Dana Thomas wrote for Newsweek, "The Tragic Decline of the House of Versace". "Many in the fashion industry believe it's time for the brand to continue without Versace family involvement — and some suggest that the family is starting to accept this idea too. Last year, Santo [Versace, Donatella's brother and former CEO of the company] was elected to the Italian Parliament. Allegra Beck Versace, 50 percent company heir has been attending Brown University. So will Donatella remain at the helm? 'Maybe,' say former Versace executive. Maybe not, which after a decade of turmoil, may be
the best thing for the
company after all." -Newsweek
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