Donatella Versace, who helped to ensure the survival of the family fashion empire after the killing of her brother Gianni almost three decades ago, is to step down as the brand's chief designer, its owner announced on Thursday.

Donatella took over the brand after the murder of her brother, Gianni Versace, its founder, in 1997. Her bold creative vision and unique style have been instrumental in preserving the Versace legacy.

Donatella Versace has been replaced as creative director of the fashion house founded by her late brother Gianni Versace and will assume a new role.