Are Versace Watches Worth It? (2024)

von Sharmaine - 24 Nov, 2020

More and more people are becoming picky about their watches. For them, it is something that defines who they are. Therefore, it’s essential to pick a watch that will clearly showcase their identity in whatever outfit they are in. Here, we’ll discuss whether Versace watches are worth the bucks.

What are Versace Watches?

To answer the question if Versace watches are worth it, we must first identify what exactly Versace watches are. Versace is a well-known fashion company that produces Italian ready-to-wear clothes and accessories. They are not as well known when it comes to their watches but they are trying to get a boost in that aspect.

Their watch collection features bold and strong colors with a versatile appearance. These are the type of watches that you could wear to any occasion whether it be in a formal event or going to the gym. They promise to use the finest materials possible with many pieces offering water-resistance as well.

Are Versace Watches Real Gold?

Versace watches do use real gold but it differs from watch to watch. Some watches have a higher number of gold karats which leads to a higher price. There are Versace watches that can be bought from a hundred dollars to a thousand dollars and one factor attributing to the price difference is the number of gold karats.

Versace watches use good material in general for their watches, using only the finest materials from Switzerland so it’s all up to the buyer.

Do Versace Watches Hold Their Value?

Holding the value of a watch means a watch’s price being sold the same or for a higher price in the foreseeable future. This is a big deal especially for watch collectors who may get into the business of selling their luxurious watches. However, The biggest factor is still obviously the condition of the watch and if it does not have any scratches or damages.

The short answer to this question is no. The value of Versace watches is not at a premium primarily because they are more of a fashion company as opposed to a company that is strictly on watches. It is the luxurious watch brands like Rolex, Patek Philippe, etc. that hold value for a significant amount of time.

Who Makes Versace Watches?

In terms of how Versace watches are made and who makes them, proper craftsmanship is a big deal. This is why they make sure to manufacture all Versace watches in Switzerland done only by the master watchmakers. There are pretty big standards to meet the requirements of Swiss watches so the process takes a long period.

They will also have to make sure that the quality is strictly controlled and maintained because they worry about quality control. They worry that if they do not take the necessary precautions, watches will be released in which some have better or weaker craftsmanship as compared to others.

The Verdict

In summary, to answer the question if Versace watches are worth it: it all depends on you. If you have the budget and if you are fashionably inclined, then this is a no brainer. However, there are still possible risks as I've mentioned above. The watches of Versaces don’t necessarily hold their value as compared to luxurious watch brands but one of the reasons is because their price is way cheaper.

You will not be able to see a typical watch brand sell for anything less than a thousand dollars but Versace has a collection in the hundreds range. If you collect watches primarily for investment, then Versace may not be a good idea. Another risk is the materials used, Versace uses real gold but is limited to a certain number of karats.

Their most expensive watches contain gold but watch collectors say it is not worth it as it is almost the same price as watch brands. They say this because the famous Swiss watch brands use stainless steel with the finest leather along with the gold. Versace’s watches are not up to par in terms of quality because they lack the resources due to solely being a clothing company.

Versace watches are worth it if you are not a full-on watch collector and if you don’t plan on selling them. They use materials from the best watchmakers in Switzerland and their prices are reasonably cheaper than other watch brands. It is stylish and diverse but you shouldn’t expect the same quality you’d get from an upscale watch brand which costs a lot more dollars.

Are Versace Watches Worth It? (2024)

FAQs

What movement do Versace watches use? ›

The Versace Greca Logo Chrono is powered by a RONDA S60 Swiss-made quartz movement, and the dial is based on a classic three-register design, with wide surrounds on each register that mirror the applied indices.

Where is Versace watch made? ›

Exclusively Swiss Made, they are permeated by the same rock'n'roll spirit of the fashion collection and cleverly interpret its most celebrated iconic symbols: the Medusa head, the Greek key and the Baroque pattern.

Is Versus Versace knock off? ›

No, Versus Versace was a diffusion brand of Versace founded in 1989. It closed in 2005 but was brought back by Donatella Versace four years later.

Is Versace a good make? ›

The Versace brand is one of the top Italian fashion houses in the fashion industry, that first rose to fame in the 1980s and has remained a celebrity red carpet favorite in the decades since. Versace is known for their bold designs, baroque inspirations, and bright color combinations.

Is it worth it to buy Versace watch? ›

The short answer to this question is no. The value of Versace watches is not at a premium primarily because they are more of a fashion company as opposed to a company that is strictly on watches. It is the luxurious watch brands like Rolex, Patek Philippe, etc. that hold value for a significant amount of time.

