Versace’s New Creative Director Is…
As the dust settles on Dario Vitale’s whirlwind ouster from Versace, the Prada Group’s likely new creative director reveals a more practical rationale for his departure—and offers some clues about the group’s vision for the storied luxury brand.
Lauren Sherman
December 15, 2025
The Machiavellian drama surrounding Dario Vitale’s ouster from Versace has been all the rage in the industry for the last number of days. As I revealed last week, Vitale found himself in an unenviable personal pickle—having scorned Miuccia Prada by leaving Miu Miu for Versace, where he may have slightly alienated namesake Donatella, only to find himself serving his former mistress following the Prada Group’s acquisition of the brand from Capri. Yes, yes, Vitale showed an impressive collection at Versace, but loyalties run deep in this industry.
Anyway, Vitale never stood a chance to return to the Prada Group. Beneath this personal dynamic, there was also a relatively practical reason for his departure. Long before the Prada Group had even formally bid on the brand—before Vitale had even left Miu Miu—the leadership team had already begun favoring a different designer for the creative director role at Versace. In fact, according to people inside Versace and the greater Prada Group, company leaders had already informally assigned the job to a more experienced and pedigreed designer with decades of brand-building experience and commercial success, not to mention a deep connection to the group: Pieter Mulier, the current designer of Alaïa.
I’ll insert the requisite caveat here: Negotiations break down at the eleventh hour; contracts get torn apart; people change their minds. But as of late last week, everyone involved was certain that Mulier would be joining the business. I reached out to every company involved—the Prada Group, Versace, and Alaïa—for comment. A rep for the Prada/Versace side said that they are not commenting on any rumors or speculation regarding the appointment, but that the in-house team is currently working on the Fall/Winter 2026 collection.
Mulier, of course, managed to transform Alaïa alongside C.E.O. Myriam Serrano into a commercially viable business that accelerated as competing brands slowed down. Mulier is also a longtime collaborator of Prada’s Raf Simons—the two men worked together for decades, both on Simons’ namesake brand, but also Jil Sander, Dior, and Calvin Klein. There was a hope inside the industry that Mulier would stick with Alaïa for another few years at least. After all, it’s one of just a handful of recent success stories, with sales primarily fueled by the popularity of the brand’s netted ballet flat, and backed up by novel bags and a sellable ready-to-wear collection that has influenced pretty much every other brand around. (Even at Target the other day, I spotted a dance dress in the vein of Mulier.)
And yet for Richemont, which owns Alaïa, fashion and accessories will never be a priority. The group has paid more attention to Alaïa and Chloé in the last couple of years, but its core business is still hard luxury. And while I have heard that you can expect Richemont to become more acquisitive in the coming years, thanks to the success of Cartier and Van Cleef & Arpels in particular, I’m not sure fashion brands will be a serious target.
Versace, on the other hand, represents the biggest opportunity in fashion. When Capri overpaid for the business in 2018, I remember that group C.E.O. John Idol noted Versace’s promise—despite business fatigue, the brand had incredible name recognition among consumers. That reach has only expanded over the past seven years, thanks in part to the social media prowess of Donatella Versace herself, the longtime creative director. Sales have not grown in lockstep, however, and the Prada Group obviously recognized that it needed the assistance of a veteran designer, with commercial, editorial, and brand development chops. Even regardless of any ruffled feathers between Prada and Vitale, Mulier presented a much surer bet.
The Belgians Are Coming
My understanding is that the Richemont and Alaïa teams have some say in the timing of this announcement, which could be months away. Meanwhile, Mulier continues to post Alaïa products on his Instagram, which tells me that they are going to try to make this transition as peaceful and respectful as possible. It’s still unclear whether Versace’s executive unit will stay in place, but the Prada Group would be smart to poach Serrano, too. No matter, I have been told that Versace will present a collection in Milan next February—the show, after all, must go on.
If this all goes down as many people believe it will, what might Mulier’s Versace look like? In a recent issue of Self Service, Mulier actually referred to Versace as a fount of his inspiration. The most impressive thing about Mulier’s tenure at Alaïa has been his ability to respect what Azzedine Alaïa built without catering to it outright. I suspect he’ll strike the same sort of balance at Versace, no matter the depth of participation from Donatella, who still wishes to be involved in the design process. With the right shoe and apparel strategy—bags will be trickier—I believe Versace could grow as quickly as Miu Miu has in the past decade, doubling sales in some years. Versace also occupies some of the best real estate in the world—one of the reasons the Prada Group wanted to buy it.
Mulier’s reunion with Simons is another reminder of the tremendous influence that both designers—along with Chanel’s Matthieu Blazy, another former collaborator—have had on the modern fashion industry. If you look back at their tenure at Calvin Klein, in particular, you can see their individual contributions to each collection. And now it’s clear how remarkably talented each of them is on their own. Mulier’s arrival in Milan also marks yet another Belgian in the city: With Simons at Prada, MeryllRogge at Marni, Glenn Martens at Margiela and Diesel, and Mulier at Versace, the little country is taking over the big city.