(And more importantly to some, the brand said Donatella Versace was stepping down). RELATED: Donatella Versace Steps Down: Let’s Talk About The Future of Versace & The Celebrity Looks We Love ...

"But it is the right thing to do.” In March, the company announced that Donatella Versace was stepping down as chief creative officer, a role she’s held since 1997. She’s become chief brand ...

On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely ...

Italian luxury fashion house Prada has reached a deal with US group Capri Holdings to buy rival fashion house Versace for 1.25 billion euros ($1.38 billion). This acquisition comes after Donatella ...

The coming together of Prada and Versace is seen as a counter to the world dominance of French fashion. Donatella Versace, who had managed Versace and spread its wings after her brother Gianni and ...

(Source: Getty Images) Current Versace brand ambassador and former chief creative director, Donatella Versace, stated in an Instagram Post that she is “absolutely delighted” by the news.

Guerra added that the recent creative shakeup at Versace, with Miu Miu head of design Dario Vitale replacing Donatella Versace as creative director effective April 1, had nothing to do with the deal.

Guerra added that the recent creative shakeup at Versace, with Miu Miu head of design Dario Vitale replacing Donatella Versace as creative director effective April 1, had nothing to do with the deal.

Australia's Next Top Model finalist Lucy Markovic, 27, has died after brain surgery. Carla Mascarenhas is the NSW correspondent covering breaking news, state politics and investigations. She is ...

Prada has officially acquired Versace for $1.4 billion, marking a bold merger of Italian fashion titans. With Donatella stepping down, the industry braces for a new era of glam meets restraint.