Donatella Versace, the sister of late Gianni Versace, has been a prominent figure in the fashion industry for decades. However, there has been some confusion among fashion enthusiasts about her current involvement with the iconic brand.
Donatella’s Rise to Success
Donatella Versace started her career in the fashion industry as a freelance designer for her brother Gianni Versace’s label. She quickly rose through the ranks and became a key figure in the brand’s creative team. Her unique design perspective and innovative ideas helped to shape the brand into what it is today.
After Gianni’s tragic death in 1997, Donatella took over as the creative director of Versace. She continued to build on her brother’s legacy and created some of the brand’s most iconic collections.
The Acquisition of Versace
In 2018, rumors began to circulate that Michael Kors Holdings Limited was interested in acquiring Versace. The acquisition was confirmed later that year, with Michael Kors Holdings purchasing the company for $2.1 billion.
Many people were concerned about Donatella’s future with the company following this acquisition. However, it was announced that she would remain as the creative director of Versace. In fact, she even received an equity stake in Capri Holdings Limited, which is now the parent company of Versace.
Donatella’s Current Role at Versace
Despite some initial concerns about Donatella’s involvement with Versace after its acquisition by Michael Kors Holdings, she remains very much involved with the brand today.
As the chief creative officer of Versace, Donatella continues to oversee all aspects of the brand’s creative direction. She is responsible for designing collections that capture both her own unique vision and that of her brother Gianni.
The Bottom Line
So, is Donatella still part of Versace? The answer is a resounding yes. Although the brand has been acquired by Michael Kors Holdings Limited and is now under the umbrella of Capri Holdings Limited, Donatella remains an integral part of the brand’s creative team.
Her unique design perspective and her close ties to the brand’s heritage make her an essential figure in shaping the future of Versace. So, fashion enthusiasts can rest easy knowing that Donatella will continue to be a driving force behind one of the world’s most iconic fashion brands for years to come.