Donatella Versace at the 2025 Vanity Fair Oscar Party.
Photo: Taylor Hill/Filmmagic
On Thursday, Hours before some other Big Fashion News Dropped, Versace announced ivi iconically bleach-blonde Matriarch was stepping as chief creation officer. Donatella, Now 69, LED the brand for Nearly Three Decades after Late Brother Gianni’s Death. Miu Miu Design Director Dario Vitale is Taching Over The Brand’s Design, and Donatella Will Move Into A Chief Brand Ambassador Role, Focus on Philanthropy and, Presumably, Continuing to Live Her Life Like A fabulous Zoolander character.
How’s Donatella Taking The Transition? For some one who Once Said She Woodd have a “nervous breakdown, probably” if she weren’t running her family Brandshe seers to be doing okay. On Thursday, she reposted Doses of tribes from Collabors and Famous Friends Including Madonna, Naomi Campbell, Shakiraand I love lipa. And then she let loose. Someone Posted a Clip from what look like retirement party, where donatella Celebrated as Only donatella can: on the dance floor, surrounded by her team, Dancing Along to Lady Gaga 2013 Campy Anthem “Donatella”: “I’m blonde, i’m skinny, i’m rich, and i’m a little bit of a bitch. ”
Donatella’s Step Back from HER FAMILY’S BUSINESS NEARLY SEVEN AFTER AFTER SOLD The Company to Michael Korsi’s Parent, Capri Holdings, for $ 2.1 Billion. Before that sale, a former ceo described versace as a “sleeeping giant” becuse it reputation loomed so much than its actual sales. But the last few years haven’t exactly delivered the wake-up call analysts hoped. In 2024, Versace Sales Declined while Capri TRIED and Failed to Merge with Coach’s Parent Company, Tapestry. And Wwd reported That Donatella was clashing with Capri’s CEO, John Idol, Over Strategy.
Now, Reuters and Other industry publications are Reporting that versace is set to change ownership once again. The Word is Prada is Close to Signing a Deal to Buy Versace for Around $ 1.6 Billion. As for Donatella? She’ll still be involved as the brand’s “Most Passionate Supporter,” Accounting to the Official Announcament of Her New Role. “Versace is in my dna and always in my Heart.”
