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Versace names Dario Vitale its new creative chief as Donatella becomes brand ambassador

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And the merry-go-round of creative directors continues. On Thursday, Capri Holdings announced big news — Versace’s chief creative officer Donatella Versace is stepping down from that role and will assume the new role of chief brand ambassador.

Dario Vitale – ph Stef Mitchell – Lowres

Stepping into her shoes? Capri CEO John D Idol said that “Dario Vitale will be joining the House of Versace as its new chief creative officer. He is a strong design leader, and we are confident that his talent and vision will be instrumental to Versace’s future growth”. 

Formerly design and image director at Miu Miu, he takes up the post on 1 April with his predecessor saying that “championing the next generation of designers has always been important to me. I am thrilled that Dario Vitale will be joining us, and excited to see Versace through new eyes”.

There was no mention of the possible sale by Capri of the Versace business nor of whether Prada might end up as its eventual owner. It’s certainly interesting that Vitale comes from Prada-owned label Miu Miu. Reports earlier this month suggested Prada was moving closer to a deal to buy it for almost €1.5 billion.

Vitale himself said he’s “truly honoured to join Versace… and to be a part of this special and powerful fashion luxury House created by Gianni and Donatella. The House of Versace has a unique heritage that has spanned decades and has shaped the history of fashion. I want to express my sincere thank you to Donatella for her trust in me, and for her tireless dedication to the extraordinary brand that Versace is today. It is a privilege to contribute to the future growth of Versace and its global impact through my vision, expertise and dedication.”

It’s a big change for the business with Donatella having been in creative control since the death of her brother and label founder Gianni Versace in 1997.

She will now “dedicate herself to the support of Versace’s philanthropic and charitable endeavours and will remain an advocate for the brand globally”.

Donatella Versace
Donatella Versace

Clearly the company isn’t one that favours a rapid turnover of creative directors and Capri chief Idol added that the latest changes are “part of a thoughtful succession plan for Versace”.

Donatella also said: “I want to thank my incredible design team and all the employees at Versace that I have had the privilege of working with for over three decades. It has been the greatest honour of my life to carry on my brother Gianni’s legacy. He was the true genius, but I hope I have some of his spirit and tenacity. In my new role as chief brand ambassador, I will remain Versace’s most passionate supporter. Versace is in my DNA and always in my heart.”

Meanwhile CEO Emmanuel Gintzburger paid tribute to the outgoing creative chief and her successor, saying: “Versace is what it is today because of Donatella Versace and the passion she has brought to her role every day for nearly 30 years. I am confident in the company and where it stands today, as we are well-prepared for the organisation to write this new chapter for the house. Dario Vitale is a rare talent, who deeply respects the essence and values of Versace and clearly understands it’s growth potential. We are convinced that his experience and vision will bring a new perspective to the brand.”

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Deputy CEO Giuseppe Musciacchio exits the company

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Translated by

Nazia BIBI KEENOO

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March 14, 2025

Arena is making waves in the executive world. The Italian swimwear giant, renowned for its high-performance swimwear, goggles, and accessories, has announced a major leadership change. Deputy CEO Giuseppe Musciacchio is stepping down, marking a new chapter for the brand. As of March 11, he has officially left all positions within Arena’s Board of Directors and its affiliated companies.

Giuseppe Musciacchio is now the former Deputy CEO of Arena – Arena

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Musciacchio has been with the Tolentino-based brand for the past 18 years, gradually expanding his responsibilities since mid-2016 as Co-CEO and from mid-2021 as Deputy CEO. “Musciacchio has played a significant role in the development of Arena’s brand and business on a global scale, positioning the three-diamond brand as a key reference in the international swimming and aquatic sports community,” the company stated.

As of March 10, 2025, the group’s Executive Leadership team consists of Peter Graschi (CEO), Damiano Cafiero (CFO), Giorgio Farinelli (COO), Luca Belogi (CSO), Mark Pinger (General Manager North America), and Florian Übleis (CDSO).

