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Arab Times
15-03-2025
- Entertainment
- Arab Times
Donatella Versace out as creative director of the Milan fashion house
ROME, March 15, (AP): Donatella Versace has been replaced as creative director of the Italian luxury fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace's U.S. owner Capri Holdings announced on Thursday. Versace will be replaced by Dario Vitale, who most recently was design director at the Miu Miu brand owned by the Prada Group. His appointment is effective on April 1. Versace, 69, welcomed Vitale, emphasizing in a statement that "championing the next generation of designers has always been important to me,'' while Vitale, 41, thanked Versace for "her trust in me.' Versace was thrust into the role of creative director in 1997 after her brother's murder in Miami, at first tentatively and then with a boldness that led to some big runway and red carpet moments. They included a healing and celebratory tribute to Gianni Versace on the 20th anniversary of his death, featuring supermodels that he helped create alongside a new generation of celebrity model, and Jennifer Lopez in an even skimpier version of the jungle dress that nearly broke the internet at the 2000 Grammys, reprised on the Spring-Summer 2020 runway. Versace acknowledged the difficulty of her transition as she took from her brother, known for his sexy silhouettes and purposely loud prints and of the Versace Medusa and Greca motifs. Under Donatella, Versace became synonymous with the power woman she herself projected, despite periods of self-doubt. "I asked why I took so long to find my way,' she told reporters ahead of the anniversary show. "The first few years I wasn't sure of myself. I made mistakes. But you learn from your mistakes.' The creative shift comes amid speculation that the Prada Group is in talks to buy Versace from Capri Holdings, which paid 2 billion euros (currently $2.2 billion) for the fashion house in 2018. The U.S. group also owns Michael Kors and Jimmy Choo. Miuccia Prada acknowledged interest in the brand on the sidelines of Milan Fashion Week last month, while Versace made no comment at what was to be her last runway show. Versace symbolically wore a vintage jacket that Gianni made for her in 1992, inspired by the powerful Miss S&M collection. Capri Holding's statement made no mention of any plans to sell Versace, but the arrival of a designer from Miu Miu is only likely to fuel speculation of a possible deal. Versace received an outpouring of love and support on social media posts marking the shift from younger designers she has championed, including Roberto Cavalli creative director Fausto Puglisi and former Valentino designer Pierpaolo Piccoli, along with tens of thousands of fashion fans. "I hope I've made you proud so far,' Versace wrote in an Instagram post celebrating her and her brother's major moments in Versace's nearly 50 years. They included photos of Gianni and Donatella together, and major Versace celebrity moments featuring Lady Diana, Naomi Campbell, Elton John, Adele, Taylor Swift, Gigi Hadid, Lady Gaga, Madonna, Jane Fonda and many more. Versace CEO John D. Idol said in a statement that the creative shift was "part of a thoughtful succession plan for Versace.' He called Vitale "a strong leader,'' and expressed confidence that "his talent and vision will be instrumental to Versace's future growth.' As chief brand ambassador, Versace "will continue to champion the Versace brand and its values,'' Idol said. Versace represented 20% of Capri Holdings 2024 revenue of 5.2 billion euros. Capri recently laid out strategic plans to rebalance the Versace portfolio to return the brand to its more daring roots, increase sales of accessories and win back entry-level consumers put off by a post-pandemic focus on higher net-worth clients. During the presentation, Idol acknowledged that Versace had recently struggled in menswear "where the historical ... customer was used to us being very, very loud. And we've gone much quieter.' Versace said she was "thrilled' that Vitale would join Versace and that she was "excited'' to see the brand her brother founded in 1978 "through new eyes.' "It has been the greatest honor of my life to carry on my brother Gianni's legacy. He was the true genius, but I hope to have some of his spirit and tenacity,'' she said in a statement. "In my new role as chief brand ambassador, I will remain Versace's most passionate supporter. Versace is in my DNA and always in my heart.''
