Versace


Versace

Gianni Versace S.p.A. is an Italian clothier founded by Gianni Versace in 1978. After Gianni Versace was killed by Andrew Cunanan on July 15, 1997, his sister Donatella Versace, formerly vice-president, stepped in as creative director of the designing House and his older brother Santo Versace became CEO. Currently, Donatella Versace controls the majority of the company's assets until her daughter, Allegra, the sole-heiress of the Versace fortune, is prepared to take an active role.

The first Versace boutique was opened in Milan's Via della Spiga in 1978, and its popularity was immediate. Today, Versace is one of the world's leading international fashion houses. Versace designs, markets and distributes luxury clothing, accessories, fragrances, makeup and home furnishings under the various brands of the Versace Group.

Versace's Style Department employs a group of designers and stylists who work in teams. Each team is specifically dedicated to each fashion line or label. These teams operate under the close supervision and guidance of Creative Director, Donatella Versace.

Versace lines
There are several lines which make up Versace Group. They are: Gianni Versace Couture, Versus, Versace Jeans Couture, Versace Ceramic Designs, Versace Collection (which replaced Versace Classic in 2005), Versace Sport. In addition to clothing and accessories, it also operates a hotel, the Palazzo Versace.

Gianni Versace Couture, which contains high-end, often handmade apparel, jewellery, watches, fragrances, cosmetics and home furnishings, is the House's main line. Traditionally, this is the only line which is presented on the runway which is shown during Milan's fashion week, but this has not be strictly the case in recent years. Couture dresses in this line may cost about $10,000 and a suit $5,000. Donatella Versace directly heads this line and designs a vast amount of the items. Many of the accessories and home furnishings are licenced through Rosenthal and other notable companies. Most of these have the unique Versace Greek print of Medusa and/or the Greek Key motif. Atelier Versace was a haute-couture line which was discontinued soon after its inception due to lack of sales and a fall in couture marketablility.

Versace Collection, Versace Jeans Couture and Versus are all licenced diffusion lines. These clothing lines incorporate elements of the signature Gianni Versace line, while focusing on current seasonal trends. Often these lines are created and produced via other designer companies, which are in constant communication with the Versace Group. Versace Collection is aimed at a younger audience than the main lines and it is also more available to a variety of economic demographics. This collection replaced Versace Classic for Spring/Summer 2005 in a drive to eradicate a skewed Versace image, due to the diffusion of multiple clothing lines within the company. In addition to the Versace Classic, the clothier also discontinued Versace Intensive and Versace Young in 2005 for the same reasons.

Versace Jeans Couture, a casual clothing line, focuses on informal clothing: high-end denim and classic Gianni Versace print shirts. It is readily available and comparably affordable. This line is distributed through 56 boutiques and flagship stores, and 1800 multi-brand points of sale, including Internet-based shops. Versace Sport is comprised of activewear and accessories. The name is often printed on t-shirts. Versace Precious Items makes timepieces, jewellery, and writing instruments, and is a sub-brand of Gianni Versace. The quality timepieces and fine jewellery are made in Switzerland, and the writing instruments are made in France.

Versace has taken the fashion industry by storm the last few years with Donatella's independent, strong woman inspired collection, but at the same time making it look sexy, fierce, and chic. Versace has a very wide band of A list celebrities and models supporting Versace as well as wearing their clothing. Versace has had celebrities like Madonna pose for their fashion pictures along with top world super model Kate Moss.

Versace going public
In May 2006, it was reported in WWD that Versace chief executive Giancarlo Di Risio said Versace Group would consider an IPO (initial public offering) on the stock market by next year, ahead of a proposed schedule. This was due to a drop in operating losses from £62m to £4m for 2005, based on sales for the House during the prior 12 months.

Faces of Versace & celebrity culture
Versace has many fans among well-known celebrities. Elton John has long been a wearer of Versace, often featuring custom items covered in diamonds or Swarovski crystal. Other notables fans of the Versace fashion house are Michael Jackson and Elizabeth Hurley. Tupac Shakur (2pac) rapped about wearing the Versace label in songs such as "Hit 'Em Up" which rival rapper Notorious B.I.G, aka Biggie Smalls, allegedly perceived as disrespectful to himself, and was also a Versace model. The late rap icon The Notorious BIG was known for his love of Versace sunglasses.

Jennifer Lopez is known to wear Versace in many of her red carpet fashions. Many of the dresses that Lopez has worn has brought much publicity to the fashion house. Lopez wore one of these dresses to the 2000 Grammy's. The dress became infamous for its frontal area.

Versace is unique among Italian fashion houses to use a "face" for the House. The design company sometimes features famous individuals in their widely-seen advertisements. Whereas other houses often rely on press attention, Versace has gone a step further in their advertising strategy. As part of a such a "face" feature, the celebrity is often paid a sum and Versace clothing, compliments of the House. Madonna, for example, was paid $10.5m and given free Versace clothes for 2 years for her contribution to Versace advertising campaign in 2005.

