Versace

Gianni Versace S.r.l.
Company typeSubsidiary (S.r.l.)
IndustryFashion
Founded1978 (1978), as Gianni Versace Donna
FounderGianni Maria Versace
Headquarters
Key people
Products
  • Ready-to-wear
  • haute couture
  • leather accessories
  • footwear
Revenue
  • Increase€1.7 billion (2017)[3]
  • €635 million (2013)[3]
Number of employees
1500
ParentCapri Holdings
Websiteversace.com

Gianni Versace S.r.l. (Italian: [ˈdʒanni verˈsaːtʃe]), usually referred to as Versace (/vərˈsɑː/ vər-SAH-chay),[a] is an Italian luxury fashion company founded by Gianni Versace in 1978.[7] The company produces Italian-made ready-to-wear and accessories, as well as haute couture under its Atelier Versace brand[8] and licenses its name and branding to Luxottica for eyewear.[9] Gianni Versace being a native of Calabria, in the ancient Magna Grecia (Greater Greece), the company logo is inspired by Medusa, a figure from Greek mythology.[10]

The Brand was founded in 1978 by Gianni Versace and run after his death by his family: his brother Santo Versace and sister Donatella Versace while Donatella's daughter, Allegra Versace Beck, became the controlling shareholder having inherited her uncle Gianni's share. Her brother Daniel inherited much of his Uncles Art Collection.

In September 2018, the company was sold to the Michael Kors group Michael Kors Limited and in January 2019, Gianni Versace S.r.l. became part of the Capri Holdings Limited group for $2.12 billion, creating a new luxury group together with Michael Kors and Jimmy Choo, keeping Donatella Versace as head of Creative Design.[11]

  1. ^ "Bloomberg". Bloomberg News. Archived from the original on 2 April 2015. Retrieved 20 March 2015.
  2. ^ "Emmanuel Gintzburger, Capri Holdings Ltd: Profile and Biography". Bloomberg.com. Retrieved 19 November 2023.
  3. ^ a b Mesco, Manuela (25 April 2016). "Gianni Versace profit rose 17% in 2015, lifted by soaring sales". Il Corriere della Sera. Archived from the original on 30 October 2019. Retrieved 25 May 2017.
  4. ^ Vogue (31 January 2018), 73 Questions With Donatella Versace | Vogue, archived from the original on 31 October 2021, retrieved 2 March 2018
  5. ^ "You've probably been pronouncing 'Versace' wrong, according to Donatella". Harper's Bazaar. 2 February 2018. Archived from the original on 14 August 2020. Retrieved 2 March 2018.
  6. ^ Bruno Mars (13 August 2017), Bruno Mars – Versace On The Floor [Official Video], archived from the original on 31 October 2021, retrieved 2 March 2018
  7. ^ Davis, Daniel (2011). Versace. New York: Infobase Learning. p. 29. ISBN 9781604139808.
  8. ^ "Atelier Versace Collection | US Online Store". Versace. Archived from the original on 20 July 2021. Retrieved 20 July 2021.
  9. ^ Zargani, Luisa (10 April 2020). "Versace, Luxottica Renew Eyewear License". Women's Wear Daily. Archived from the original on 3 September 2022. Retrieved 3 September 2022.
  10. ^ "Versace Logo And Its Golden History: Everything You Need To Know | LOGO.com". logo.com. Archived from the original on 26 July 2024. Retrieved 2 May 2022.
  11. ^ Phelps, Nicole (25 November 2018). "Michael Kors Acquires Versace for More Than $2.12 Billion". Vogue. Archived from the original on 31 October 2023. Retrieved 3 July 2024.


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