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flag Donatella Versace steps down as Versace's creative director; Dario Vitale takes over, fueling Prada acquisition talks.

flag Donatella Versace, who has led Versace for nearly three decades, is stepping down as creative director and will become the brand's chief brand ambassador. flag Dario Vitale, formerly the design director at Miu Miu (owned by Prada Group), will take over her role effective April 1. flag This transition has fueled speculation about a potential acquisition of Versace by Prada. flag Despite reports of a possible €1.5 billion deal, Capri Holdings, Versace's current owner, has not confirmed any plans to sell the brand.

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