MILAN — Versace is in expansion mode but for now has no plans to take on an investor or go for an initial public offering.
The Italian fashion house returned to profit last year and the Versace family is eyeing ways to grow globally — including the possibility of an IPO at some point in the future. But in the meantime, the owners have no intention of relinquishing control even as they look for ways to fund further growth.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"