Jennifer Lopez reveals why her stylist asked her not to wear the iconic Versace dress
The fashion world is undergoing change.
Less than one month after Donatella Versace— Sister to the brand’s late founder Gianni Versace Who took over After his murder from 1997 –went off from their role Prada has bought it from the creative director from the iconic fashion brand for a huge $ 1.4 billion.
Prada group, which includes Prada and its protruding brand Miu Like other subsidiaries in food and fashion, announced the significant sales in a statement released on April 10 and said Per Associated Press That Versace’s “very recognizable aesthetics” will make a “strongly complementary addition” to Prada’s portfolio.
Prada, which is helped by Miuccia Prada—Daughter to the founder Mario Prada-Noted that Versace offers a segue in previously “unused growth potential” for the brand. “
“Versace will retain its creative DNA and cultural authenticity,” continued the statement from Prada, “while favored the full strength of the group’s significant consolidated platform, including industrial ability, retail design and operational expertise.”