versace now | is Versace still in business

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The fashion world is a whirlwind of change, a constant evolution of trends and aesthetics. Yet, some houses remain steadfast beacons, their names synonymous with luxury, innovation, and enduring style. Versace, a name etched in the annals of fashion history, continues to captivate audiences globally, even amidst speculation and the natural ebb and flow of the industry. Recently, a photograph of Donatella Versace following a London performance of *The Devil Wears Prada: The Musical* sparked a renewed interest in the house, prompting questions about its current state, its future direction, and the woman at its helm. This article delves into the current landscape of Versace, exploring its new woman, ownership, latest collections, new arrivals, and the enduring legacy of Donatella Versace herself.

The Versace New Woman: Beyond the Supermodel

The Versace woman has always been a powerful archetype, a symbol of confident femininity, unapologetic sensuality, and unafraid extravagance. From the iconic supermodels of the 90s, who embodied the brand’s bold aesthetic, to the contemporary figures gracing its campaigns, the Versace woman has evolved while maintaining her core identity. Today, the Versace woman is multifaceted. She is both powerful and vulnerable, sophisticated and rebellious, classic and modern. She is a woman who embraces her individuality, celebrating her strength and her sensuality without compromise. This evolution is reflected in the brand's recent collections, which showcase a broader range of styles and silhouettes, catering to a more diverse and inclusive clientele. The brand's marketing campaigns also reflect this shift, featuring a wider spectrum of models and influencers, emphasizing diversity and representation. The Versace new woman is not simply a singular ideal; she is a celebration of female strength and individuality in all its forms.

Who Owns Versace Now? The Tapestry of Ownership

Understanding the current state of Versace requires understanding its ownership structure. The house was founded by Gianni Versace in 1978, and after his tragic death in 1997, the reins were taken up by his sister, Donatella Versace. However, the family's sole control ended in 2018 when the Versace brand was acquired by Capri Holdings Limited (now Tapestry, Inc.), a luxury goods conglomerate. This acquisition marked a significant turning point in Versace's history, injecting substantial financial resources and strategic expertise into the brand. While Donatella Versace remains a crucial figure, serving as the creative director and a driving force behind the brand’s vision, the majority ownership now rests with Tapestry, Inc. This shift in ownership has allowed Versace to expand its reach, invest in new technologies, and further solidify its position in the luxury market. The acquisition, however, hasn't diminished the brand's unique identity or its commitment to its heritage; rather, it has provided the infrastructure for continued growth and innovation. This structure allows for a balance between the creative vision of the Versace family and the strategic business acumen of a larger corporate entity.

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