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.
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.
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Frequently asked questions
Who is the parent company of Versace?
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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 16 September 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.