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Italian luxury fashion house with Medusa logo and Baroque prints; Capri Holdings (CPRI) Prada acquisition pending after 2024 deal, competing with Dolce and Gabbana and Givenchy for maximalist luxury.
Versace is a Milan-based Italian luxury fashion house — known for its bold, maximalist aesthetic, Baroque-print silks, Medusa logo, and glamorous ready-to-wear clothing, accessories, handbags, fragrances, and home furnishings — founded in 1978 by Gianni Versace and now owned by Capri Holdings (NYSE: CPRI, the luxury group also owning Michael Kors and Jimmy Choo). Following Gianni Versace's murder in 1997, the brand was steered by his sister Donatella Versace as Creative Director and is now navigating a transition as Capri Holdings sold Versace to Prada Group in late 2024.
Kering-owned (KER) Italian luxury house with $7-9B revenue competing with LVMH and Hermes; Gucci Ancora creative direction under Sabato De Sarno addressing 2024 revenue decline from Chinese luxury slowdown.
Gucci is a Florence, Italy-based luxury fashion house — among the world's most recognized luxury brands — designing and retailing leather goods, handbags, shoes, clothing, watches, jewelry, fragrances, and eyewear under its interlocking double-G logo identity globally. Owned by Kering Group (Euronext Paris: KER, which also owns Saint Laurent, Bottega Veneta, and Balenciaga), Gucci generates approximately €7-9 billion in annual revenue as Kering's largest brand, operating 500+ directly operated stores across 60+ countries. In 2023, Kering appointed Sabato De Sarno as creative director (replacing Alessandro Michele), launching the "Gucci Ancora" collection that returned the brand toward refined Italian elegance from Michele's ornate maximalist decade.
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