Daily Digest

13 September, 2013

Versace Said in Talks to Raise 250 Million Euros in Stake Sale

Versace A/W 2013 | Photo: Sonny Vandevelde

“Gianni Versace SpA is in talks to raise about 250 million euros ($333 million) through a stake sale to help finance the fashion house’s expansion, said people with knowledge of the situation. The Milan-based company is in discussions with IQ Made in Italy Venture, a partnership set up by Qatar Holding LLC and a unit of Italy’s Cassa Depositi e Prestiti SpA, said one of the people, who asked not to be named as the matter is private.”

JW Anderson: “I Will Never See Fashion As an Art Form”

Jonathan William Anderson | Photo: Morgan O'Donovan for BoF

“Anderson doesn’t consider himself an artist – nor does he consider fashion an art form. The idea of fashion being ephemeral doesn’t faze him – in fact, by the end of our interview he is quite confident in saying ‘I like the idea that there is a shelf life to it.'”