Emmanuel Gintzburger resigns as chief executive of Versace effective earlier this week as the Prada Group begins integrating the label it bought for €1.25B from Capri Holdings.Pieter Mulier will take creative charge next week and Prada Group says it will announce a new governance structure to align Versace with group strategy.Versace closed last year with €684M in sales but operating losses, and Prada expects losses to continue during a restructuring focused on product, distribution and full-price sales.Lorenzo Bertelli, as executive chair of Versace for Prada Group, and other executives are leading a gradual turnaround while communications chief Eloise Hautcoeur leaves for Loewe.