Versace news and archive

Versace La Cavanza 2025 campaign featuring Sabrina Carpenter

Versace introduces its new campaign starring two-time GRAMMY® Award winning global superstar Sabrina Carpenter. Embodying the authentic spirit of the House through a contemporary lens, the artist appears in a series of images photographed by Carlijn Jacobs. Centred around La Vacanza 2025, the campaign captures the collection’s transformative...

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Versace: born from the ocean

Versace was born from the ocean. The Mediterranean mythology at the heart of the House pervades its mentality from the beach to the city. For La Vacanza 2025, Versace reconnects with its oceanic roots in Women’s and Men’s Collections steeped in a lifestyle suspended between sea and land. Credits: Versace From swimwear to homewear Fusing coastal...

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Capri reaffirms strategic investments into Michael Kors following Versace sale

Last week, the long-rumoured Prada takeover of Versace was finally confirmed. And, while many began to speculate on what could come from the merging of the two Italian giants, at Versace’s now former owner, US conglomerate Capri Holdings, plans are already seemingly underway for the remnants of its portfolio. Following the announcement of Prada’...

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Prada buying Versace buy is a win-win for Italian luxury

When Prada this week confirmed its acquisition of Versace for 1.25bn euros it was both a business transaction as much as a symbolic repatriation of Italian heritage. As the dominance of French conglomerates LVMH and Kering has become the established order in luxury fashion—owning Italian crown jewels from Fendi to Gucci—the Prada Group's...

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Prada: Versace relaunch requires long-term mindset

The Prada Group intends to take its time with the relaunch of Versace. During a conference call on April 10, following the announcement of the Prada Group's acquisition of Versace, Andrea Guerra, CEO of the Prada Group, and Lorenzo Bertelli, head of corporate social responsibility for the group, stated that the next steps to fully unlock the...

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Prada and Versace: Two different stories and, now, a shared future

Now that the merger between Prada and Versace has been finalized, what will happen next? Will Prada be able to maintain Versace's DNA as promised by the Milanese company in todays press release? The Prada group is no stranger to acquisitions, having previously acquired Helmut Lang and Jil Sander, both of which were later sold, and the Church's...

Fashion

Following Prada takeover: 5 things to know about Versace

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will now become part of Prada, its larger rival and polar opposite in terms of style. The 1.25 billion euro acquisition, announced Thursday, aims to breathe new life into Versace, whose highs and lows have included the 1997...

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It's official: Prada acquires Versace for 1.25 billion euros

Italian fashion group Prada is officially the new owner of Versace. As the fashion world already predicted, Prada Group and Capri Holdings Limited have just announced that Versace has been acquired for 1.25 billion euros. Prada Group will take over 100 percent of Versace’s shares in a transaction financed by 1.5 billion euros of new debt...

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Prada-Versace deal: Rumours of 2.5 billion euro financing with Goldman Sachs

A banking consortium led by US investment bank Goldman Sachs is reportedly ready to provide Prada with a 2.5 billion euro financing line to support the Italian fashion group's acquisition of Versace, the Milan daily MF Fashion reported on Friday. Approximately 1.5 billion euros would be used for the acquisition, while the remaining one billion...

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Versace’s legacy: 47 years since the first show in Milan

On the eve of the 47th anniversary of March 28, 1978, when Gianni Versace presented his first women's collection under his own name at the Palazzo della Permanente, we reflect on the legacy of both the designer and the brand he created. Though Versace was tragically murdered in Miami on July 15, 1997, his fashion house has secured its place in...

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Donatella Versace’s departure marks a new chapter for the iconic house

The departure of Donatella Versace as the creative force behind the house that bears her family’s name marks the end of an era in luxury fashion. After decades at the helm, shaping the brand’s identity with her signature blend of sensuality and opulence, she will transition into the role of global ambassador. In her place, Dario Vitale, a rising...

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Donatella Versace to step down from creative helm, Dario Vitale named CCO

It’s the end of an era. Donatella Versace, the sister to Versace’s eponymous founder Gianni, is letting go of the creative leadership to the Italian luxury label. The designer, who has led the brand as chief creative officer since Gianni’s passing in 1997, will be stepping back into the position of chief brand ambassador from April 1, 2025. In...