Versace news and archive

Could Pieter Mulier be moving to Versace?

Fashion might still have one last big surprise in store before the year ends. With Versace’s creative director position once again vacant, speculation has been rife – but some believe the mystery could be solved sooner rather than later. According to multiple media outlets, including WWD, Alaïa creative director Pieter Mulier is expected to join...

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Dario Vitale to exit Versace after a single season

In what might have been one of fashion’s quickest turnarounds, Dario Vitale is exiting Versace less than three months after unveiling his vision for the Italian fashion house. The designer, who was officially announced in March 2025 as Donatella Versace's successor, has left the brand, as reported by Women’s Wear Daily on Thursday. Versace...

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Business

Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions. Milan prosecutor Paolo Storari issued requests for information about alleged abuses by the brands,...

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Capri's post-Versace reset: Michael Kors preps 'modern glamour' revival

Capri Holdings officially offloaded Versace this week, marking a “seminal moment” for a company now seeking to reset and refocus. The US fashion giant has maintained its stance that the divestiture is not a retreat, but a liquidity-backed strategic reboot, positioning Michael Kors as its growth engine. Capri’s outlook post-Versace sale was...

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Prada Spa completes acquisition of Versace

Prada Spa announces the completion of the acquisition of Versace from Capri Holdings today. This follows the receipt of all required regulatory approvals. The group's brand portfolio has therefore expanded. It now includes Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824 and Luna Rossa. The ready-to-wear, leather goods, footwear and...

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Prada heir to head Versace after buy-out

Lorenzo Bertelli, the son of designer Miuccia Prada, said Wednesday he will become executive chairman of Versace following the Prada Group's takeover of its smaller Italian rival. Prada announced in April it was buying Versace from US group Capri Holdings for 1.25 billion euros (1.4 billion dollars). Bertelli, currently Prada's group chief...

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Capri Holdings slips into red in second quarter

US fashion group Capri Holdings Limited slipped into the red during the second quarter of its 2025/26 financial year. The company also experienced a decline in revenue. However, the results, published on Tuesday, exceeded management's expectations. In the most recent quarter, which ended on September 27, revenue from continuing operations...

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Armani acquisition unlikely for Prada Group, says CEO Andrea Guerra

The Armani Group does not appear to be in Prada's future. “I don't think it will happen,” said Andrea Guerra, chief executive officer of the Prada Group, yesterday during a conference call with analysts for the presentation of data for the first nine months of 2025. Guerra was responding to a question about whether the group might enter the deal...

Culture

Donatella Versace to chair Latin American Fashion Awards jury

Donatella Versace will preside as President of the Jury for the second edition of the Latin American Fashion Awards, set to take place from 6–9 November 2025. The appointment represents a notable endorsement of the region’s creative force by one of fashion’s most influential figures. Founded by Constanza Cavalli Etro and Silvia Argüello, the...

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Fashion

The hits - and misses - of the Spring Summer 2026 debuts

For months the fashion industry has been speculating, discussing, and looking for clues about what would become one of the most significant fashion weeks of the decade. After a wave of new creative director appointments, everyone was waiting for that a-ha moment — the one that signals a clear shift in direction. Would it be a full revolution?...

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EU green lights Prada's bid for Versace

The EU on Tuesday cleared Italian fashion label Prada's 1.25-billion-euro (1.5-billion dollars) purchase of rival Versace after finding the acquisition raised no competition concerns. The bid comes after Donatella Versace ended nearly 30 years as creative director of Versace. The European Commission said it concluded the purchase "would not...

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Fashion

Milan Fashion Week was a season of reckoning and renewal

Milan Fashion Week this September was as much an event behind the scenes as it was on the runway. The tides of fashion have rarely shifted as abruptly as in 2025, and both the spectacle and the machinery of the industry now unfold under intense scrutiny. According to the Camera Nazionale della Moda Italiana, Italy’s fashion industry generates...