After nearly three decades as creative director, Donatella Versace is stepping down from her role at her family’s fashion house. The announcement comes after years of clashes between the designer and the American businessman who acquired her family’s brand. WSJ’s Suzanne Kapner unpacks the drama and discusses what it means for the fashion house. Further Reading: -Inside the Versace Clash Between Donatella and the ‘American Cowboy’ CEO -Donatella Versace to Step Down as Chief Creative Officer of Versace -The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead Further Listening: -The Resurrection of Abercrombie & Fitch -Old Navy Tried to Make Sizes for All. It Backfired. Learn more about your ad choices. Visit megaphone.fm/adchoices
What major announcement is made at the start of the episode?
Hey, Kate.
What's up, Ryan?
Thanks for popping in the studio.
My absolute pleasure.
I understand that you have something that you want to share with our listeners.
I do. It's kind of a big thing. After six years on the show, I am taking a new job and will be leaving our podcast. I'm going to be the Wall Street Journal's new corporate news editor.
Congratulations. Thank you. How does it feel?
All the feels, Ryan. I've got all the feels because working on this podcast with you and all of our producers and editors and engineers has been... the best. And bringing the news every day, telling our listeners about the money, business, and power stories has been so much fun. And I'm going to miss doing this with you and especially connecting with our listeners every day.
It's been so much fun to work with you, Kate, over the last six years on this show. And I know that I can speak on behalf of everybody when I say we're going to miss you a lot. I don't know who's going to miss you more, me or our listeners.
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