Neighbourhood Lifestyle Desk: Italian fashion and lifestyle major Gianni Versace is planning to bring in its range of furniture in India to tap the fast-growing luxury market here. At present, furniture is the only product category in Versace’s portfolio that is not available in India. Versace’s furniture is made in Italy and exported to different markets. The home division, which includes furniture, accounts for 10 per cent of Versace’s total turnover.
Founded in 1978 in Milan, Gianni Versace SpA is one of the leading international fashion design houses. It designs, manufactures, distributes and retails fashion and lifestyle products, including haute couture, accessories, jewellery, watches, eyewear, fragrances and home furnishings. Last week, Versace and realty firm Unity Group announced tie-up for developing the Delhi’s tallest building, comprising 160 branded luxury apartments, with an investment of about Rs 500 crore.