After some speculation, Michael Kors Holdings Limited has announced that it will be acquiring the outstanding shares of Italian fashion label Gianni Versace in tandem with a name change for the U.S.-based group.
U.S. fashion group Michael Kors Holdings is in talks to take over Italian designer label Versace, as the latter attracts a series of buyers.
Italian fashion labels Fendi and Versace’s efforts to court millennials helped them become two of the hottest brands this past quarter.
Luxury Daily’s live news from July 16 – Balmain relaunches Web site with help of YNAP; Condé Nast rumored to be shutting down W Magazine in cost-cutting measure; Bentley honors founder’s legacy with limited-edition Mulsanne; Calvin Klein debuts new fragrance campaign starring Lupita Nyong’o and Saoirse Ronan; Versace creates longest-ever advertising image in inventive campaign; Secoo partners with textile conglomerate Ruyi Group for streamlined fashion production.
Luxury Daily’s live news from July 16 – Balmain relaunches Web site with help of YNAP; Condé Nast rumored to be shutting down W Magazine in cost-cutting measure; Bentley honors founder’s legacy with limited-edition Mulsanne; Calvin Klein debuts new fragrance campaign starring Lupita Nyong’o and Saoirse Ronan; Versace creates longest-ever advertising image in inventive campaign; Secoo partners with textile conglomerate Ruyi Group for streamlined fashion production.
Italian fashion brand Versace has put an inventive spin on the photo campaign with the world’s longest advertising image for its fall/winter 2018 effort.
Today in luxury – CEO talks: Versace’s Jonathan Akeroyd on elevating the brand, eyeing target of 1B euros; Luxury goods makers confront rise of the robot; Shape-shifting art tower completes Prada’s city within a city; European luxury car sales dip as customers play waiting game.
Italian fashion label Versace is bringing fans into its family and giving an intimate look at the life of artistic director Donatella Versace in a cinematic push.
Today in luxury – Burberry toasts Nina Garcia as Elle Magazine’s new editor in chief; China’s buyers defy the law to satisfy thirst for foreign homes; Versace joins fashion’s no-fur movement; How the tiara became jewelry’s accessory of the moment.
Italian fashion label Versace is exploring the mythology behind Medusa, educating consumers about the storied character that inspired its logo.
