Melania Trump made her entrance in a shimmery Reem Acra dress at Thursday night's candlelight dinner at Union Station.
Market sources say Versace is working on an expansion plan ahead of the listing and that its has recently held discussions with Tisci.
The president-elect had some harsh words for Tom Ford after the designer publicly stated that her wouldn't dress Melania Trump when she becomes first lady.
Though the evening was a mostly restrained affair there were hints of slightly more raucous vibes in the air.
Fabric firms exhibiting at next week’s fair are reacting to the demands of budget-conscious consumers with competitive pricing and novel designs.