Versace is an Italian luxury fashion company founded by Gianni Versace in 1978.
The Versace brand is known for its innovative designs having symbolic flashy prints and bright colours.
The Versace logo is the head of Medusa, a Greek mythological figure. Gianni Versace chose Medusa as the logo because she made people fall in love with her and he hoped his company would have the same effect on people.
In 1982, the company expanded into the accessory, jewelry, home furnishing, and china industries, and 1993 Giannis sister, Donatella Versace, created the “Young Versace” line as well as “Versus”.
Versace was often described as the “Rock n’ Roll designer” because they designed for many famous clients, including Elton John and Michael Jackson.
After the murder of Gianni Versace in 1997, his sister Donatella took over as creative director and his older brother Santo Versace became CEO.
On 24 September 2018 Michael Kors announced that it offered a deal to buy Versace for 2 billion euros and in September of 2018 Versace announced that one hundred percent of all Versace family shares had been sold to the Group Michael Kors Limited.