Why Versace watch is so expensive? ›

Versace watches are luxurious watches reflecting sophistication and are highly expensive and high-end. Versace watches are known to be high-quality watches made with the finest materials. The watches crafted by Versace use Japanese quartz movements that are known for being highly accurate and reliable in timekeeping.

Is Versace better than Gucci? ›

Gucci's brand is ranked #52 in the list of Global Top 100 Brands, as rated by customers of Gucci. Versace's brand is ranked #64 in the list of Global Top 100 Brands, as rated by customers of Versace.

Is Versace known for watches? ›

Versace has become renowned for its eye-catching watches and the success seems to grow year after year. The range of quality and fashionable watches are one of the 'must have' fashion accessories for both men and women world-wide.

Is Versace a luxury brand? ›

Gianni Versace S.r.l. (Italian pronunciation: [ˈdʒanni verˈsaːtʃe]), usually referred to as Versace (/vərˈsɑːtʃeɪ/ vər-SAH-chay), is an Italian luxury fashion company founded by Gianni Versace in 1978 known for flashy prints and bright colors.

Who is Versace's biggest competitor? ›

Versace competitors include TomboyX, canada goose, Gucci, louis vuittion and Armani. Versace ranks 2nd in CEO Score on Comparably vs its competitors.

What is the difference between Versace and Versus Versace? ›

The difference between Versace & Versus

The biggest difference is mainly the price: Versus watches are a lot cheaper to purchase compared to the Versace timepieces. a Versus watch can be priced somewhere in between € 99 till € 350. You can find a Versace watch roughly somewhere in the price range of € 299 to around 2k.

Is Gucci cheaper than Versace? ›

As Gucci is very popular right now, it's also slightly more expensive than Versace. However, both brands use equally great production methods, luxurious fabrics, and unique design elements in every piece.

Does Versace hold its value? ›

On second-hand market places like the RealReal, Versace bags sell for approximately 25 percent below retail price, meaning the resale market is keeping prices buoyant.

Do people still wear Versace? ›

The gears of the mighty Versace machine are working overtime these days. In the past 12 months, the brand has experienced a sudden resurgence, and its golden, Medusa-head emblem is everywhere: on celebrities, splashed throughout the Internet, and in the shopping carts of archival fashion enthusiasts.

Where does Versace rank in the world? ›

Versace is ranked second for NPS among its competitors. Armani and Gucci come in first and third, with canada goose coming in at #4. Among those competitors, it is the most valued company.
...
Versace NPS by Usage.
SummaryUsageScore
5 to 10 Years 545 to 10 Years54
Over 10 Years 60Over 10 Years60
3 more rows

What is the highest quality watch brand? ›

The World's Best Watch Brands, Explained
  • Shinola. ...
  • Weiss. ...
  • Vacheron Constantin. ...
  • Piaget. ...
  • Breguet. ...
  • Jaeger-LeCoultre. ...
  • Grand Seiko. ...
  • A Lange & Söhne. Germany's answer to Patek Philippe produces about a tenth as many watches per year and assembles each one twice to ensure absolute perfection.
Oct 19, 2022

What is the best luxury watch on the market and why? ›

With a history as a horological innovator and visionary in the world of technical watchmaking, Jaeger-LeCoultre has rightly earned its place as one of the most revered luxury watch brands in production today. With Swiss roots going all the way back to 1833, the brand was originally founded by Antoine LeCoultre.

What is so special about Versace? ›

Versace became internationally renowned for ultra-glamorous creations as well as spectacular theatrical costumes and innovative menswear design. Versace's style combined luxurious classicism with overt sexuality.

Is Versace real leather? ›

Versace is a proud Italian brand and all La Medusa handbags are made in Italy from premium leather. The softest leather is selected to create a slouchy and unstructured finish – giving the bag a modern and youthful feel.

Which brand is better Armani or Versace? ›

Armani's brand is ranked #362 in the list of Global Top 1000 Brands, as rated by customers of Armani. Their current valuation is $2.55B. Versace's brand is ranked #64 in the list of Global Top 100 Brands, as rated by customers of Versace.

What is the hottest luxury brand? ›

The Top 10 Luxury Brands in the World 2022
  1. PORSCHE. Worldwide revenue: $31.6 billion.
  2. LOUIS VUITTON. Worldwide revenue: $14.9 billion.
  3. CHANEL. Worldwide revenue: $13.2 billion.
  4. CARTIER. Worldwide revenue: $12.1 billion.
  5. HERMES. Worldwide revenue: $11.7 billion.
  6. GUCCI. Worldwide revenue: $11.1 billion.
  7. FERRARI. ...
  8. ROLEX.
Nov 21, 2022

Do rappers wear Versace? ›

Interestingly, we've noticed that rappers have been rocking Versace more often, too. In the last year or so, Drake, Rick Ross, and Big Sean have all been seen in the brand.

