Donatella Versace has been replaced as the creative director of Versace by Dario Vitale, effective April 1. Acting as chief brand ambassador, she will continue promoting the brand founded by her late brother, Gianni Versace. This leadership change occurs amid speculations about a potential acquisition of Versace by Prada Group. CEO John D. Idol emphasized the transition as part of a succession plan, expressing confidence in Vitale's capability to drive the brand's growth forward. Versace expressed her excitement about this new chapter and her commitment to carrying forward her brother's legacy.
"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."
"I am thrilled as a champion of the next generation of designers that Vitale will join Versace and I'm excited to see the brand through new eyes."
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