Founded by Gianni Versace in 1978, Versace opened its first boutique in Milan in 1978. Today, Versace is one of the world's leading international fashion houses. Versace designs, markets and distributes luxury clothing, accessories & home furnishings under the Versace Group In 1994. After his death in 1997 his sister Donatella Versace became creative director & his brother Santo Versace became CEO. Versace's style department employs a group of designers who work in teams. Each team is specifically dedicated to each fashion line & operates under the close supervision of Donatella Versace. Versace Couture, which contains high-end, often handmade apparel, jewellery, watches, fragrances, cosmetics, handbags, and home furnishings, is the house's main line.