The fashion world saw a dynamic shift as Donatella Versace stepped down as Versace's creative director after nearly 30 years.

Dario Vitale helped make Miu Miu a top fashion brand. Now he's set to be Versace's chief creative officer, a role Donatella Versace held for 28 years.

Donatella’s leadership has been instrumental in maintaining Versace’s reputation for bold, glamorous designs. However, Capri’s focus on profitability has led to a shift in direction, including a push for more accessible products and higher price points. The brand's revenues have reportedly declined, prompting discussions of a sale.