Versace is one of the most iconic fashion houses in the industry, known for its luxurious and glamorous designs. The brand has a rich history dating back to 1978 when it was founded by Gianni Versace in Milan, Italy. Since then, the brand has expanded its reach globally and has become synonymous with high-end fashion.
Recently, there have been rumors circulating about a possible name change for Versace. Many people have been curious to know what the new name of this iconic fashion house will be. So, what is Versace’s new name?
After much speculation, it has been revealed that Versace’s new name will be “Capri Holdings Limited.” This rebranding comes after Michael Kors Holdings acquired Versace in 2018 for $2.1 billion.
While some may be surprised by this change, it’s important to note that Capri Holdings Limited is actually the parent company of Michael Kors, Jimmy Choo, and now Versace. Therefore, this name change makes sense as it aligns all three brands under one umbrella.
This rebranding will not affect the way Versace operates or its iconic designs. The brand will continue to create luxury fashion items that are both timeless and innovative.
In fact, Donatella Versace – Gianni’s sister and Creative Director of the brand – has stated that the acquisition by Capri Holdings Limited will allow them to expand their global presence even further while maintaining their unique identity.
So there you have it – Versace’s new name is Capri Holdings Limited. While this may take some getting used to for die-hard fans of the brand, it’s important to remember that this change is simply a branding decision and won’t affect the quality or integrity of Versace’s designs.
To recap:
- Versace’s new name is Capri Holdings Limited.
- This rebranding aligns the brand with its parent company, Michael Kors.
- The change won’t affect the way Versace operates or its iconic designs.
- The acquisition by Capri Holdings Limited will allow Versace to expand its global presence even further while maintaining its unique identity.
In conclusion, while it may take some time to get used to Versace’s new name, it’s important to remember that this change is simply a rebranding decision and won’t affect the brand’s quality or impact in the fashion industry.