Who Is the Current Owner of Versace?

|

thedutchladydesigns

by

If you are a fashion enthusiast, you must have heard of Versace – one of the most iconic Italian luxury fashion brands. The brand has been around for over four decades and has a rich history that is steeped in glamour and excess. However, there have been some changes in the ownership of Versace over the years.

Gianni Versace:
The founder of Versace, Gianni Versace, started the brand in 1978. He was born in Reggio Calabria, Italy, in 1946 and showed an interest in fashion from a young age. He moved to Milan at the age of 26 and began working as a designer for some of the top fashion houses in the city before launching his own label.

The Versace Family:
After Gianni’s murder in Miami Beach, Florida, in 1997, his sister Donatella took over as creative director. His brother Santo became CEO and oversaw the business side of things.

In 2018, it was announced that Michael Kors Holdings Limited had acquired Versace for $2.1 billion. This means that currently Michael Kors Holdings Limited is the owner of Versace.

Who is Michael Kors Holdings Limited?
Michael Kors Holdings Limited is an American fashion company that was founded by designer Michael Kors himself. The company is primarily known for its line of handbags but has since expanded to include clothing, shoes and other accessories. In addition to their eponymous brand, they also own Jimmy Choo – another luxury fashion brand.

    What Does This Mean for Versace?

Since being acquired by Michael Kors Holdings Limited in 2018, some changes have been made to Versace’s operations. For example, they have closed down some stores and scaled back their runway shows. However, it’s worth noting that Donatella Versace is still the creative director of the brand, and there have been no significant changes to the company’s design or aesthetic.

The Bottom Line

In conclusion, Michael Kors Holdings Limited is currently the owner of Versace. While some changes have been made to the brand since the acquisition, it’s important to note that Versace remains one of the most iconic luxury fashion brands in the world. With Donatella Versace at the helm, we can be sure that the brand will continue to produce stunning designs and push the boundaries of fashion.

7 Related Question Answers Found

Who Is the New Owner of Versace?

After weeks of speculation, it has finally been confirmed that the luxury fashion brand Versace has been acquired by one of the biggest fashion conglomerates in the world. The Italian brand, renowned for its bold and vibrant designs, has been a favorite among fashion enthusiasts for decades. Let’s take a closer look at who the new owner of Versace is.

Who Is the Owner of Versace Hotel?

Are you curious to know who the owner of Versace Hotel is? Well, you have come to the right place. The luxurious Versace Hotel is a masterpiece built on the waterfront of Dubai Creek, and it’s no secret that it’s a popular destination for those who seek extravagance and opulence.

Who Owns the Majority of Versace?

Versace is a renowned Italian luxury fashion house that was founded in 1978 by Gianni Versace. The brand is known for its high-end clothing, accessories, and fragrances. However, after the death of Gianni Versace in 1997, there have been changes in the ownership structure of the company.

Who Currently Owns Versace?

Gianni Versace, the Italian fashion designer founded Versace in 1978. Since then, the brand has become synonymous with luxury and glamour. However, after Gianni Versace’s untimely death in 1997, the ownership of the company has changed hands a few times.

Who Owns Versace Today?

Gianni Versace, the founder of the Italian luxury fashion house Versace, was tragically murdered in 1997. Since then, the brand has gone through several changes in ownership. Today, the company is owned by Capri Holdings Limited, a global fashion luxury group that also owns Michael Kors and Jimmy Choo.

Who Is Versace Owner?

Are you curious about the owner of the iconic fashion brand, Versace? Let’s delve into the history and ownership of this luxury fashion brand. History of Versace Versace was founded in 1978 by the late Gianni Versace, an Italian fashion designer.

Who Owns the Versace Brand Now?

Gianni Versace, the renowned Italian fashion designer, founded the iconic Versace brand in 1978. Since then, the brand has become synonymous with luxury and elegance, with its recognizable Medusa head logo gracing everything from clothing to accessories. However, following Gianni Versace’s tragic death in 1997, ownership of the brand has undergone several changes.