• How Much Versace Spent on Fashion Shows, Shoots and More

    7 days ago - By WWD

    The accountants have pulled the curtain back at Versace - the 9 million-plus euros it has paid annually for fashion shows and events, the more than 5 million euros for photo shoots and more.
    When Capri Holdings Ltd., also parent to Michael Kors and Jimmy Choo, bought Versace for $2.1 billion last year, the luxury brand morphed from being controlled by the Versace family to being part of a publicly owned holding company. The deal has been described exhaustively in mandated filings to the Securities and Exchange Commission and, on Friday, Capri disclosed the audited financial statements of...
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