house for €2 billion in 2018. As fashion enthusiasts look forward to this new chapter, Donatella’s influence on modern fashion and her commitment to nurturing emerging designers remains steadfast.
At the age of 69, Versace will transition her creative leadership to Dario Vitale, the previous design director at Miu Miu. Vitale is anticipated to bring fresh perspectives to the brand, while Versace will embrace a new position as a brand ambassador, dedicating her time to charitable efforts and philanthropy related to the house of Versace. In a company statement, Capri Holdings remarked on their thought-out succession plan, praising Vitale as a "strong design leader" who will be pivotal in the brand's evolution.
Expressing gratitude towards her work, the company acknowledged Versace's integral contributions to the fashion house, noting her crucial role in shaping its global success. In a heartfelt message shared with her 12 million followers on Instagram, Versace reflected on her journey, stating, "It was the greatest honor of my life to carry on my brother Gianni's legacy," and she expressed excitement for the new direction under Vitale's leadership.
Donatella Versace is renowned for her distinctive style and has famously dressed a myriad of celebrities including Madonna, Beyoncé, and Lady Gaga. Her iconic design of Jennifer Lopez's green jungle dress in 2000 still remains a defining moment in fashion history. The Versace brand, established in 1978 alongside her brothers Santo and Gianni, continues to retain a significant stake of Capri Holdings' forthcoming revenues.
The announcement of Donatella’s shift comes amid discussions that the Prada Group may be contemplating acquiring Versace from its current parent company, Capri Holdings, which purchased the luxury fashion house for €2 billion in 2018. As fashion enthusiasts look forward to this new chapter, Donatella’s influence on modern fashion and her commitment to nurturing emerging designers remains steadfast.
