Gianni Versace SpA - apparel and textile industry company news 
UK: PPR acquires majority stake in Christopher Kane
15 January 2013
French apparel and luxury group PPR has acquired a 51% stake in designer brand Christopher Kane in order to help develop the business.
ITALY: Jonathan Anderson to design for Versace's Versus
30 November 2012
Italian fashion house Gianni Versace Spa has revealed that Jonathan Anderson will design a capsule collection for its diffusion line Versus.
ITALY: Versace's Versus line in new digital strategy
20 November 2012
Italian fashion house Gianni Versace Spa is overhauling its Versus diffusion line, in a move that will see it part company with creative director Christopher Kane and work instead with a pool of young designers.
just-style management briefing: Speed and flexibility a boost to profitability
2 July 2012
Fast fashion has had a fundamental impact on the apparel industry in the space of just a few decades, with global fashion giants such as Zara and H&M demonstrating a previously unthinkable production speed, with the ability to get a garment from concept to store in less than 12 weeks.
SWEDEN: H&M teams up with Maison Martin Margiela
12 June 2012
Swedish fashion retailer H&M Hennes & Mauritz is teaming up with experimental French fashion house Maison Martin Margiela to launch its latest clothing collection.
ITALY: Versace considers IPO?
29 May 2012
Italian fashion house Versace may look for outside investors and could consider an initial public offering to fund growth, according to reports.
HONG KONG: Ports Design chairman resigns over loans
22 May 2012
The chairman of Hong Kong based fashion retailer Ports Design has been forced to resign after the company failed to disclose a number of interest-free advances.
just-style management briefing: The unusual and unpredictable on just-style in 2011
19 December 2011
From fabrics that moisturise and kill bacteria to bizarre weather and media scandals, the global style sector in 2011 certainly had its share of unusual news and unpredictable developments.
SWEDEN: H&M announces Marni collaboration
29 November 2011
Fashion retailer H&M today (30 November) revealed plans to collaborate with Italian brand Marni on a collection for the high street brand.
Europe's luxury fashion industry maintains its integrity
23 November 2011
Some of the biggest names in fashion have been told by European Union (EU) industry commissioner Antonio Tajani that their design and craftsmanship would enable the sector to hold its own in an increasingly competitive global marketplace.
ITALY: Armani bans sandblasting after activists campaign
15 September 2011
Italian fashion house Giorgio Armani SpA is joining Gucci and Versace in banning sandblasting from its clothing supply chain after a sustained campaign by activists.
ITALY: Dolce & Gabbana deletes Facebook protests
10 August 2011
Italian fashion house Dolce & Gabbana has deleted comments made on its Facebook page by nearly 30,000 activists calling on the company to ban the process of sandblasting, which gives jeans a used look but is highly dangerous to workers.
SWEDEN: H&M teams with Beckham on bodywear
28 July 2011
Swedish fashion giant H&M Hennes & Mauritz AB is teaming up with soccer star David Beckham to sell his new range of underwear in its stores around the world.
ITALY: Versace bans sandblasting after Facebook campaign
21 July 2011
Italian fashion house Gianni Versace is to ban its clothing suppliers from using sandblasting, a technique used to give jeans a used look which is highly dangerous to workers, after a sustained campaign by activists on the company's Facebook page.
SWEDEN: H&M unveils Versace collaboration
21 June 2011
Apparel retail giant H&M’s latest high-profile design collaboration is with Versace, including a reinterpretation of the house’s style by creative director Donatella Versace.
US: Barry Miguel named 7 For All Mankind president
12 April 2011
Upscale denim brand 7 For All Mankind has named industry veteran Barry Miguel, the former CEO of CEO of New York City based Tracy Reese, as its new president.
CHINA: Septwolves buys luxury goods retailer
6 April 2011
Men's clothing company Fujian Septwolves Industry Co Ltd has bought luxury goods retailer Hangzhou Kenna Clothing Co for CNY70m (US$10.7m).
US: Macy's designer series launches with Kinder Aggugini
15 February 2011
Department store retailer Macy's today (15 February) launches its first designer collaboration with London-based Kinder Aggugini, who has worked with fashion icons and design houses including John Galliano, Vivienne Westwood, Paul Smith, Calvin Klein, Costume National and Versace.
ITALY: Paris Group set to buy Gianfranco Ferré
11 February 2011
Dubai-based fashion business Paris Group is poised to become the new owner of Maison Gianfranco Ferré after its offer was accepted by the government commissioners running the business.
US: Kinder Aggugini to launch Macy’s designer series
22 October 2010
Department store retailer Macy’s is jumping on the designer collaboration bandwagon with a series of limited-edition women’s apparel lines launching next February.
UK: Police make massive fake fashion goods seizure
22 March 2010
UK and US authorities have unveiled what is believed to be one of the biggest seizures of counterfeit apparel in British history.
SWITZERLAND: Brian Atwood to leave Bally shoe brand
5 March 2010
Swiss shoe brand Bally International AG has parted company with its artistic director Brian Atwood.
ITALY: Versace close to job cuts agreement – reports
29 January 2010
Fashion label Gianni Versace is closing in on an agreement to cut more than 25% of its workforce in a move designed to safeguard the company’s future, according to media reports.
COMMENT: Luxury firms must adapt to the ‘new normal’
30 October 2009
Luxury retail has been one of the sectors hardest hit by the global recession, as shoppers increasingly defer new purchases, spend less, or simply trade down to discounts on higher-end brands or fast fashion alternatives. However, amid signs the market is starting to stabilise, retailers are warned the post-recession luxury market will be far different from the one that came before.
Top stories on just-style this week...
30 October 2009
Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.
INSIGHT: Versace cuts jobs as luxury downturn bites
29 October 2009
Italian fashion house Versace Group today (29 October) confirmed to just-style that it is cutting 350 jobs – around a quarter of its worldwide workforce – as it struggles to cope with the slowdown in spending on luxury items.
ITALY: Versace closes Japan boutiques to start afresh
12 October 2009
Italian fashion house Versace has decided to shut its Japanese boutiques following a business review, but said it will rebuild the brand in the country "with a clean slate".
ITALY: Versace moves licence from Ittierre to Facchini
8 September 2009
Italian fashion house Versace has moved the production and distribution of its VJC and Versace Sport lines away from IT Holding unit Ittierre, and licensed it instead to Facchini Group.
INDIA: Higher costs push S Kumars to FY profit drop
3 July 2009
Indian fabric and apparel maker S Kumars Nationwide Ltd, one half of an investment group that has successfully bid for bankrupt US suit maker Hartmarx Corporation, has posted a 5.1% drop in full-year profit as soaring sales failed to offset higher costs.
ITALY: Ferraris named as new Versace CEO – reports
10 June 2009
Jil Sander chief executive Gian Giacomo Ferraris has been appointed as the new CEO of Italian fashion designer Gianni Versace SpA, it has been widely reported.
