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November 30, 2015 11:40 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. 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: 70
Chief Executive Officer of U.S Operations
Vice President, Creative Director, and Director
Age: 56
Director of Wholesale Worldwide
Age: 45
Compensation as of Fiscal Year 2015.

Gianni Versace S.p.A. Key Developments

Gianni Versace Plans IPO

Gianni Versace S.p.A. is likely to select the United States or Asia for its planned stock market listing, Chief Executive Officer Giangiacomo Ferraris said. Versace is working on an initial public offering (IPO). A source close to the matter said that the IPO could take place as early as 2016. He stated that there were several options for the bourse listing. "Our market shares in Asia are well distributed. Our investor Blackstone is American with offices in London, our brand is Italy-based so the range of possibilities is large. We'll decide when the moment comes," he said. "The (IPO's) goal is to ensure the long-term prospects of the company and reduce its dependence on the family," he added.

Versace Opens New Hawaii Store at Ala Moana Center

Versace has opened a new Hawaii store at Ala Moana Center in the former Big Island Candies space between Tumi and Armani Exchange in the mall's Macy's wing. The Versace store marks a reentry into the Hawaii market for the Italian luxury brand. Many years ago, there was a Versace Collections store at the state's shopping center, which sold the Versace brands via an exclusive licensing agreement, a former store employee previously told PBN.

Gianni Versace Plans For IPO

Gianni Versace S.p.A. is planning for an initial public offering (IPO) in the next three to five years. Gian Giacomo Ferraris, Chief Executive Officer of Gianni Versace said, "The vision is to maintain independence. In this intermediate period you need a financial investor, not a strategic investor. If you compare us with competitors, we deserve to be bigger. That is why we need a little financial help."

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