Mandarin Oriental Hotel Group has today announced that it will manage a luxurious hideaway ...
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Hermès has recently confirmed the opening of the very first store of its brand Shang ...
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With the aim of reaching 40 mono-brand stores by the end of 2012, Italian luxury menswear house ...
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Last week, the Royal Family of Qatar, purchased Paul Cezanne's "The Card Players" ...
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Conceived as a sophisticated online installation, Eberhard & Co recreates on its own ...
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Bulgari Hotels & Resorts, a joint venture between Marriott and the Italian jewellery ...
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VERSACE shows confidence and embarks on major rebranding
News 18 May 2009
VERSACE recently announced the group will receive EUR 60 million loans from a consortium o Italian banks. Already EUR 20 million have made it to the Versace accounts this week. The company also signed a major rebranding deal with a major Italian consulting firm.
However, sales have kept declining for all product lines, with hotels being the only profitable division.
However, sales have kept declining for all product lines, with hotels being the only profitable division.