Introduction:
Versace is a renowned Italian luxury fashion brand that has been synonymous with glamour, opulence, and high-end style since its inception in 1978. The brand was founded by the visionary designer Gianni Versace, who quickly catapulted Versace to global fame with his bold designs and distinctive aesthetic. However, tragedy struck in 1997 when Gianni Versace was tragically murdered, leading to a shift in ownership for the iconic fashion house. In this article, we will delve into the ownership history of Versace, from its founding by Gianni Versace to its current ownership status.
Who is Versace Owned by:
Versace was initially a family-owned enterprise, with Gianni Versace at the helm of the brand. Gianni's siblings, Santo Versace and Donatella Versace, also played key roles in the company, with Santo overseeing the business operations and Donatella taking on a creative role as the brand's chief designer.
Where Was Versace Founded:
Versace was founded in Milan, Italy, a city known for its rich heritage in fashion and design. Gianni Versace chose Milan as the headquarters for his eponymous brand, setting the stage for Versace to become a global powerhouse in the luxury fashion industry.
Who Owns Versace Company Now:
In 2018, the ownership of Versace underwent a significant change when the American fashion conglomerate Michael Kors Holdings (now known as Capri Holdings Limited) acquired the brand. The acquisition marked a new chapter for Versace, as it became part of a larger luxury group with a diverse portfolio of prestigious fashion labels.
Who Owns Versace Now:
As of the present day, Versace is owned by Capri Holdings Limited, a multinational fashion company that also owns other luxury brands such as Michael Kors and Jimmy Choo. The acquisition of Versace by Capri Holdings has provided the brand with additional resources and opportunities for growth in the competitive fashion market.
Who Owns Versace Brand:
The Versace brand is currently owned by Capri Holdings Limited, which oversees the strategic direction and operations of the fashion house. Capri Holdings has continued to uphold the legacy of Versace while infusing new ideas and innovations to drive the brand forward in the ever-evolving fashion landscape.
Versace Owner Name:
The current owner of Versace is Capri Holdings Limited, led by CEO John D. Idol. Under Idol's leadership, Capri Holdings has steered Versace towards continued success and relevance in the luxury fashion industry.
Is Versace Still in Business:
Yes, Versace is still in business and continues to thrive as a prominent player in the global fashion scene. The brand's commitment to craftsmanship, creativity, and innovation has solidified its position as a coveted luxury label sought after by fashion enthusiasts worldwide.
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