What Happened to Versace Home in Miami?

The iconic fashion brand Versace is known for its luxurious and extravagant designs. The brand has expanded into various areas, including home decor, with their Versace Home line. However, in recent years, the fate of Versace Home in Miami has been a topic of discussion among fashion enthusiasts and interior design lovers.

In 2014, the Versace Mansion in Miami Beach was sold for a whopping $41.5 million to Jordache Enterprises, which also owns the rights to the Versace Jeans label. The mansion was previously owned by Gianni Versace himself and had been converted into a boutique hotel. It was a popular destination for tourists who wanted to experience the lavish lifestyle associated with the Versace brand.

After the sale of the mansion, it was unclear what would happen to the Versace Home store located at 174 NW 23rd St. in Miami’s Wynwood neighborhood. The store had been open since 2003 and offered customers a chance to purchase luxurious home decor items such as furniture, lighting fixtures, and textiles.

However, in early 2016, it was announced that the store would be closing its doors permanently. The reason behind this decision is not entirely clear; some speculate that it may have been due to low sales or a shift in focus towards other areas of the brand.

Despite the closure of the Miami store, Versace Home continues to offer its products online and through select retailers worldwide. The brand’s home decor line features bold designs with intricate patterns and vibrant colors that are signature to Versace’s style.

In conclusion, while it may be disappointing for fans of the brand to see the closure of the Miami store, they can still access Versace Home’s luxurious offerings through other avenues. It remains to be seen if there are plans for another physical location in Miami or elsewhere in the future. Until then, customers can continue to bring a touch of extravagance into their homes with items from Versace Home’s online store and other retailers.