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Luxury

Armani Draws Thousands Who Pay Last Respects

Fashion leaders, Hollywood actors and fans alike came to the company’s headquarters to say a final goodbye to Giorgio Armani who died on Thursday.


News & Analysis

Versace to Sell 20 Percent to Blackstone Group to Fund Growth

MILAN, Italy — New York private-equity fund Blackstone Group is said to be taking a 20 percent stake in Gianni Versace SpA, after a drawn-out bidding


News & Analysis

Versace to Sell Minority Stake Privately Ahead of IPO

MILAN, Italy — Gianni Versace SpA, the Italian luxury-goods maker weighing options to pay for growth, said it plans to sell a minority stake