The announcement comes two days after Prada Group finalised its $1.375 billion cash acquisition of Versace.
Meanwhile, chief executive officer Emmanuel Gintzburger will oversee the creative team, according to European media outlets.
Vitale was the third creative director after Gianni Versace, who was killed in 1997, and his sister Donatella Versace, who assumed the role after his death until Vitale took over.
His first collection for the house debuted in September.
ALCHEMPro News Desk (DS)
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