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    Monday, June 1, 2009 | MANILA, PHILIPPINES

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    Arts & Leisure

    Versace CEO to leave fashion house — source

    MILAN — Versace Chief Executive Giancarlo Di Risio is to leave the celebrity-favorite fashion house and the move could be announced late next week, a source close to the situation said on Thursday.


    Newspapers have recently speculated about Di Risio leaving the company. Daily Il Sole 24 Ore last week said he and design head Donatella Versace were "close to a divorce" because of disagreement over strategy.

    "It is all confirmed, the story between him and the company is finished," the source said, adding that the move could be made late this week after a long holiday weekend in Italy.

    "They are agreeing it all."

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