Versace open to investors as European luxury reports a slowdown

04/04/2013

Italian fashion house and high-end leathergoods brand Versace is ready to sell some of the company to outside investors to help fund expansion in Asia, its chief executive said. Founded in 1978 by the late Gianni Versace, the group faces the same dilemma as peers such as Missoni, Roberto Cavalli and Giorgio Armani - keep the business in the...