Versace is owned by Capri Holdings (the United Kingdom, NYSE: CPRI), which acquired the brand on 31 December 2018 for $2.1 billion.[1][2] Versace was founded in 1978 in Milan and was independent until 2018.
Versace was founded in Milan in 1978 by Gianni Versace, whose bold prints and Medusa head emblem defined a strand of 1990s fashion. His sister Donatella took over the design after his murder in 1997. Capri acquired the house in 2018 for about $2.1 billion.
What Capri Holdings's annual report says about Versace
Sentences about Versace from Capri Holdings's latest annual filing[1], copied word for word.
On April 8, 2025, our Board of Directors made the decision to sell Versace to Prada, and a definitive agreement was entered into on April 10, 2025.
Accordingly, we determined that the held for sale and discontinued operations criteria were met and we classified the results of operations and cash flows of our Versace business as discontinued operations in our consolidated statements of operations and comprehensive income (loss) and consolidated statements of cash flows for all periods presented.
Since we have classified our results of operations of the Versace business as discontinued operations for all periods presented, we are also providing comparisons between Fiscal 2025 and Fiscal 2024.
How often Capri Holdings names Versace in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named less often than it was three years earlier.
Capri Holdings is a publicly listed company headquartered in London, United Kingdom, founded in 1981. Brandtree records 3 brands under its control, and it is listed as NYSE: CPRI.
Capri Holdings was created in 2018 when Michael Kors renamed itself after buying Jimmy Choo and Versace, intending to build an American luxury group. Tapestry agreed to acquire it in 2023, but a United States court blocked the deal in 2024 on competition grounds, so it remains independent.
Brandtree records a controlling owner for 210 brands that began in Italy.
77 of them (37%) are now controlled by a company headquartered in another country, Versace among them.
Michael Kors acquired Versace for about $2.1 billion and renamed itself Capri Holdings, following the same logic that had turned Coach into Tapestry a year earlier. Donatella Versace stayed as creative director and the family took shares in the buyer.
The parent company of Versace is Capri Holdings, a publicly listed company headquartered in the United Kingdom.
Is Versace Italian or British?
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Versace originated in Italy in 1978, but it is owned today by Capri Holdings, which is headquartered in the United Kingdom. So Versace is an Italian-origin brand under British ownership.
When did Capri Holdings buy Versace?
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Capri Holdings completed its acquisition of Versace on 31 December 2018, after announcing the deal on 25 September 2018. The deal was valued at $2.1 billion (enterprise value).
Who owned Versace before Capri Holdings?
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Versace was an independent company from its founding in 1978 in Milan until Capri Holdings acquired it in 2018.
Is Versace still owned by Capri Holdings?
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Yes. As of 10 October 2026, Versace is still owned by Capri Holdings. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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