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Versace

Versace luxury fashion house ‘to be sold shortly’

MILAN: Italian fashion giant Versace is about to be sold, the country's biggest-selling newspaper said on Monday, citing anonymous sources who suggested the deal could come in the next few hours. Donatella Versace, the brand's artistic director and vice-president of the group, has called a staff meeting in Milan for Tuesday, according to the Corriere della Sera newspaper. Celebrity shoemaker Jimmy Choo, luxury jeweller Tiffany & Co and US fashion group Michael Kors Holdings were listed as possible buyers. The…

Versace will stop using fur in products, says Donatella

LONDON: Donatella Versace has said her family's luxury fashion label will no longer use real furs in its products, according to an interview with a British magazine. The Italian fashion queen and Versace's creative director told The Economist's 1843 magazine that it would stop the practice, without providing further details on the change. "Fur? I am out of that," Versace said. "I don't want to kill animals to make fashion. "It doesn't feel right." Versace's headquarters in Milan, Italy, could not be reached for…