Donatella Versace Steps Down as Creative Chief After 28 Years

Donatella Versace, one of the world’s best-known designers, is stepping down as chief creative officer of the brand that bears her family name, marking the end of an era for the fashion house that could soon change hands.

Versace, who took over the role in 1997 from her late brother Gianni after he died, will remain involved as chief brand ambassador, supporting the Italian company’s philanthropic efforts, the company said Thursday. Former Miu Miu executive Dario Vitale will succeed her.