Is Fendi a Part of Versace?

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If you are a fashion enthusiast, you have probably heard of Fendi and Versace, two of the most prominent luxury fashion brands in the world. However, there is a common misconception that these two brands are related or even part of the same company. In this article, we will explore whether Fendi is a part of Versace and shed some light on their history and business practices.

What is Fendi?

Fendi is an Italian luxury fashion house founded in Rome in 1925 by Adele and Edoardo Fendi. The brand started as a fur and leather shop but later expanded into clothing, accessories, fragrances, and eyewear. Fendi is renowned for its innovative designs and craftsmanship, which has earned it a loyal customer base worldwide.

What is Versace?

Versace is another Italian luxury fashion brand founded in 1978 by Gianni Versace. Like Fendi, Versace also offers a wide range of products such as clothing, accessories, fragrances, and home furnishings. The brand has gained massive popularity due to its bold designs and use of vibrant colors.

Are Fendi and Versace Related?

Contrary to popular belief, Fendi is not a part of Versace. Although both brands are Italian luxury fashion houses with a similar aesthetic and reputation for quality products, they operate independently under different ownership structures.

Fendi Ownership

Fendi was initially owned by the Fendi family but later acquired by LVMH (Louis Vuitton Moët Hennessy), a French multinational conglomerate that also owns other luxury brands such as Dior, Givenchy, Celine, and Marc Jacobs.

Versace Ownership

Versace was solely owned by the Versace family until September 2018 when it was acquired by Michael Kors Holdings (now Capri Holdings Limited), an American fashion company that also owns Jimmy Choo and Michael Kors.

Conclusion

In summary, Fendi and Versace are two separate luxury fashion brands that operate independently under different ownership structures. While they share similar design aesthetics and a reputation for quality products, they are not related or part of the same company. It is important to note that understanding the history and ownership structure of fashion brands is crucial in making informed decisions when purchasing their products.

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