Donatella Versace is a renowned fashion designer and the sister of the late Gianni Versace. She is known for her impeccable style and her contribution to the growth of the Versace brand. However, many people wonder how much of Versace Donatella actually owns.
Background:
Donatella Versace was born on May 2, 1955, in Reggio Calabria, Italy. She started working for her brother Gianni in the late 1970s and became his muse and chief advisor. After Gianni’s tragic death in 1997, Donatella took over as creative director of Versace.
Ownership:
In 2018, Michael Kors Holdings Limited acquired Versace for $2.1 billion. The deal gave Donatella a substantial stake in the company, but it is unclear exactly how much she owns.
Rumors:
There have been rumors that Donatella owns as much as 20% of the company. However, this has not been confirmed by either Donatella or Michael Kors Holdings Limited.
Donatella’s Role:
Regardless of how much she owns, there is no denying that Donatella plays a crucial role in the success of the Versace brand. As creative director, she oversees all aspects of design and ensures that each collection reflects the brand’s signature aesthetic.
The Future:
Under Michael Kors Holdings Limited’s ownership, it is expected that Versace will continue to grow and expand its global reach. Donatella will undoubtedly remain an integral part of the brand’s success.
- In conclusion,
- While it is unclear exactly how much of Versace Donatella owns,
- There is no doubt that she plays a vital role in the company’s success
- And will continue to do so under Michael Kors Holdings Limited’s ownership.
Donatella Versace is an icon in the fashion industry, and her contributions to the growth of the Versace brand are invaluable. Regardless of how much she owns, her talent and vision will continue to shape the brand for many years to come.
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