Does Donatella Own Versace?

Does Donatella Own Versace?

Donatella Versace is a prominent figure in the fashion industry, known for her striking designs and unique sense of style. She has been associated with the iconic brand, Versace, for many years and played a vital role in shaping its success. However, the question that often arises is whether Donatella owns the brand or not?

The History of Versace

Versace is a luxury fashion house founded by Gianni Versace in 1978. It quickly gained popularity for its bold and vibrant designs that appealed to a wide audience. Unfortunately, Gianni was tragically murdered in 1997, leaving his sister Donatella to take over as the creative director of the company.

Donatella’s Role in Versace

After Gianni’s death, Donatella took over as the head designer and helped steer the company through difficult times. With her bold and innovative designs, she revived the brand and made it even more successful than before.

Donatella played a vital role in expanding the company’s reach by introducing new product lines such as accessories, home furnishings, and fragrances. She also collaborated with other luxury brands like H&M and created capsule collections that were highly sought after.

Versace Ownership

Versace is still owned by the Versace family but underwent some changes recently when it was acquired by Michael Kors Holdings Limited (now Capri Holdings Limited) in 2018. However, even after this acquisition, Donatella still holds an important position within the company as creative director.

In Conclusion

While Donatella does not technically own Versace outright, she still plays a significant role in the company’s success and is widely recognized as one of the most influential figures in fashion. Her contributions to the brand over the years have been immense, and she continues to inspire designers and fashion enthusiasts around the world.

  • Key Takeaways:
  • Donatella Versace is a prominent figure in the fashion industry known for her unique sense of style.
  • She took over as creative director of Versace after her brother Gianni’s tragic death in 1997.
  • Versace is still owned by the Versace family but was acquired by Capri Holdings Limited (formerly Michael Kors Holdings Limited) in 2018.