June 6, 2009
Versace CEO hands in resignation
The chief executive of Italian fashion house Gianni Versace SpA has resigned, the firm says, after apparently running afoul of designer Donatella Versace.
The company announced Friday that Giancarlo Di Risio was leaving in a
mutual decision to close their professional relationship, The Wall Street Journal reported.
Di Risio was hired in 2004 to rescue Versace from a financial downturn that struck in the aftermath of the 1997 slaying of founder Gianni Versace, the newspaper said.