Going forward, Versus will serve as a sort of design laboratory through which Donatella Versace will collaborate with "young designers, stylists, and creatives from different walks of life" that will produce capsule collections and limited-edition product lines.
"I am excited about the new Versus strategy, but the time has come to dedicate all my focus to the future of the Christopher Kane label," Kane told WWD.
"I want to thank Christopher for his contribution to Versus over six seasons, during which I have been able to appreciate his extraordinary talent," said Versace in a statement. "Working with young talented people, and see them grow and develop as I have seen Christopher do over these years, is one of the most rewarding parts of my work. I wish him all the best for the development of his own line. He will always have my total support."
News of Kane's departure comes just two days after he denied rumors that he will replace Nicolas Ghesquière, the outgoing creative director of Balenciaga. On Saturday, French newspaper Le Nouvel Observateur reported that Kane would start at Balenciaga on Dec. 1. On the same day, a Kane spokeswoman told WWD, "Rumors surrounding Christopher Kane's appointment as creative director of Balenciaga are unfounded."