The small, private aircraft was found off the Venezuelan coast, where Missoni, 58, had been vacationing before the disappearance, Vogue reported.
The plane was found after a new search was started using a specialty ship a few days ago. Authorities are trying to figure out how to excavate the plane to determine whether there are bodies inside.
Missoni is the son of the brand's founder.
The upscale label is known for its vibrant striped patterns. The fashion house had a highly successful collaboration with Target in 2011.
More From Business Insider
- 24 People Who Determine What's Cool In America
- A Starbucks Barista Found A Creative Way To Flirt With A Customer
- Gap Accidentally Sent A Customer Sensitive Employee Documents Instead Of A Necktie