Prada Group officially acquired Versace on Tuesday in a $1.25 billion deal . It’s a new beginning for Versace, but curtains for creative director Dario Vitale, who made a powerful and much talked-about debut show in September — his first and last for the house. He will exit the brand on 12 December.

“We would like to sincerely thank Dario for his outstanding contribution to the development of the brand’s creative strategy during this transition period, and we wish him all the very best in his future endeavors,” the brand said in a statement.

There’s been much speculation around Vitale’s potential departure. Vitale was hired in March shortly before the Prada Group sale was announced in April, replacing Donatella Versace as the first non-family member to helm the brand. The Neapolitan

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