The Hill
14-03-2025
- Entertainment
- The Hill
Donatella Versace out as creative director of the Milan fashion house, in a shakeup by US owner
ROME (AP) — Donatella Versace has been replaced as creative director of the Italian luxury fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace's U.S. owner Capri Holdings announced on Thursday. Versace will be replaced by Dario Vitale, who most recently was design director at the Miu Miu brand owned by the Prada Group. His appointment is effective on April 1. Versace, 69, welcomed Vitale, emphasizing in a statement that 'championing the next generation of designers has always been important to me,' while Vitale, 41, thanked Versace for 'her trust in me.' Donatella's legacy Versace was thrust into the role of creative director in 1997 after her brother's murder in Miami, at first tentatively and then with a boldness that led to some big runway and red carpet moments. They included a healing and celebratory tribute to Gianni Versace on the 20th anniversary of his death, featuring supermodels that he helped create alongside a new generation of celebrity model, and Jennifer Lopez in an even skimpier version of the jungle dress that nearly broke the internet at the 2000 Grammys, reprised on the Spring-Summer 2020 runway. Versace acknowledged the difficulty of her transition as she took from her brother, known for his sexy silhouettes and purposely loud prints and of the Versace Medusa and Greca motifs. Under Donatella, Versace became synonymous with the power woman she herself projected, despite periods of self-doubt. 'I asked why I took so long to find my way,' she told reporters ahead of the anniversary show. 'The first few years I wasn't sure of myself. I made mistakes. But you learn from your mistakes.' Sale rumors The creative shift comes amid speculation that the Prada Group is in talks to buy Versace from Capri Holdings, which paid 2 billion euros (currently $2.2 billion) for the fashion house in 2018. The U.S. group also owns Michael Kors and Jimmy Choo. Miuccia Prada acknowledged interest in the brand on the sidelines of Milan Fashion Week last month, while Versace made no comment at what was to be her last runway show. Versace symbolically wore a vintage jacket that Gianni made for her in 1992, inspired by the powerful Miss S&M collection. Capri Holding's statement made no mention of any plans to sell Versace, but the arrival of a designer from Miu Miu is only likely to fuel speculation of a possible deal. Versace tributes Versace received an outpouring of love and support on social media posts marking the shift from younger designers she has championed, including Roberto Cavalli creative director Fausto Puglisi and former Valentino designer Pierpaolo Piccoli, along with tens of thousands of fashion fans. 'I hope I've made you proud so far,' Versace wrote in an Instagram post celebrating her and her brother's major moments in Versace's nearly 50 years. They included photos of Gianni and Donatella together, and major Versace celebrity moments featuring Lady Diana, Naomi Campbell, Elton John, Adele, Taylor Swift, Gigi Hadid, Lady Gaga, Madonna, Jane Fonda and many more. Looking ahead Versace CEO John D. Idol said in a statement that the creative shift was 'part of a thoughtful succession plan for Versace.' He called Vitale 'a strong leader,'' and expressed confidence that 'his talent and vision will be instrumental to Versace's future growth.' As chief brand ambassador, Versace 'will continue to champion the Versace brand and its values,'' Idol said. Versace represented 20% of Capri Holdings 2024 revenue of 5.2 billion euros. Capri recently laid out strategic plans to rebalance the Versace portfolio to return the brand to its more daring roots, increase sales of accessories and win back entry-level consumers put off by a post-pandemic focus on higher net-worth clients. During the presentation, Idol acknowledged that Versace had recently struggled in menswear 'where the historical … customer was used to us being very, very loud. And we've gone much quieter.' Champion of younger designers Versace said she was 'thrilled' that Vitale would join Versace and that she was 'excited' to see the brand her brother founded in 1978 'through new eyes.' 'It has been the greatest honor of my life to carry on my brother Gianni's legacy. He was the true genius, but I hope to have some of his spirit and tenacity,'' she said in a statement. 'In my new role as chief brand ambassador, I will remain Versace's most passionate supporter. Versace is in my DNA and always in my heart.''
CNN
13-03-2025
- Business
- CNN
Donatella Versace steps down as chief creative officer after 28 years
After strutting a confident Versace collection at Milan Fashion Week in February that referenced many of the brand's signature emblems, including the Medusa, Barocco and Greca, Donatella Versace took a bow. Many observers had wondered if it would be Donatella Versace's last in her position as chief creative officer, a role she has held for almost three decades, amid speculation of a potential sale of the Versace company from its current owner to the Prada group. On Thursday, Versace confirmed to CNN that Donatella Versace, 69, would transition to the newly created role of chief brand ambassador, in which she would 'dedicate herself to the support of Versace's philanthropic and charitable endeavors' while also remaining 'an advocate for the brand globally,' according to an emailed statement. In tandem, Dario Vitale has been named as the brand's chief creative officer, marking the first time that the designer role has been filled outside of the family. (Donatella Versace stepped into the position in 1997, taking over the label founded by her late brother Gianni, who died that year.) 'It has been the greatest honor of my life to carry on my brother Gianni's legacy. He was the true genius, but I hope I have some of his spirit and tenacity,' said Donatella Versace in an emailed statement. 'In my new role, I will remain Versace's most passionate supporter. Versace is in my DNA and always in my heart.' 'Championing the next generation of designers has always been important to me,' Donatella Versace added, thanking the company's design studio and employees. 'I am thrilled that Dario Vitale will be joining us, and excited to see Versace through new eyes.' Prev Next Vitale, who starts at Versace on April 1, joins from Prada-owned Miu Miu, where he was most recently design and image director — a post that he left in January. Vitale's appointment comes as the Prada group edges closer to buying Versace from US-based Capri Holdings in a $1.6 billion deal, a move that would bring him back into the Prada fold. Emmanuel Gintzburger, Versace's CEO since 2022, called Vitale 'a rare talent, who deeply respects the essence and values of Versace and clearly understands its growth potential.' Capri Holdings chairman and CEO John D. Idol echoed that sentiment, adding that 'today's announcements were part of a thoughtful succession plan for Versace.' Idol noted that Vitale was 'a strong design leader' and that 'we are confident that his talent and vision will be instrumental to Versace's future growth.' Related video Donatella Versace: A fashion icon ft. Lady Gaga Capri, which also owns Michael Kors and Jimmy Choo, has been re-evaluating its portfolio after an $8.5 billion deal to merge with Tapestry, owner of Coach, Kate Spade and Stuart Weitzman, was blocked by the US Federal Trade Commission last year.
