The fashion empire Versace, founded by Gianni Versace in 1978, has redefined luxury and glamour. Gianni's daring aesthetic combined opulent materials with bold designs, becoming synonymous with the excesses of the '80s and '90s.
Gianni's tragic murder in 1997 led to sister Donatella Versace taking the creative reins. Donatella continued Gianni's legacy of provocative elegance, collaborating with artists and celebrities. The brand's iconic Medusa logo and vibrant prints became iconic. Versace's innovative designs have graced runways, red carpets, and pop culture, cementing its status as a global symbol of audacious and sensual high fashion.
In 2018, the company was acquired by Michael Kors Holdings for $2.12 billion, which subsequently rebranded the group as Capri Holdings. In 2023, Tapestry made fashion headlines after purchasing rival Capri Holdings. The deal is estimated to be valued at $8.5 billion.
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