There has been a lot of buzz lately about the ownership of Versace, the Italian luxury fashion brand known for its bold prints and glamorous designs. One question that many people are asking is whether Donatella Versace, the creative director and face of the brand, is also its owner. Let’s take a closer look at the history of Versace and its current ownership structure to find out.
History of Versace
Versace was founded in 1978 by Gianni Versace, an Italian designer known for his flamboyant and daring creations. Over the years, Versace became one of the most iconic fashion brands in the world, with a reputation for luxury, excess, and sex appeal. Celebrities like Madonna, Princess Diana, and Elton John were all fans of Versace’s bold designs.
Tragically, Gianni was murdered outside his Miami Beach mansion in 1997 at the age of 50. His sister Donatella, who had been working with him as a designer since the early days of the brand, took over as creative director.
Versace’s Ownership Structure
After Gianni’s death, there was some uncertainty about who would own and run Versace. In 2004, it was announced that Donatella would become a co-owner of the company along with her brother Santo and her daughter Allegra.
Today, Versace is owned by Capri Holdings Limited (formerly known as Michael Kors Holdings Limited), which acquired it in 2018 for $2.1 billion. The company is now part of Capri’s portfolio along with other luxury brands like Michael Kors and Jimmy Choo.
Donatella’s Role at Versace
Although Donatella is not technically the owner of Versace anymore, she remains an important figure at the company as its creative director. She is responsible for overseeing the design of all of Versace’s collections, from clothing to accessories to home goods.
Donatella is known for her bold and glamorous designs, which often feature bright colors, daring cuts, and eye-catching prints. She has also been a vocal advocate for diversity and inclusion in the fashion industry, casting models of all ages, sizes, and ethnicities in Versace’s runway shows.
Conclusion
So, is Donatella Versace the owner of Versace? The answer is no – at least not anymore.
While she was a co-owner of the company for many years after her brother’s death, Versace is now owned by Capri Holdings Limited. However, Donatella remains an important figure at the company as its creative director and continues to be a driving force behind its iconic designs.
9 Related Question Answers Found
Donatella Versace is a name that needs no introduction in the fashion industry. She is one of the most well-known figures in the business, and her contributions to the world of fashion are undeniable. As a result, many people wonder whether Donatella Versace is the owner of Versace, the iconic luxury fashion brand.
Is Versace Owned by Donatella? When it comes to the world of fashion, one name that has become synonymous with luxury and style is Versace. The Italian fashion house was founded by Gianni Versace in 1978 and has since then become a household name for its bold and unique designs.
If you’re a fashion enthusiast, you must have heard of the iconic Versace brand. Known for its luxurious designs and bold aesthetic, this Italian fashion house has been a favorite of celebrities and fashionistas alike. But amidst all the glamour and glitz, one question that often arises is – ‘Is Donatella Versace the CEO of Versace?’ Let’s find out.
There has been much confusion and speculation surrounding the ownership of the iconic fashion brand, Versace, particularly after the tragic death of its founder, Gianni Versace. One question that often arises is: does Donatella Versace own Versace? Let’s explore this topic in-depth.
There has been a lot of speculation and rumors about the ownership of the iconic fashion brand Versace, especially after the tragic death of its founder Gianni Versace in 1997. One question that frequently comes up is whether Donatella Versace, Gianni’s sister and longtime collaborator, still owns the company. Let’s take a closer look at the facts.
Donatella Versace is a name that is synonymous with the luxury fashion brand, Versace. The Italian fashion designer has been an integral part of the brand’s success since the 1980s when she joined her brother Gianni Versace to run the company. But after Gianni’s untimely death in 1997, there has been some confusion about who owns Versace and if Donatella still holds the reins of this iconic fashion house.
Versace is a name that has been synonymous with luxury fashion since it was founded in 1978 by Gianni Versace. The brand has remained popular over the years, and its iconic Medusa logo is instantly recognizable. But who owns Versace today?
Does Donatella Still Own Versace? Versace is one of the most renowned luxury fashion brands in the world, known for its bold designs, iconic prints, and glamorous aesthetic. Founded in 1978 by Gianni Versace, the brand has become a cultural icon and synonymous with high-end fashion.
Versace is a luxury fashion brand known worldwide for its glamorous designs and exceptional quality. The brand was founded in 1978 by the late Gianni Versace, an Italian fashion designer, and has since then been associated with sophistication and extravagance. The question that frequently comes up is whether Versace is owned by the family or not.