Al-Ahram Weekly
13-03-2025
- Entertainment
- Al-Ahram Weekly
Donatella Versace out as creative director of the Milan fashion house after 28 years - Style - Life & Style
Donatella Versace has been replaced as creative director of the Italian luxury fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace's U.S. owner Capri Holdings announced on Thursday. Versace will be replaced by Dario Vitale, who most recently was design director at the Miu Miu brand owned by the Prada Group. His appointment is effective on April 1. Versace, 69, welcomed Vitale, emphasizing in a statement that 'championing the next generation of designers has always been important to me,'' while Vitale, 41, thanked Versace for 'her trust in me.' Versace was thrust into the role of creative director in 1997 after her brother's murder in Miami, at first tentatively and then with a boldness that led to some big runway and red carpet moments. They included a healing and celebratory tribute to Gianni Versace on the 20th anniversary of his death, featuring supermodels that he helped create alongside a new generation of celebrity model, and Jennifer Lopez in an even skimpier version of the jungle dress that nearly broke the internet at the 2000 Grammys, reprised on the Spring-Summer 2020 runway. Versace acknowledged the difficulty of her transition as she took from her brother, known for his sexy silhouettes and purposely loud prints and of the Versace Medusa and Greca motifs. Under Donatella, Versace became synonymous with the power woman she herself projected, despite periods of self-doubt. 'I asked why I took so long to find my way,' she told reporters ahead of the anniversary show. 'The first few years I wasn't sure of myself. I made mistakes. But you learn from your mistakes.' The creative shift comes amid speculation that the Prada Group is in talks to buy Versace from Capri Holdings, which paid 2 billion euros (currently $2.2 billion) for the fashion house in 2018. The U.S. group also owns Michael Kors and Jimmy Choo. Miuccia Prada acknowledged interest in the brand on the sidelines of Milan Fashion Week last month, while Versace made no comment at what was to be her last runway show. Versace symbolically wore a vintage jacket that Gianni made for her in 1992, inspired by the powerful Miss S&M collection. Capri Holding's statement made no mention of any plans to sell Versace, but the arrival of a designer from Miu Miu is only likely to fuel speculation of a possible deal. Versace received an outpouring of love and support on social media posts marking the shift from younger designers she has championed, including Roberto Cavalli creative director Fausto Puglisi and former Valentino designer Pierpaolo Piccoli, along with tens of thousands of fashion fans. 'I hope I've made you proud so far,' Versace wrote in an Instagram post celebrating her and her brother's major moments in Versace's nearly 50 years. They included photos of Gianni and Donatella together, and major Versace celebrity moments featuring Lady Diana, Naomi Campbell, Elton John, Adele, Taylor Swift, Gigi Hadid, Lady Gaga, Madonna, Jane Fonda and many more. Versace CEO John D. Idol said in a statement that the creative shift was 'part of a thoughtful succession plan for Versace.' He called Vitale 'a strong leader,'' and expressed confidence that 'his talent and vision will be instrumental to Versace's future growth.' As chief brand ambassador, Versace 'will continue to champion the Versace brand and its values,'' Idol said. Versace represented 20% of Capri Holdings 2024 revenue of 5.2 billion euros. Capri recently laid out strategic plans to rebalance the Versace portfolio to return the brand to its more daring roots, increase sales of accessories and win back entry-level consumers put off by a post-pandemic focus on higher net-worth clients. During the presentation, Idol acknowledged that Versace had recently struggled in menswear 'where the historical ... customer was used to us being very, very loud. And we've gone much quieter.' Versace said she was 'thrilled' that Vitale would join Versace and that she was 'excited'' to see the brand her brother founded in 1978 'through new eyes.' 'It has been the greatest honor of my life to carry on my brother Gianni's legacy. He was the true genius, but I hope to have some of his spirit and tenacity,'' she said in a statement. 'In my new role as chief brand ambassador, I will remain Versace's most passionate supporter. Versace is in my DNA and always in my heart.'' Follow us on: Facebook Instagram Whatsapp Short link:
Yahoo
