Versace & Donatella Versace

Versace: Versace was acquired by Prada for $1.38 billion, returning it to Italian ownership and providing a platform for growth after operating at a loss. The deal is expected to bring new customers to Prada and help Versace compete with larger luxury rivals.

Donatella Versace: Donatella Versace stepped down as chief creative officer of Versace prior to the acquisition by Prada. She expressed admiration for the Prada family and readiness to support the brand's new era.

Versace: Versace was acquired by Prada, offering a new path for revival after struggling under Capri Holdings and maintaining its creative DNA.

Donatella Versace: Donatella Versace stepped down as creative director of Versace and assumed the role of chief brand ambassador.

Versace: Versace was acquired by Prada for $1.375 billion, with the expectation of a creative relaunch and improved market performance after underperforming under Capri Holdings. It will now be integrated into Prada's manufacturing system.

Donatella Versace: Donatella Versace welcomed the deal on Instagram, acknowledging Versace joining the Prada family and remembering her late brother, Gianni Versace.

Versace: Versace is a high-end brand that Lucy Markovic worked for, and its former creative director, Donatella Versace, paid tribute to her.

Donatella Versace: Donatella Versace, former creative director of Versace, honored Lucy Markovic after her death.