Donatella says no Italian companies were interested in buying Versace

After announcing the sale of Versace to Michael Kors Holdings Limited, Donatella Versace was inquired by Italian newspaper Corriere della Sera about the decision to sell the company to an American business, rather than a fellow Italian one. Matteo Salvini, Italy’s Deputy Prime Minister, reacted to the news by saying he’s “fed up” of seeing prominent Italian brands being acquired by international companies. "No Italians were interested in buying Versace", the fashion designer told the newspaper. “Versace has been approached by many people last year: French, American… But no Italians. It’s not like we’re the ones who refused to be part of an Italian group”.