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Versace Cuts 350 Jobs

Versace has been a brand in transition for a while now but new CEO Gian Giacomo Ferraris has been shaking things up lately. His latest move is an announcement that the Italian fashion house will lose 350 jobs worldwide by the middle of next year as ...

Versace No Longer Big In Japan?

Is Japan losing its luxury appeal? Last year LVMH scrapped plans for a new Vuitton flagship store in Tokyo's Ginza shopping district and now Versace is pulling out completely. Bloomberg reports that Gianni Versace SpA will close its Japanese stores ...

Versace To Design Helicopters

Versace's done a Lamborghini and they've designed jet interiors, so their next move is an easy guess. The Italian design house is taking on the whirlibird. Fashion Week Daily reports that Versace is teaming up with fellow Italian company, Agusta ...

Versace Edition Lamborghini Murcilago

This is one gorgeous car. It is the standard Lamborghini Murciélago LP640, with a bit of cosmetic enhancement, courtesy of a partnership with Versace. It has a white exterior, black interior and white seats. Most of the interior features ...

Will Versace's CEO Get The Boot?

The news may be slow in the U.S. this weekend but things are heating up in Milan. Bloomberg reports that Gianni Versace SpA's board is meeting to discuss the fate of Chief Executive Officer Giancarlo di Risio. Seems that the CEO ran afoul of La ...

Versace Says No To Major Discounts

Right now a wide variety of brands are cutting their prices by heretofore unseen levels. Luxury at a discount is everywhere. But don't look for a big Versace discount anytime soon. Versace CEO Giancarlo Di Risio, shown at right, recently told Italian ...

Versace Eon Lady's Watch

Versace watches are made by the Timex Group under a licensing agreement. Thus, Timex is responsible for making interesting watches on par with the Versace image. That hasn't quite always worked out, but at the least most of their watches do bear the ...

Versace Residences At The Plaza Sold

Those black and white and fashionable all over Versace residences at the Plaza have joined the other residences that have snapped up in the revamped New York icon. New York magazine reports that the two apartments, a 1,212-square-foot one bedroom ...

Di Risio Out At Versace

So much for the show of unity at Versace. the Wall Street Journal and other sources are reporting that CEO Giancarlo Di Risio has resigned. Over Memorial Day weekend it was believed that Di Risio would be fired after months of pitched battle with ...

Versace To Design Jet Interiors

Not content with fashion and a burgeoning hotel empire, Versace will now be designing interiors for private jets. The fashion company has announced a new collaboration with Tag Group SA to design interiors for the Boeing BBJ, Bombardier Global ...

Versace Scarf Thong Sandal

During the summer months, sometimes it feels like the goal in getting dressed in the morning is to wear as little as possible just to stay cool. Of course you still want to be fashionable (and look respectable) without sweating like a pig. One of the ...

Versace Opens Milan Furniture Boutique

At the start of Milan's Furniture Salon fair, Versace returned to home turf showing their new furniture collection at the the Italian designer's show apartment in a 15th century palazzo. Reuters reports that the apartment was divided into theme ...

Versace Designs An A319 Jet

Versace and TAG to are teaming up to design a luxury interior for private Airbus 319 jet. If you've seen the many Versace designs for helicopters, jets and homes, the picture above is no surprise. The Versace look of black and white with high-end ...

Patrick Dempsey is the New Face of Versace

Patrick Dempsey is having a great year. Not only does he play a sexy doctor on a top TV show, star as a romantic lead in a box office smash but now he has received an honor that has been generally reserved for gorgeous women such as Halle Berry, ...

Versace To Relaunch Versus For Aspirational Consumers

Back in January, Versace CEO Giancarlo Di Risio emphatically stated that Versace would not be dropping prices in response to economic pressure. It seems now that he has found another method of courting the consumer with less to spend. Versace is ...

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