13-03-2025
- Entertainment
- Yahoo
Donatella Versace out as creative director of the Milan fashion house, in a shakeup by US owner
ROME (AP) — Donatella Versace has been replaced as creative director of the Italian luxury fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace's U.S. owner Capri Holdings announced on Thursday. Versace will be replaced by Dario Vitale, who most recently was design director at the Miu Miu brand owned by the Prada Group. His appointment is effective on April 1. Versace, 69, welcomed Vitale, emphasizing in a statement that 'championing the next generation of designers has always been important to me,'' while Vitale, 41, thanked Versace for "her trust in me.' Donatella's legacy Versace was thrust into the role of creative director in 1997 after her brother's murder in Miami, at first tentatively and then with a boldness that led to some big runway and red carpet moments. They included a healing and celebratory tribute to Gianni Versace on the 20th anniversary of his death, featuring supermodels that he helped create alongside a new generation of celebrity model, and Jennifer Lopez in an even skimpier version of the jungle dress that nearly broke the internet at the 2000 Grammys, reprised on the Spring-Summer 2020 runway. Versace acknowledged the difficulty of her transition as she took from her brother, known for his sexy silhouettes and purposely loud prints and of the Versace Medusa and Greca motifs. Under Donatella, Versace became synonymous with the power woman she herself projected, despite periods of self-doubt. 'I asked why I took so long to find my way,' she told reporters ahead of the anniversary show. 'The first few years I wasn't sure of myself. I made mistakes. But you learn from your mistakes.' Sale rumors The creative shift comes amid speculation that the Prada Group is in talks to buy Versace from Capri Holdings, which paid 2 billion euros (currently $2.2 billion) for the fashion house in 2018. The U.S. group also owns Michael Kors and Jimmy Choo. Miuccia Prada acknowledged interest in the brand on the sidelines of Milan Fashion Week last month, while Versace made no comment at what was to be her last runway show. Versace symbolically wore a vintage jacket that Gianni made for her in 1992, inspired by the powerful Miss S&M collection. Capri Holding's statement made no mention of any plans to sell Versace, but the arrival of a designer from Miu Miu is only likely to fuel speculation of a possible deal. Versace tributes Versace received an outpouring of love and support on social media posts marking the shift from younger designers she has championed, including Roberto Cavalli creative director Fausto Puglisi and former Valentino designer Pierpaolo Piccoli, along with tens of thousands of fashion fans. 'I hope I've made you proud so far,' Versace wrote in an Instagram post celebrating her and her brother's major moments in Versace's nearly 50 years. They included photos of Gianni and Donatella together, and major Versace celebrity moments featuring Lady Diana, Naomi Campbell, Elton John, Adele, Taylor Swift, Gigi Hadid, Lady Gaga, Madonna, Jane Fonda and many more. Looking ahead Versace CEO John D. Idol said in a statement that the creative shift was 'part of a thoughtful succession plan for Versace.' He called Vitale 'a strong leader,'' and expressed confidence that 'his talent and vision will be instrumental to Versace's future growth.' As chief brand ambassador, Versace 'will continue to champion the Versace brand and its values,'' Idol said. Versace represented 20% of Capri Holdings 2024 revenue of 5.2 billion euros. Capri recently laid out strategic plans to rebalance the Versace portfolio to return the brand to its more daring roots, increase sales of accessories and win back entry-level consumers put off by a post-pandemic focus on higher net-worth clients. During the presentation, Idol acknowledged that Versace had recently struggled in menswear 'where the historical ... customer was used to us being very, very loud. And we've gone much quieter.' Champion of younger designers Versace said she was 'thrilled' that Vitale would join Versace and that she was 'excited'' to see the brand her brother founded in 1978 'through new eyes.' 'It has been the greatest honor of my life to carry on my brother Gianni's legacy. He was the true genius, but I hope to have some of his spirit and tenacity,'' she said in a statement. 'In my new role as chief brand ambassador, I will remain Versace's most passionate supporter. Versace is in my DNA and always in my heart.''
