(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 ...

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 ...

Last week’s big Italian fashion news is the stuff of an Edith Wharton novel: Miuccia Prada, the intellectual matriarch of an old-money fashion behemoth from the chilly, stylish north comes ...

An Australian supermodel best known for her appearance on “Australia’s Next Top Model” has died at the age of 27. Lucy Markovic died “after a brave battle with a brain AVM (arteriovenous ...

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.