Prada
New shareholder continues Versace makeover

By Zélie de Crécy

Published on 16.06.2026 at 05:00 GMT Reading time 2 min

Having overhauled Versace's senior management team, as previously revealed by Glitz, Prada is now replacing other managers further down the chain. These departures come in the wake of dismissals that took place before Prada acquired the Milanese brand, some of which are being contested in the employment tribunals.

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Glitz relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Spotlight | Prada family
Moon missions and bitcoin: what the Italian luxury dynasty does with its dividends

This spring, Miuccia Prada set up a new entity in an already complex ecosystem of family holdings. The leading Italian luxury family's dividends go back into such structures, which operate in domains as diverse as real estate, cryptocurrency, art and space exploration.

Subscribers only Italy Families 09.06.2026

The wealth generated by Miuccia Prada and her clan extends far beyond the catwalks, funding space exploration, reshaping Milan and building an art collection.

Spotlight | Versace
Prada family rebuilds the top of the house that Gianni built

A major shake-up is underway at Versace, which was bought by its fellow Italian luxury label at the end of last year. Its new executive chairman, Lorenzo Bertelli, has been dismissing senior managers one by one and replacing them with Prada executives.

Subscribers only Italy Houses 12.05.2026

Lorenzo Bertelli, Miuccia Prada’s son and head of Versace, is ringing in the changes at the Italian label.

Spotlight
The prospective bidders with Versace and Jimmy Choo on their Christmas wishlists

Capri Holdings' scuppered merger with Tapestry has prompted it to throw two iconic brands overboard as it urgently needs cash to get its sinking Michael Kors back on an even keel. Versace and Jimmy Choo's potential suitors should make themselves known before Christmas.

Subscribers only Italy, United States Houses 19.12.2024

Versace back on the market after Capri-Tapestry ruling?

Before deciding last year to merge with Tapestry, Capri Holdings had considered the possibility of selling one of its major brands, Versace. Now that the US regulator has objected to the Capri-Tapestry merger, this sale could be back on the cards, whether the merger is blocked or not.

Subscribers only United States Houses 24.10.2024

Headlines

Spotlight | Kering Luca de Meo casts his net wide for fresh investments Dior Jonathan Anderson switches hatmakers Wertheimer family Chanel shareholders streamline their family portfolios Estée Lauder CEO's promised millions remain virtual Richemont Ailing Delvaux forced to shutter chic Paris store