Versace

Gianni Versace, together with a handful of names, symbolizes the success of Italian fashion all over the world.

Blackstone's investment will allow Versace to grow financially and continue to expand on a global scale into new markets.

Since then, she has booked campaigns for the likes of Versace, Miu Miu, Jill Stuart, and Alexander McQueen.

"Anthony's clothes have everything that I love: they are sensual, dynamic, daring," Donatella Versace said of the young designer.

Versace is expected to meet with the first round of bidders before Christmas.