Versace wasn't a brand of LLVHH. Versace was an Italian luxury brand founded by Gianni Versace in 1978. It represented a family of brands. Although LLVHH acquired many luxury brands named after their founders, such as Givenchy, Fendi, and Dior, Versace did not belong to LLVHH.
The LVMH success story shows the significance of quality control. Their products are known for high - quality materials and craftsmanship. They invest in skilled artisans and use the finest materials available. This not only justifies the high price tags but also builds long - term customer loyalty. Additionally, their continuous innovation in design and product offerings keeps them ahead in the highly competitive luxury market.
Well, one of the top stories could be about their latest luxury product launches. For example, a new line of designer handbags that are making waves in the fashion world. These new products often feature innovative designs and high - quality materials.
Hotel Versace belonged to Michael Kors (later renamed Capri Holdings), an American luxury group.