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(Source: Getty Images) Current Versace brand ambassador and former chief creative director, Donatella Versace, stated in an Instagram Post that she is “absolutely delighted” by the news.

Guerra added that the recent creative shakeup at Versace, with Miu Miu head of design Dario Vitale replacing Donatella Versace as creative director effective April 1, had nothing to do with the deal.