October 20, 2016 9:58 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Gianni Versace S.p.A.

Company Overview

Gianni Versace S.p.A. manufactures and distributes clothes and accessories for men and women. The company offers bags, shoes, pens, eyewear, fragrances, watches, jewelry, and home products. It sells products online, as well as through its stores and boutiques in Europe, the Russian Federation and Central Asia, the Middle East, the Asia Pacific and Australia, China Mainland, Japan, the United States, Canada, and Central and South America. The company was founded in 1978 and is based in Milan, Italy. Gianni Versace S.p.A. operates as a subsidiary of GIVI Holding S.p.A.

Via Manzoni, 38

Milan, MI 20121


Founded in 1978


39 02 760931


39 02 76 00 41 22

Key Executives for Gianni Versace S.p.A.

Chief Executive Officer
Chairman and President
Age: 71
Chief Executive Officer of U.S Operations
Vice President, Artistic Director and Director
Age: 57
Director of Wholesale Worldwide
Age: 46
Compensation as of Fiscal Year 2016.

Gianni Versace S.p.A. Key Developments

Versace Mulls IPO

Gianni Versace S.p.A. plans to float part of the business but is waiting for less volatile markets. Versace has hired Jonathan Akeroyd to help it smarten up for IPO. Akeroyd will be tasked with expanding its stores and website in the run up to a float.

Gianni Versace S.p.A. Appoints Jonathan Akeroyd as Chief Executive Officer

Gianni Versace S.p.A. announced that Jonathan Akeroyd has been appointed Chief Executive Officer. Mr. Akeroyd served as CEO of Alexander McQueen from 2004 until May 2016. He succeeds Gian Giacomo Ferraris, who joined Versace in 2009 and led the company during an important period of strong growth.

Versace Reports Revenue Results for the Year 2015

Versace reported revenue results for the year 2015. Revenues in 2015 grew 17.5%, due to sales of its accessories and its cheekier second line. While the brand's revenues grew by €645 million ($720 million), its retail sales were 28.9% higher at €400.7 million and income from e-commerce was up 31.2%. Revenues were up 33% in Europe, 36.6% in China, 26.7% for the whole of Asia and 27.0% in North America.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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