Revenue of Versace worldwide 2019-2022
The revenue of the Italian luxury brand Versace has increased substantially since the company was acquired by Capri Holdings in late 2018. In the financial year 2022, Versace generated a revenue of over one billion U.S. dollars. This was an increase of over 50 percent on the previous year's results.
Worldwide recognition
Founded in 1978 in Milan, Gianni Versace is one of the leading international fashion design houses. The company manufactures, distributes and retails fashion and lifestyle products including high-end clothing, accessories, jewelry, eyewear, fragrances, and home furnishings. The brand Versace is one of the symbols of Italian luxury worldwide and, thanks to a strong marketing strategy and a very recognizable style, the company ranks among the most followed luxury brands on Instagram, Facebook and Twitter .
Italian brands, foreign ownership
Due to unfavorable economic conditions in Italy, Versace is one among several Italian brands that was acquired by larger international groups. In 2018, Versace announced that it was acquired by the Group Michael Kors Limited (later renamed Capri Holdings Limited) forming a global fashion luxury group together with the brands Michael Kors and Jimmy Choo.
Worldwide recognition
Founded in 1978 in Milan, Gianni Versace is one of the leading international fashion design houses. The company manufactures, distributes and retails fashion and lifestyle products including high-end clothing, accessories, jewelry, eyewear, fragrances, and home furnishings. The brand Versace is one of the symbols of Italian luxury worldwide and, thanks to a strong marketing strategy and a very recognizable style, the company ranks among the most followed luxury brands on Instagram, Facebook and Twitter .
Italian brands, foreign ownership
Due to unfavorable economic conditions in Italy, Versace is one among several Italian brands that was acquired by larger international groups. In 2018, Versace announced that it was acquired by the Group Michael Kors Limited (later renamed Capri Holdings Limited) forming a global fashion luxury group together with the brands Michael Kors and Jimmy Choo.
