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Prada has completed its acquisition of Versace from Capri Holdings, aiming to revitalize the brand. Lorenzo Bertelli will lead as chairman, with a focus on growth and creative renewal. The deal marks a strategic move to tap into Versace’s untapped potential amid a creative relaunch.
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Ralph Lauren revealed the official uniforms for the 2026 Milan-Cortina Winter Olympics, featuring patriotic designs for opening and closing ceremonies, as well as a new Team USA collection. The outfits emphasize American craftsmanship and timeless style, with athletes' feedback shaping the designs. The collection is now available to the public.
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Valentino Garavani, the iconic Italian fashion designer known for his signature 'Valentino red' and dressing global elites, died on January 19, 2026, at age 93. His funeral will be held Friday in Rome, with a lying in state at his foundation's headquarters. Valentino shaped Italian haute couture and dressed generations of celebrities and royals.