Belongs to Versace Group
Gianni Versace S.p.A. is an Italian fashion clothing business founded by Gianni Versace in 1978.
After the death of Gianni Versace, his sister, Donatella Versace, took over his business and continued usage of the family's trademark of using bright colors and designs. She was born in Reggio Calabria Italy, in 1959, being 13 years younger than Gianni. Brother and sister had a very close relationship and Gianni considered her his muse.
Versace is one of the world's leading international fashion houses. Versace designs, markets and distributes luxury clothing, accessories, fragrances, makeup and home furnishings under the various brands of the Versace Group.
Versace's Style Department employs a group of designers and stylists who work in teams specifically dedicated to each individual line. These teams operate under the close supervision and guidance of Creative Director, Donatella Versace.
Versace collections are distributed through a network of 240 exclusive boutiques, over 150 dedicated spaces in major department stores and duty-free areas, as well as a number of selective multi-brand boutiques in 60 countries.
Gianna Versace S.p.A. directly employs 1,500 people and provides indirect labor for an additional 5,000 worldwide.
With a broad international presence, the Versace Group had sales of 822 billion lire (424.5 million Euro) and net earnings of 18 billion lire (9.3 million Euro) in the 1999 fiscal year.
The brands of the Versace Group include: Gianni Versace Couture, Versus Versace, Versace Jeans Couture, Versace Ceramic Designs, Versace Collection, Versace Sport, Versace Intensive, Versace Precious Items, and Versace Young. It also operates a hotel, the Palazzo Versace.
Versace Precious Items is Versace S.p.A's timepiece, jewellery and writing instrument sub-brand. Timepieces and jewellery are made in Switzerland, and writing instruments are made in France.