Fashionista: Versace Chairman Responds to Rumors He’s Selling His Stake in the Company

Fashionista Fashionista.com is an online explosion of personalities, companies, events and trends that shape the fashion universe. We chronicle the fashion trail from the runway to the first Canal Street knockoffs, while dishing the latest in supermodel gossip and finding the hottest new designers.

Versace Chairman Responds to Rumors He's Selling His Stake in the Company Jan 30th 2013, 15:45 Could Versace be going the way of other iconic family-owned Italian label Valentino which sold for $852 million last year? According to WWD, an Italian paper reported that a Korean fund was in talks with Versace chairman Santo Versace to acquire his 30% stake in the company. Now, Santo Versace has responded, calling the rumors completely false, the trade is reporting. But while Santo may not be selling his shares now, could outside investment be part of the company’s future? Continue reading » Follow Fashionista on Twitter or become a fan on Facebook.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions