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-0.000362187613183686 -0.000362187613183686 -0.000543281419775464 -0.000181093806591907 0.000724375226367243 0.00181093806591804 0.00181093806591804 0.00181093806591804
Stock impact report

Versace designer makes shock exit despite stellar debut [CNN]

Capri Holdings Limited Ordinary Shares (CPRI) 
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am Check Earnings Report
Company Research Source: CNN
Vitale, the recently installed creative head who showed a surprisingly well-received collection in Milan in September, is departing the brand. “Versace and its Chief Creative Officer, Dario Vitale, have mutually agreed to part ways effective from December 12th, 2025,” the brand said in a statement. “We would like to sincerely thank Dario for his outstanding contribution to the development of the brand's creative strategy during this transition period, and we wish him all the very best in his future endeavors.” The news comes just two days after Prada Group closed a deal to acquire Versace for $1.44 billion . That deal, announced in April, one month after Vitale was appointed, led to industry speculation as to whether the designer would continue in his role. You don't spend a cool billion on a fashion brand just to uphold the status quo. The statement on Vitale's departure was signed by new executive chairman Lorenzo Bertelli, the son of Prada executive director and co-creative d Show less Read more
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