“The Board of Directors is actively working to identify a successor and will announce further plans soon. In the meantime, Peter Graschi will take over Giuseppe Musciacchio’s responsibilities,” concluded the company, founded in 1973 by Horst Dassler, the German entrepreneur and son of Adolf (Adi) Dassler, the creator of Adidas. Dassler revived the Arena name—originally used a year prior for canvas shoes—capitalizing on the success of Mark Spitz at the 1972 Munich Olympics, where he won seven gold medals and set seven world records.

He secured Spitz under contract and acquired the Arena brand name from a company in Nîmes, near the city’s Roman amphitheater, registering it internationally. Arena made its official debut at the 1974 European Swimming Championships in Vienna. The Swiss investment firm Capvis acquired Arena in 2014.

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Prada’s CEO flies to New York as speculation swirls over Versace bid

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Reuters

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March 14, 2025

Luxury fashion powerhouse Prada is making bold moves. CEO Andrea Guerra has reportedly flown to New York, a source told Reuters, as the group engages in talks to acquire Versace from Capri Holdings—a deal that could bring together two of Italy’s most iconic fashion names.

A source revealed that on his visit to the U.S. financial hub, Prada CEO Andrea Guerra is joined by Lorenzo Bertelli, the son of the group’s key shareholders, Miuccia Prada and Patrizio Bertelli, who also serves as chief marketing officer.

Meanwhile, Capri Holdings, based in New York, announced on Thursday that Donatella Versace is stepping down as the brand’s main designer after nearly three decades.

Starting April 1, Dario Vitale, a designer from Miu Miu, a smaller brand within the Prada Group, will step into Donatella Versace’s role as chief creative officer of the Medusa-head brand. According to Morningstar analysts, this strategic move could pave the way for a potential Prada-Versace acquisition.

Prada declined to comment, and Reuters could not confirm whether Guerra’s trip was directly linked to discussions with Capri Holdings regarding a possible Versace deal.

Earlier this month, reports surfaced that Prada was nearing a €1.5 billion ($1.64 billion) agreement to acquire Versace. On February 20, a source told Reuters that Prada had been granted four weeks to review the financials of its smaller rival.

Beyond Versace, Prada is also rumored to be eyeing Jimmy Choo, another Capri Holdings brand, further signaling its ambitious expansion plans.

($1 = 0.9168 euros)

© Thomson Reuters 2025 All rights reserved.



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Umbo celebrates Manchester roots via ‘Northern Quarter’ collection, campaign

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British sportswear brand Umbro heads back to its Northern roots for the release of its collection and campaign for Spring/Summer 2025.

The new ‘Northern Quarter’ collection and supporting promo gains inspiration from “the authenticity and creativity of the brand’s home city Manchester, with the line “bringing Umbro’s sports heritage up to date with a casual street-savvy swagger”.

Umbro says it continues to shape the global landscape of sportswear, “defining style both on and off the pitch”. 

Recent partnerships, including with Palace, Supreme, and Aries, “have helped cement Umbro’s pioneering reputation within the sports fashion space”, it said. 

So this season, the brand refocuses on the place where it all started, “acknowledging its roots and archive, while incorporating a renewed and forward-thinking design code inspired by Manchester’s relentlessly vibrant and creative Northern Quarter”.

The football heritage-inspired collection “reinterprets archive classics through a contemporary lens”.

Key hero pieces include the Zip-Off Sleeve Wind Jacket (£90), which takes inspiration from the
track jacket Umbro produced for the England team in 1998; the Washed Drill Top (£67) and Washed Diamond Drill Sweat (£80), which directly reference the drill tops of the 1990s “embraced by players and fans alike”. They come reimagined in washed cotton with additional details including integrated pockets,

The campaign supporting the collection launch was shot by Jay Johnson and spotlights Northern Quarter’s new generation including Jefe, a socially conscious barber and former basketball player; street artist Tomas Gittins; and ‘Gone Fishing’ vintage store owner Seb Dixon.

“Each embodies the creative, entrepreneurial, and inclusive spirit of Manchester’s Northern Quarter”, notes Umbro.

The just-launched collection is available at umbro.co.uk as well as selected stockists including END, Size, Urban Outfitters and ASOS.

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