Fashion house Versace expected to sew up 1.5bn sale to new owner

Italian fashion house Versace is rumoured to be close to a sale which would value the company at more than two billion US dollars (£1.53 billion).

Fashion house Versace expected to sew up 1.5bn sale to new owner
Mon, 24 Sep, 2018 - 12:51

Italian fashion house Versace is rumoured to be close to a sale which would value the company at more than two billion US dollars (£1.53 billion).

The company could announce a sale to a new owner "within hours", Italian media reported on Monday.

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