Global net sales of Versace from 2019 to 2024
In the fiscal year ended March 30, 2024, Versace had global revenues of approximately one billion U.S. dollars, a slight decrease on the previous year. Over the displayed time period, the revenue of Versace has increased, starting at roughly 840 million dollars in 2020.
Who owns versace?
The Italian luxury fashion brand Versace is now owned by Capri Holdings Limited, after being acquired towards the end of 2018. Capri Holdings was formerly called Michael Kors Holdings and has a portfolio of brands including Michael Kors and Jimmy Choo. The revenue of Capri Holdings Limited amounted to more than 5.65 billion U.S. dollars in the financial year 2024. With the exception of financial year 2021, revenues have remained consistent since 2020.
How well known is Versace?
In a ranking of the most recognized luxury brands worldwide in 2022, Versace ranked 13th out of 60 brands considered. This was higher than fellow Capri Holdings brand Michael Kors. Other luxury fashion groups LVMH and Kering both had several brands ranked higher than Versace, such as Gucci and Saint Laurent for Kering, and LVMH’s brands Louis Vuitton, Dior, and Fendi. Louis Vuitton was ranked as the most valuable luxury brand by a considerable margin in 2023, at 125 billion U.S. dollars.
