Versace is currently owned by the Prada Group, which completed its acquisition of the brand from Capri Holdings in December 2025.

Who owns Versace now?

  • Versace is 100% controlled by the Prada Group, an Italian luxury fashion conglomerate.
  • Because Prada is a publicly traded company, Versace is ultimately owned by Prada’s shareholders (institutional investors, funds, and individuals).

How did ownership change?

  • 2018: American group Capri Holdings (formerly Michael Kors Holdings) bought Versace for about 2.1 billion dollars, ending majority family control.
  • 2025: Prada agreed to acquire Versace from Capri Holdings in a deal worth roughly 1.3–1.4 billion dollars, bringing the brand back under Italian ownership.

Is the Versace family still in charge?

  • The Versace family no longer owns the company; Versace is not family‑owned anymore.
  • Donatella Versace stepped down as Creative Director in 2025 and now serves as a high‑profile brand ambassador rather than the creative head.

Information gathered from public forums or data available on the internet and portrayed here.