Some of the celebrities that have been the face "for Versace" are Madonna (1995 and 2005), Demi Moore, Britney Spears, and Christina Aguilera. Halle Berry was the face of Versace for Spring/Summer 2006.

Versace used the models Carolyn Murphy, Angela Lindvall, Daria Werbowy, Christy Turlington and Kate Moss to front the Fall/Winter 2006/7 campaign.

Versace boutiques
Versace has eighty one boutique locations around the world, in the US and Canada specifically: New York, Atlanta, Boston, Bal Harbour, Tysons Galleria, Rome, Beverly Hills, Orlando, Dallas, Los Angeles, Houston, and King of Prussia (near Philadelphia), San Francisco and Vancouver Canada. Versace also features 123 retail areas in a variety of luxury multi-designer department stores such as Neiman Marcus, Bergdorf Goodman, and Saks Fifth Avenue.

Versace watches
Gianni Versace and Frank Mueller launched the first Versace watch collection line in 1994. The name of the first collection was Atelier and soon became a must among fashionistas and Versace brand lovers.

Since then, the collection of Versace timepieces has evolved and the range of products of the Medusa fashion brand has greatly been expanded.

Versace watches line are produced under license agreement in Switzerland. Timex bought the license in 2005 but the Versace watch line is still produced and operated from Switzerland by Vertime SA.

Since the discontinuation of the Atelier collection a new line from the Italian fashion house, Versace Precious Items evolved. The collection includes watches, fine jewelry, and writing instruments.

Versace is one of the leading couture designers that has taken the catwalk fashion runway by storm. (Credit: Wikipedia).

 

Palazzo Versace

The Palazzo Versace (meaning Versace Palace) is a luxury hotel jointly owned by Australian company Sunland Group Ltd and Emirates Investments Group Australia Pty Ltd, and is the world's first Versace hotel. It is situated on the Gold Coast, Queensland, Australia. The hotel is the most expensive in Australia. The most expensive room, the Imperial Suite, is available for $AUD2500-3500 per night, depending upon seasonal factors. U2 stayed at Versace while playing concert in Brisbane during late 2006, and Tara Reid stayed there in early January 2007.

Structure
The five-story hotel opened its doors in 2000 and incorporates 205 elegant and classically designed rooms, 72 neighbouring condominiums, 3 award-winning restaurants and a private marina, all located on a historic site at the edge of the Gold Coast Broadwater along the Southport Spit.

All cutlery and china in the hotel is Versace. Framed photographic work from Gianni and Donatella's collection line the hotel's corridors. The rooms are furnished with a special range designed exclusively for the hotel by the House of Versace in Milan. The bathroom sinks are each made from one piece of marble, and the hotel has 28 pools.

Five Italian mosaic tilers, with an average age of 75 years, built the hotel's driveway in six weeks. Each tiler originated from a different region of Italy, collecting the stones used from their own local area.

The 750kg chandelier which hangs in the lobby was once used in the State Library in Milan. It was purchased by Gianni Versace and kept in storage pending its installation in his personal home in Miami. Tragically, he died before the installation could be carried out and Donatella Versace, who inherited it, decided that it should be used in the hotel where it hangs today.


Dining
Il Barocco - Serves contemporary cuisine, in a setting of elegant informality. Famous for its buffet breakfast.
Vanitas - The select premier restaurant of the hotel, where a 10,000+ bottle cellar of rare quality compliments innovative cuisine.
Vie - Stylish bar and restaurant which overlooks the marina. Vie also features a selection of cigars in its Cuban Cigar Room.
Le Jardin - Chic, cosmopolitan meeting place. Coffee, cocktails and traditional high-tea.

In the media
The hotel became a focal point of world media attention on 4 January 2006, when long serving ruler of the United Arab Emirates, Sheikh Maktoum bin Rashid al Maktoum died of a heart attack whilst staying at the hotel.


Dubai
Gianni Versace SpA, Sunland Group Limited and Emirates International Holdings have announced the development of the second Palazzo Versace Resort in Dubai, which is currently being developed,a representative of the Sunland Group has recently stated in the media. There are also plans of building another 4 situated around the world in capitals. The only city to be stated in plans so far is Paris. The plans come after the success of the original Palazzo Versace Resort on the Gold Coast, Australia.
(Credit: Wikipedia)

Profiles

Palazzo Versace, Gold Coast, Australia

Luxury Directory

Fashion

Websites

Versace

Palazzo Versace, Gold Coast, Australia

Sunland Group

Greg Tingle, Media Man Australia director, at Palazzo Versace, Gold Coast, Australia