March 13 (Reuters) - Capri Holdings ( CPRI ) said on
Thursday Versace brand's chief creative officer, Donatella
Versace, will step down and hand over the reins to Italian
luxury brand Miu Miu's Dario Vitale.
The move comes amid reports earlier this month that Italy's
Prada was moving closer to a deal to buy Versace from
Capri after agreeing to a price of nearly 1.5 billion euros
($1.6 billion).
(Reporting by Savyata Mishra in Bengaluru)