MILAN, Italy — Gianni Versace SpA, the Italian luxury-goods maker weighing options to pay for growth, said it plans to sell a minority stake privately before selling shares to the public in three to five years.
HONG KONG, China — Italian fashion house Versace says it has signed a deal to build a luxury hotel at a casino-resort in Macau, the world's top gambling market.
PARIS, France — French billionaire Bernard Arnault wants you to spend the night and eat his pastries. After decades of acquiring luxury goods that consumers can drink and wear, the chairman of LVMH Moet Hennessy Louis Vuitton SA last week bought a five-star hotel in St. Barths and in June added a storied Milanese cafe, accelerating his push to meet all his well-heeled clients’ earthly needs.
The rise of high definition, highly accessible digital documentation is driving cut-and-paste fashion trends, argues Liroy Choufan.
PARIS, France — Naomi Campbell not only owns the clothes she wears, but by her sheer magnetic presence commands the entire runway when she walks it. Donatella Versace knows this well, casting the age-defying 43-year-old to start Paris haute couture week with a bang of indomitable energy.
PARIS, France — There are only a couple of models in the world who own not just the clothes they wear when they walk the runway but, by their sheer magnetic presence, command the entire show and with it the undivided attention of every spectator in the room. One such model is Naomi Campbell.
MILAN, Italy — Today our contributing photographer Sonny Vandevelde files backstage imagery from the Jil Sander, Versace, Bottega Veneta, Salvatore Ferragamo, Calvin Klein, Vivienne Westwood, Prada and Moncler shows, held on days one and two of Milan men's fashion week.
MILAN, Italy — Gianni Versace SpA, an Italian maker of $950 flower-print jeans, expects to decide by “October or November,” if it will sell a minority stake publicly or privately to fund growth, chief executive officer Gian Giacomo Ferraris said.
MILAN, Italy — Qatar Holding and an Italian state-owned investment fund have expressed interest in the luxury fashion house Versace, according to the Italian daily newspaper Il Sole 24 Ore. Qatar Holding, part of the gulf state’s sovereign wealth fund and current owner of London department store Harrods, is said to be “looking carefully” at Versace, along with the Fondo Strategico Italiano, or FSI, the Italian investment fund owned