Who Owns Fendi and Versace?

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Fendi and Versace are two of the most well-known luxury fashion brands in the world. Both have a long history of producing high-end clothing, accessories, and fragrances that are synonymous with quality and style.

But who exactly owns these iconic brands? In this article, we’ll take a closer look at the ownership structures of Fendi and Versace.

Who Owns Fendi?

Fendi was founded in Rome in 1925 by Adele and Edoardo Fendi. The brand started out as a fur and leather goods shop but has since expanded to include ready-to-wear clothing, accessories, eyewear, and fragrances.

Today, Fendi is owned by LVMH Moët Hennessy Louis Vuitton SE, commonly known as LVMH. LVMH is a French multinational luxury goods conglomerate that also owns other high-end brands such as Louis Vuitton, Dior, Givenchy, and Celine.

The History of LVMH

LVMH was created in 1987 through the merger of two French companies: Louis Vuitton and Moët Hennessy. The company has since grown to become the largest luxury goods conglomerate in the world, with over 70 brands under its umbrella.

Fendi’s Creative Director

While LVMH owns Fendi, it’s important to note that the brand has its own creative director who oversees all aspects of design. As of 2021, the creative director of Fendi is Kim Jones.

Who Owns Versace?

Versace was founded in Milan in 1978 by Gianni Versace. The brand quickly gained fame for its bold designs and use of vibrant colors and prints. Today, Versace is known for its luxurious clothing, accessories, fragrances, and home goods.

In 2018, Versace was acquired by Capri Holdings Limited, a multinational fashion holding company based in London. Capri Holdings also owns other luxury brands such as Michael Kors and Jimmy Choo.

The History of Capri Holdings

Capri Holdings was founded in 2017 as Michael Kors Holdings Limited. The company changed its name to Capri Holdings in 2018 after acquiring Jimmy Choo and Versace.

Versace’s Creative Director

Similar to Fendi, Versace has its own creative director who oversees all aspects of design. As of 2021, the creative director of Versace is Donatella Versace, the sister of the late founder Gianni Versace.

  • In Conclusion:
  • Fendi is owned by LVMH Moët Hennessy Louis Vuitton SE.
  • Versace is owned by Capri Holdings Limited.
  • Both Fendi and Versace have their own creative directors who oversee all aspects of design.

Final Thoughts

Understanding the ownership structures of luxury fashion brands like Fendi and Versace can provide valuable insight into their histories and overall strategies. While both brands are now owned by larger conglomerates, they maintain their unique identities through the leadership of their respective creative directors. Whether you’re a fashion enthusiast or simply curious about these iconic brands, knowing who owns them is an important piece of the puzzle.

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Who Currently Owns Versace?

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