What is the most popular designer watch? ›

Patek Philippe consistently tops the list of best watch brands in the world and is a status symbol like no other. Founded in 1839, the Swiss company is the last family-owned independent watch manufacturer in Geneva.

How can you tell if a Versace watch is real? ›

To make sure that you can easily verify the authenticity of Versace items we have developed an online authentication system. You may authenticate each item you have purchased through its product label by tapping the NFC tag with your phone.

Is Versace costly? ›

Versace. One of the most expensive brands in the world, Versace was set up in 1978. The brainchild of Gianni Versace, this Italian designer brand created clothing from innovative fabrics such as metal mesh.

Is Zendaya wearing Versace? ›

Emma Stone's Greatest Fashion Moments

Zendaya is bowing down to the queen. The Euphoria star and Emmy winner is attending the 2021 BET Awards tonight wearing an archival Versace look that pays homage to the dress Beyoncé wore to the 2003 ceremony.

Is Versace owned by MK? ›

The Chairman of the group which brand portfolio includes Michael Kors and Jimmy Choo, adds “The acquisition of Versace is an important milestone for our group. Versace was founded in 1978. For over 40 years, Versace has represented the epitome of Italian fashion luxury, a testament to the brand's timeless heritage.

What age group does Versace target? ›

Demographic Segmentation The Versace target consumer is a 25 to 44 year old woman.

Who is Versace's target audience? ›

About Versace
Versace Overview
USPVersace offers products with a perfect blend of glamour, style and high end couture
Versace STP
SegmentationUrban people with extremely high taste and an appeal for the most innovative and luxury products
Target MarketUrban upper class individuals
5 more rows

Who owns most of Versace? ›

Blackstone owns 20 percent of the company; while the Versace family remains at its heart, with Ms. Allegra Versace Beck, Ms. Donatella Versace and Mr. Santo Versace all playing important roles in the company.

Why did Michael Kors buy Versace? ›

The Versace purchase would give the Kors Holding company more high fashion credibility in the luxury space. With the Jimmy Choo purchase already showing results for the brand's top line, Kors' ambitions for aggregating various luxury brands under one large successful group continues to take shape.

What religion is Versace? ›

Of course he knew how important Catholicism was to people – we grew up religious too.” The Versace clan – Gianni, Donatella and brother Santo, who founded the label – was raised in Reggio Calabria, just across the water from Sicily. “We didn't go to church every week, but our mother believed.

Where are luxury brands cheapest? ›

What is this? France, Italy, and the United Kingdom have a high number of luxury labels that you can buy without having to pay import taxes and other fees. A Louis Vuitton Neverfull bag, for example, is 30% to 40% cheaper if you purchase it in France instead of the United States.

Which designer brand is worth the most? ›

Therefore the valuation of the fashion brands may not be fully up to date.
...
Most valuable fashion brands.
Brand2020 Brand Value $
1Nike$36.8 b
2Louis Vuitton$32.3 b
3Hermes$18.3 b
4Gucci$18.2 b
96 more rows

Is Dior higher than Gucci? ›

Christian Dior's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Christian Dior. Their current valuation is $108.46B. Gucci's brand is ranked #52 in the list of Global Top 100 Brands, as rated by customers of Gucci.
...
Christian Dior vs Gucci.
70%Promoters
18%Passive
12%Detractors

Which luxury brand holds its value best? ›

Luxury Brands with the Best Resale Value
RankBrand5 Year Resale Value
1Tesla68.72%
2Lexus66.53%
3Acura65.74%
4Porsche62.65%
9 more rows

Which luxury items appreciate in value? ›

Luxury Items That Appreciate in Value
  • Jewellery. Jewellery, such as different metals and stones can be a great asset to invest in. ...
  • Luxury watches. Rolex watches have not only become a symbol of wealth, they also ooze style, sophistication and success. ...
  • Fine art. ...
  • Vintage wine. ...
  • Real estate.
Jun 24, 2022

Which luxury brands go up in value? ›

The top three designer brands with the highest resale value are: Hermès (Average of 85% resale value) Chanel (Average of 63% resale value) Louis Vuitton (Average of 63% resale value)

What is the top 10 luxury brand? ›

According to the results, the top 20 most popular luxury brands in the world for 2023 are:
  • Gucci.
  • Dior.
  • Chanel.
  • Louis Vuitton.
  • Hermes.
  • Rolex.
  • Tiffany.
  • Prada.
Dec 19, 2022

Is Prada considered high end? ›

Prada consolidates its 8th place, increasingly appealing to younger affluent consumers. After remarkable international momentum and gaining five places on our ranking of the best luxury brands online last year, family-owned Prada consolidates its position at number eight in 2022.

