After nearly three decades as creative director, Donatella Versace is stepping down from her role at her family’s fashion house. The announcement comes after years of clashes between the designer and the American businessman who acquired her family’s brand. WSJ’s Suzanne Kapner unpacks the drama and discusses what it means for the fashion house. Further Reading: -Inside the Versace Clash Between Donatella and the ‘American Cowboy’ CEO -Donatella Versace to Step Down as Chief Creative Officer of Versace -The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead Further Listening: -The Resurrection of Abercrombie & Fitch -Old Navy Tried to Make Sizes for All. It Backfired. Learn more about your ad choices. Visit megaphone.fm/adchoices
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