Donatella Versace has spent decades turning fabric into fantasy and the red carpet into her personal runway. She’s the woman who made Jennifer Lopez’s jungle dress at the 2000 Grammys so iconic that Google Images had to be invented to keep up with the demand for it.

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.

Donatella Versace has been at the forefront of the fashion world since 1997 when she became the creative director of Versace following brother Gianni Versace’s death. Just as the luxury fashion brand has evolved through the years,

Italian luxury house Versace has named its successor to Donatella Versace, who is stepping down as chief creative officer, a role that she has held since 1997.

Donatella Versace took the reins of her family's eponymous brand after the July 1997 murder of her brother Gianni, the famed Italian fashion designer.

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.

Jennifer Lopez is celebrating an icon. After Donatella Versace announced she is stepping down as chief creative officer of Versace, JLo took a moment to honor her longtime friend and collaborator with a heartfelt tribute.