NATIONAL: Italian luxury house Versace is to re-enter the Australian market just four weeks after domestic licence holders shut down its store network here.
At least three Australian Versace representatives confirmed retail sites in Melbourne could re-open as early as September 2009.
It is understood an ex-director of former Versace licence holder Zestland has established his own company and renegotiated terms with Gianni Versace executives in Milan.
For more see the next issue of Ragtrader, available on news stands from April 10.