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December 07, 2005

Versace Plans U.S. Growth

Bright colors and daring designs will be the look du jour if Versace has its way. The Italian brand has U.S. growth on its mind and has plans to reinvigorate its business here with fresh investment and ad campaigns.

It recently chose actress Demi Moore as the new face of Versace and she is already appearing in various fashion magazines.

The company says its worldwide sales are still being affected by the economic slowdown following Sept. 11, and it is undergoing a reconstruction to stimulate growth.

Posted by Blacks on December 7, 2005 12:16 PM

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