Donatella Versace has been replaced as creative director of the Italian luxury fashion house founded by her late brother ...

American fashion designer Michael Kors founded the fashion house Capri Holdings as the holding company for his namesake brand ...

Shares of Versace-owner Capri Holdings climbed after the company said Donatella Versace would step down as chief creative officer of her family's high-end fashion house following nearly three decades ...

Fashion insiders say it's a "big mistake...huge" to oust Donatella Versace out of her family company after it was announced the designer was stepping into an honorary role.