Italian fashion house Versace said on Thursday it had started 2014 on a strong footing thanks to a double-digit rise in sales from its own shops in the first quarter, following a 19 percent increase for the whole of 2013.
Total revenue at the luxury group, which may seek stock market listing in the future after the recent sale of a 20 percent stake to U.S. private equity group Blackstone ,
rose 17 percent last year to 479 million euros ($660 million).
The Italian fashion house, favoured by celebrities and pop stars including Lady Gaga, finally returned to profit in 2011 after struggling for years following the murder of founder Gianni Versace in 1997.
http://www.iii.co.uk/news-opinion/reuters/news/156870
Also :
Although Versace isn’t typically synonymous with American style, sales were particularly good in the U.S., up 32.2 percent. (Maybe Lady Gaga had something to do with upping awareness here?)
Asia also saw an uptick in sales, up 18.5 percent, while Europe grew 8.1 percent
http://fashionista.com/2014/03/versa...ly-in-america/
WoW
Gaga her power
I use him so much
