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Versace is the brand name for the clothing business created by Gianni Versace. The company is currently headed by Donatella Versace.
Founded in 1978, Versace is one of the world's leading international fashion houses. The Italian parent company of the Versace Group, Gianni Versace S.p.A., designs, markets and distributes luxury clothing, accessories, fragrances, makeup and home furnishings under the various brands of the Versace Group. These brands include: Versace, Versus, Versace Jeans Couture, Versace Classic V2, Versace Sport, Versace Intensive, Versace Young and Palazzo Versace.
Versace's Style Department employs an exceptional group of designers and stylists who work in teams specifically dedicated to each individual line. All of these teams operate under the close supervision and guidance of Creative Director, Donatella Versace.
To ensure the highest quality, all Versace products are crafted by carefully selected manufacturers. Versace collections are distributed through a network of 240 exclusive boutiques, over 150 dedicated spaces in major department stores and duty-free areas, as well as a number of selective multi-brand boutiques in 60 countries.
The Versace Group directly employs 1,500 people and provides indirect labor for an additional 5,000 worldwide.
With a solid international presence, the Versace Group boasted sales in excess of 822 billion lira and net earnings of 18 billion lira in the 1999 fiscal year.
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