Donatella Versace, one of the world’s best-known designers, is stepping down as chief creative officer of the brand that bears her family name, marking the end of an era for the fashion house that could soon change hands.

Donatella Versace stepping down as the main designer for the Versace brand after almost three decades marks the ''end of an era,'' said Lena De Casparis, Deputy Editor of Elle UK.

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.