PROFILE |
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Designer Gianni Versace lives on in every clingy chiffon gown or slinky pantsuit sent down the catwalk by his namesake company. Gianni Versace designs, manufactures, and licenses apparel and other items (accessories, fragrances, cosmetics, leather goods) sold in company-owned boutiques and in other stores worldwide. Its collections include Atelier Versace, Versace Couture, Versace Jeans, Versus, Versace Sport, and V2. Founder Gianni Versace unveiled his first fashion collection in 1978. His 1997 murder put IPO plans on hold, but the company has since reorganized, slashed licenses, and plans to go public in the next few years. Versace's brother Santo, sister Donatella, and niece Allegra Beck own the company.
COMPETITION |
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Giorgio Armani S.p.A. (dossier)
Gucci Group N.V. (GUC)
LVMH Moët Hennessy Louis Vuitton SA (LVMHY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 425.50
1-Yr. Sales Growth: (1.5)%
Employees: 1,500
Revenue per employee: $283,666.67
KEY PEOPLE |
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Santo Versace
CEO
Giovanni Galbiati
CFO
CONTACT INFO |
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Via Manzoni 38
20121 Milan, Italy
Phone: 39-02-760-93-1
Fax: 39-02-760-04122
Online: Web Site
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