Is Fendi Owned by Versace?

If you’re a fashion enthusiast, you might have come across the names Fendi and Versace. Both of these brands are renowned for producing high-quality luxury items that are popular among celebrities and fashion lovers.

However, there’s a common misconception among people that Fendi is owned by Versace. So, is it true? Let’s find out.

Firstly, it’s important to note that Fendi and Versace are two different brands with distinct histories. Fendi was founded in Rome in 1925 by Adele and Edoardo Fendi as a fur and leather shop.

Over the years, the brand has expanded its product line to include clothing, handbags, accessories, and more. On the other hand, Versace was founded in Milan in 1978 by Gianni Versace as a luxury fashion house that specializes in clothing, accessories, and fragrances.

Now coming back to the question at hand – Is Fendi owned by Versace? The answer is no.

Fendi is not owned by Versace nor is it a subsidiary of the brand. In fact, both of these brands are owned by different fashion conglomerates.

Fendi is currently owned by LVMH Moët Hennessy Louis Vuitton SE – a French multinational luxury goods conglomerate. LVMH owns several other luxury brands such as Louis Vuitton, Christian Dior, Givenchy, Celine, and more.

On the other hand, Versace is currently owned by Capri Holdings Limited – a global fashion luxury group that also owns Michael Kors and Jimmy Choo.

It’s easy to see how people might confuse these two brands considering their similar Target audience and product offerings. However, it’s important to note that both of these brands have their unique identities and histories.

In conclusion, Fendi is not owned by Versace. Both of these brands are owned by different fashion conglomerates with their distinct histories and identities. So, the next time someone asks you whether Fendi is owned by Versace, you can confidently tell them that it’s not true.

Hopefully, this article has cleared up any confusion regarding the ownership of these two luxury brands. Remember to stay informed and keep up-to-date with the latest fashion news.