Who is the current face of Versace? ›

Maluma Is the New Face of Versace Man for 2022 Campaign: See His Modeling Photos.

What are the top 3 brands in the world? ›

A Full Breakdown of the Most Valuable Brands
RankBrandSector
1AppleTech & Services
2AmazonRetail & Consumer Goods
3GoogleMedia & Telecoms
4MicrosoftTech & Services
6 more rows
Oct 27, 2022

What is the most famous luxury brand 2022? ›

Awareness of luxury brands worldwide 2022

In a recent index benchmarking global luxury brands on a number of different metrics such as awareness, omnichannel capabilities, and ESG efforts, the Kering Group brand Gucci, and Chanel were ranked as the most recognized luxury brands, both scoring 97 out of 100.

What movement does Gucci watches use? ›

Gucci powers its watches with a Swiss quartz movement, which produces smooth-moving watch hands.

What is the most accurate watch movement? ›

Quartz Watches

The most accurate watches on the market use quartz movements with the Quartz Industry standardising on 32kHz crystals as their oscillators in the 70's as a result of their reliability, small dimensions and low power consumption.

What movement does Emporio Armani use? ›

The brand uses both quartz and automatic movements when building its watches. This means that there is a perfect Armani Exchange model for every collector.

What kind of watch does Jay-Z wear? ›

Jay-Z wears Patek Philippe Nautilus Tiffany 5711/1A​​

Not only is he known as a successful rapper, but he is also an avid watch collector. Moreover, Jay-Z and his wife Beyonce are Tiffany & Co. brand ambassadors.

What watch does Jay-Z have? ›

Richard Mille RM 56-01 Tourbillon Sapphire – $3 million

The 56-01 has a green sapphire-colored face and is also encrusted with actual green sapphires. With two multimillion dollar Richard Mille watches, Jay-Z is certainly a fan of the brand.

What is the most recognized watch in the world? ›

The Most Popular Watch Brand Worldwide

It is not a surprise that Rolex proved to be the most popular brand worldwide. With extremely high brand recognition, Rolex is a brand that is ubiquitous with luxury.

Which watch has the smoothest movement? ›

Smoothest Sweeping Hand on a Watch -- Seiko Spring Drive Movement. This week's article, rather than introducing a watch to all of you, we are introducing a very special movement that only made by one manufacturer. Some readers may be able to guess it immediately, its the Seiko Spring Drive.

Who make the best watch movements? ›

The 5 Most Accurate Watch Movements of All Time
  • FACTORS THAT DETERMINE MECHANICAL MOVEMENT ACCURACY. ...
  • MOVEMENT #1: ZENITH DEFY. ...
  • MOVEMENT #2: CALIBRE 360 CONCEPT CHRONOGRAPH. ...
  • MOVEMENT #3: TAG-HEUER MIKROGIRDER. ...
  • MOVEMENT #4: SEIKO SPRING DRIVE MECHANICAL MOVEMENT WITH QUARTZ. ...
  • MOVEMENT #5: MARINE CHRONOMETERS.
Jan 29, 2020

Which is better Japanese or Swiss quartz? ›

The differences between Swiss and Japanese movements are mostly that Swiss movements are typically more aesthetically designed, whereas Japanese movements are built more with precision and accuracy in mind. Both are used to power watches of all different kinds, and used by many watchmakers around the world.

What movement does Rolex use? ›

Nowadays, all Rolex watches are mechanical and use either automatic (self-winding) movements or in some cases, a manual wind movement.

How do you tell if a watch has a good movement? ›

A good movement will keep time reliably; a badly made one will not. This is known as “losing time”, where a watch with a bad movement has tick speeds that are inconsistent. A bad watch can lose minutes a day.

Which is better Emporio or Giorgio Armani? ›

So to recap, the main differences between the two brands are that Emporio Armani holds a higher price tag to Armani Exchange. It holds more formal and sought after items created by Giorgio Armani himself, whereas A|X holds pieces more suited to everyday casual wear.

Is Emporio Armani considered luxury? ›

Giorgio Armani S.p.A. (pronounced [ˈdʒordʒo arˈmaːni]), commonly known as Armani, is an Italian luxury fashion house founded in Milan by Giorgio Armani which designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, accessories, and home interiors.

What Armani brand is best? ›

GIORGIO ARMANI VS ARMANI EXCHANGE

As Giorgio Armani is one of the original labels, it is also the most luxe and high quality.

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