Versace is a brand that has been synonymous with luxury and style for many years. The brand has gone through many changes over the years, including changes in ownership.
One of the most notable changes in ownership came in 1969 when the Versace family sold a portion of the company to an Italian businessman named Giovanni Agnelli. Today, many people still wonder: Who owns Versace 1969?
The History of Versace 1969
Before we delve into who owns Versace 1969 today, let’s take a quick look at the history of the company. The brand was founded by Gianni Versace in 1978 and quickly gained popularity due to its bold designs and use of bright colors. The brand’s popularity soared in the 1980s and ’90s when it became a favorite among celebrities.
In 1997, tragedy struck when Gianni Versace was murdered outside his Miami Beach home. His sister, Donatella Versace, took over as creative director and continued to grow the brand’s influence.
In 2009, Italian businessman Santo Versace (Gianni’s brother) sold his stake in the company to Blackstone Group and Dubai-based investment firm Istithmar World Capital. In 2018, Michael Kors Holdings Limited (now known as Capri Holdings Limited) acquired Versace for $2.1 billion.
Who Owns Versace 1969 Today?
So, who owns Versace 1969 today? The answer is Capri Holdings Limited (formerly known as Michael Kors Holdings Limited). Capri Holdings Limited is a fashion company that also owns other luxury brands such as Jimmy Choo and Michael Kors.
- Capri Holdings Limited
- Jimmy Choo
- Michael Kors
- Versace
What Does the Future Hold for Versace 1969?
With Capri Holdings Limited now owning Versace, many people are curious about what the future holds for the brand. Capri Holdings Limited has stated that they plan to expand Versace’s presence in Asia and increase its sales in accessories and footwear.
In addition, Donatella Versace will remain with the company as artistic director, ensuring that the brand’s unique style and aesthetic continue to thrive.
The Bottom Line
In conclusion, Capri Holdings Limited currently owns Versace 1969. The brand’s unique style and aesthetic have made it a favorite among fashion lovers for many years, and with Capri Holdings Limited at the helm, it appears that Versace will continue to thrive in the future.
10 Related Question Answers Found
Versace is a well-known brand that has been around for decades. The fashion house was established in 1978 by Gianni Versace. Since then, it has become a symbol of luxury and style.
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.
Versace is a well-known luxury fashion brand, but have you ever heard of Versace 1969? Many people wonder if these two brands are the same, as their names are quite similar. In this article, we will explore the differences and similarities between Versace and Versace 1969.
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.
Versace is a well-known brand that has been in the fashion industry for years. However, there have been some questions surrounding the brand’s name and whether or not the Versace 1969 line is actually affiliated with the original Versace brand. In this article, we’ll explore this topic in depth and provide you with all of the information you need to know.
Versace is one of the most renowned fashion brands across the globe, known for its luxury and high-end designs. But do you know who runs this iconic brand? In this article, we will take a closer look at the people behind the Versace empire.
Have you ever wondered who owns Versace glasses? Well, wonder no more! We’ve got all the details on this iconic brand and its ownership.
Are you looking to purchase authentic Versace products but don’t know where to start? Look no further, as we’ve got you covered. In this article, we’ll explore the various places where you can buy authentic Versace items.
Versace is a luxury Italian fashion brand that is known for its opulent designs and celebrity endorsements. Their advertisements are always grand and extravagant, leaving people wondering who does the Versace advert and what goes into creating these stunning visuals. Who Does the Versace Advert?
Versace is a fashion brand that has become synonymous with luxury, glamour, and high-end fashion. The brand was founded in 1978 by the late Gianni Versace, who quickly became one of the most influential designers of his time. However, after Gianni’s tragic death in 1997, the Versace company underwent a significant change in ownership.
