By  on March 24, 2016

MILAN — Gianni Versace SpA is edging toward an initial public offering — but there’s still no firm time frame.

“Nothing has changed,” Gian Giacomo Ferraris, Versace’s chief executive officer, told WWD after the fashion house reported double-digit growth in profits and sales for 2015. “The process has started, the company is working on the compliance and integration of systems, with incredible investments and preparation to be found ready when the time comes.”

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