Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talk of a sale of the business to rival Italian fashion house Prada. Donatella,

Italian luxury house Versace has named its successor to Donatella Versace, who is stepping down as chief creative officer, a role that she has held since 1997.

ROME (AP) — Donatella Versace has been replaced as creative director of the fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace’s U.S. owner Capri Holdings announced on Thursday.

Donatella Versace will step down as creative director of the luxury fashion house that bears her family name after nearly three decades and make way for Miu Miu designer Dario Vitale.

Dario Vitale helped make Miu Miu a top fashion brand. Now he's set to be Versace's chief creative officer, a role Donatella Versace held for 28 years.