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Versace expects 2015 turnover at 650 million euros

Versace expects to close 2015 with revenues of around 650 million euro from 550 million in 2014 , but in future aims to reach one billion in revenue The company also confirmed the objective of a stock market listing in the near future.

Versace CEO, Gian Giacomo Ferraris , spoke at the seventh Summit Luxury Il Sole 24 Ore reported that the luxury group has growth rates of 15-20 % ( this year ” also favored by changes ” ) , saying that 2015 should end with a turnover of 650 million, expected to rise to 800 in 2017. In 2014 registered an increase in sales of 16.9 % to 548.7 million , and “even the first quarter of 2015 registered a double-digit growth.”

Donatella Versace with CEO Gian Giacomo Ferraris

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