Gianni Versace: employees in 2012-2015

Number of employees of the Italian fashion company Gianni Versace from 2011 to 2015

by Statista Research Department, last edited Nov 12, 2019
Gianni Versace: employees in 2012-2015 The number of employees of the Italian luxury brand Gianni Versace S.r.l. has increased steadily over the period surveyed, growing from 491 in 2011 to 701 in 2015. The growth in the number of people employed by the company coincided with a twofold increase in turnover for Versace during the same period, which grew from 214 million euros in 2011 to 442 million euros in 2015.
Italian brands, foreign ownership

Established in Milan in 1978, the brand Versace has become one of the symbols of Italian luxury worldwide. However, Versace represents one among several Italian brands that was acquired by larger international groups. In 2018, Group Michael Kors Limited (then renamed Capri Holdings Limited) acquired the brand Versace, forming a global fashion luxury group together with the brands Michael Kors and Jimmy Choo.

Clothing manufacturing moves abroad

Italy stands out for clothing manufacturing and the sector is famous all over the world thanks to high quality and elegant design. Nevertheless, due to delocalization of the production facilities and partially also due to the financial crisis started in 2008, the sector has been losing its edge in recent years in Italy. The overall turnover of the wearing apparel manufacturing industry decreased steadily from 2011 to 2017, and so did the number of individuals employed in the sector.
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Number of employees of the Italian fashion company Gianni Versace from 2011 to 2015

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