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Why was Versace cancelled?
designer Gianni Versace

Prod. On the morning of July 15, 1997, fashion designer Gianni Versace is shot and killed outside his Miami Beach mansion by Andrew Cunanan.At the time of his death, Versace's empire was valued at $807 million and included 130 boutiques across the world.Andrew Phillip Cunanan (August 31, 1969 – July 23, 1997) was an American spree killer who murdered five people over three months from April 27 to July 15, 1997. His victims include Italian fashion designer Gianni Versace and Chicago real estate developer Lee Miglin.

What happened to the Versace brand : In September 2018, Michael Kors offered to buy Versace for two billion euros. Versace announced all Blackstone and Versace family shares were sold to Michael Kors Limited. The acquisition was completed in December 2018, with Donatella Versace remaining head of creative design.

What fashion designer was killed in 1995

For a man whose very name had come to symbolize elegance, Maurizio Gucci's death was sadly déclassé. The 46-year-old third-generation scion of the Italian fashion dynasty had left his Milan apartment just after 8:30 a.m. on March 27, 1995, for the short walk to his office 50 yards away.

What happened to Versace : Versace, 50, was fatally shot by a man named Andrew Cunanan, 27, who was already the target of a nationwide manhunt by the FBI for killing at least four other men across the country.

Allegra

On her 18th birthday, she received 50% ownership of Gianni Versace S.p.A. Allegra's uncle Santo Versace already owned 30% of the fashion empire, and her mother already owned 20%, but due to a long-standing disagreement between the two, the remaining 50% of the Versace empire was bequeathed by Gianni to Allegra.

July 15, 1997, Jackson Memorial Hospital, Miami, Florida, United StatesGianni Versace / Assassinated

What happened to Versace man

The investigation into Versace's murder ended July 23, 1997 — eight days after the designer's death — when Cunanan apparently shot himself to death on a boat house, about two miles away from Versace's house in Miami Beach.Versace's iconic designs, high-profile collaborations, celebrity endorsements, and global retail presence have ensured that the brand remains popular in today's competitive fashion industry.Versace's reputation for ultra-glamorous and spectacular designs has made it one of the most popular luxury fashion brands in the world.

March 27, 1995, Milan, ItalyMaurizio Gucci / Assassinated

Maurizio Gucci (26 September 1948 – 27 March 1995) was an Italian businessman and the one-time head of the Gucci fashion house. He was the son of actor Rodolfo Gucci, and grandson of the company's founder Guccio Gucci. On 27 March 1995 he was assassinated by a hitman hired by his former wife Patrizia Reggiani.

Who owns 20% of Versace : In February 2014, The Blackstone Group purchased a 20 percent stake in Versace for €210 million. In September 2018, Michael Kors offered to buy Versace for two billion euros. Versace announced all Blackstone and Versace family shares were sold to Michael Kors Limited.

Who owns Versace now : Capri HoldingsVersace / Parent organization

In 2018, Michael Kors acquired the Italian label for more than $2bn following decades of ownership by the Versace family. At that point, Michael Kors shifted Versace and shoemaker Jimmy Choo, which it bought in 2017, under a new company called Capri Holdings.

What happened with Versace

Versace, 50, was fatally shot by a man named Andrew Cunanan, 27, who was already the target of a nationwide manhunt by the FBI for killing at least four other men across the country.

In the realm of luxury fashion, Gucci reigns supreme with a brand awareness of 90 percent, closely followed by Chanel and Dior. Prada, Louis Vuitton, Versace, Armani, and Dolce & Gabbana also hold court with brand awareness well over the 70 percent mark.The Top 34 Most Popular Luxury Brands