Versace is a luxury fashion brand that has been around since the late 1970s. Founded by Gianni Versace, the brand quickly became synonymous with high-end fashion and has been a favorite of celebrities and fashion enthusiasts alike for decades. Despite being an Italian brand, many people wonder which country owns Versace.
Gianni Versace
To understand the ownership of Versace, it’s important to first look at its history. The brand was founded in 1978 by Gianni Versace in Milan, Italy.
Gianni was the creative force behind the brand and quickly gained a reputation for his bold designs and use of bright colors. Throughout the 1980s and 1990s, Versace became one of the most recognizable brands in the world.
Donatella Versace Takes Over
In 1997, tragedy struck when Gianni was murdered outside his Miami Beach home. The designer’s sister, Donatella Versace, took over as creative director of the brand. Donatella had worked with her brother for many years and was instrumental in helping to build the brand’s reputation.
Under Donatella’s leadership, Versace continued to thrive as a luxury fashion brand. She brought her own unique style to the designs while still staying true to her brother’s vision.
The Acquisition by Capri Holdings Limited
In September 2018, it was announced that Capri Holdings Limited had acquired Versace for $2.12 billion. Capri Holdings is an American fashion company that owns other luxury brands such as Michael Kors and Jimmy Choo.
The acquisition of Versace by Capri Holdings has allowed the brand to expand its global reach and continue to grow as a fashion powerhouse. Despite being owned by an American company, however, Versace remains an Italian brand at heart.
Conclusion
So which country owns Versace? While the brand is now owned by an American company, it remains an Italian brand through and through.
Gianni Versace founded the brand in Milan and his sister Donatella has continued to carry on his legacy. Versace’s unique style and bold designs have made it one of the most recognizable luxury fashion brands in the world, and its acquisition by Capri Holdings has only helped to further its success.
9 Related Question Answers Found
Have you ever wondered which company owns the iconic luxury fashion brand, Versace? Well, wonder no more! In this article, we will take a deep dive into the ownership of Versace and explore the history behind this legendary brand.
Versace is a well-known luxury fashion brand that has been around since the late 1970s. It was founded by Gianni Versace, an Italian fashion designer who gained worldwide acclaim for his bold and glamorous designs. But which country is Versace from?
If you’re a fashion enthusiast, you’re probably familiar with the name Versace. Founded in 1978 by Gianni Versace, the Italian luxury fashion brand has become a symbol of opulence and glamour. But do you know who owns Versace today?
Versace is a luxury fashion brand that has been an iconic symbol of Italian fashion since its inception in 1978. The company was founded by Gianni Versace, who quickly established himself as a leading designer in the fashion world. In 1997, tragedy struck when Gianni Versace was tragically murdered outside his Miami Beach mansion.
Versace is a luxury fashion brand that was founded by Gianni Versace in 1978. The company specializes in producing high-end clothing, accessories, perfumes, and home furnishings. History of Versace
Gianni Versace started the company in Milan, Italy with the aim of creating a brand that would represent glamour, luxury, and sensuality.
Versace is a luxury fashion brand that has been around for more than four decades. Founded by Gianni Versace in 1978, the brand quickly became popular for its bold designs and luxurious materials. However, after Gianni’s death in 1997, the ownership of the company has changed hands several times.
Versace is a well-known Italian fashion house that has been operating for over four decades now. The brand was founded by Gianni Versace in 1978 and has since then been at the forefront of the luxury fashion industry. Today, the brand is renowned for its glamorous designs, intricate detailing, and impeccable craftsmanship.
Versace is a luxury fashion brand that was founded in 1978 by Gianni Versace. The brand is known for its bold and extravagant designs that incorporate bright colors, prints, and intricate details. Versace has become a household name in the fashion industry due to its unique style and high-quality products.
Versace is one of the most renowned fashion brands in the world. Known for its luxurious and opulent designs, the brand has become synonymous with high-end fashion and style. However, while most people are familiar with the name Versace, not everyone knows exactly what products the brand offers.
