The news comes after a release on Thursday announcing that John D. Idol, the chief executive officer of Capri Holdings, which owns Versace, Michael Kors and Jimmy Choo, called the decision 'part of a thoughtful succession plan'. The change comes as Capri is reportedly, according to the New York Times, considering the sale of Versace after the Federal Trade Commission blocked an attempted merger with Tapestry, the owner of Coach and Kate Spade. Vitale's appointment signals a new era for Versace as the brand seeks to balance its nostalgia-rich references with a fresh perspective. His experience at Miu Miu, the frontrunner in the luxury sector at the moment, positions him well to lead Versace into its next chapter. Vitale is expected to debut his first collection for Versace during Milan Fashion Week in September 2025.