End of season for Versace. Donatella Versace is going to resign from his creative home address after nearly three decadesOwner Capri Holdings announced on Thursday.

Donatella, 69, will take on the role of the brand’s head of the brand from next month, delivering the design to Dario Vitale, who is part of the Italian luxury brand Miu Miu, part of Prada 1913. Froup.

“It was the greatest honor of my life to continue my brother’s heritage Gianni. It was the true genius, but I hope I have some of his spirit and perseverance,” said Donatella, who took over after Gianni’s assassination in Miami in 1997.

“The emergence of the next generation of designers has always been important to me. I am excited that Dario Vitale will be with us, and excited to see Versace with a new look,” added.

Her decision comes in the midst of reports that Prada is close to Agreement on the purchase of Versace by Capri, having agreed at almost a price 1.5 billion euros.