Who Will Inherit Versace?

The world of fashion was shaken when news broke out that the legendary designer, Gianni Versace, had been shot and killed in front of his Miami mansion. The news was not only shocking but also raised questions about the future of the iconic brand he had built over the years. One of the most pressing questions was – who will inherit Versace?

Gianni Versace founded the fashion house in 1978, and it quickly became one of the most recognizable brands in the world. The brand is known for its bold prints, bright colors, and sexy Silhouettes that have graced numerous runways over the years. However, after Gianni’s untimely death in 1997, his sister Donatella took over as creative director.

Donatella Versace is a force to be reckoned with in the fashion industry. She has been instrumental in keeping her brother’s legacy alive by designing collections that embody his unique aesthetic while also infusing her own creative vision. Under her leadership, Versace has continued to thrive and remains one of the most sought-after luxury brands in the world.

In recent years, there have been rumors about a possible sale of Versace to a larger conglomerate. These rumors were finally put to rest when Michael Kors Holdings announced its acquisition of Versace for $2.1 billion. The deal was finalized in December 2018 and marked a new chapter for the iconic brand.

With this acquisition, Donatella Versace will remain as creative director and continue to lead design efforts for the brand. She will also retain a significant stake in the company, ensuring that she remains involved in its future direction.

In conclusion, while there were concerns about who would inherit Versace after Gianni’s death, it is clear that his sister Donatella has been instrumental in keeping his legacy alive by leading design efforts for nearly two decades. With Michael Kors Holdings’ recent acquisition of the brand, it is certain that Versace will continue to thrive under Donatella’s leadership and remain one of the most iconic luxury brands in the world.