And Versace: got a lot, but she may never wear it
But she save it so our babies will be flyer than their parents

from A$AP Rocky – Fashion Killa Lyrics on Rap Genius

Meaning

Rocky saves possibly the most high end label he’s mentioned for last. Versace has a rich history in both fashion and Hip Hop. He’s saying she may never wear it because she has so many other clothes in her wardrobe, even though a normal woman would want to wear such expensive clothing frequently.

Also note the word play on babies/parents, previously he said

Mami in that Tom Ford, Papi in that Thom Browne

Referring to the Spanish meanings in that respective explanation but the literal English meanings of both words are “Mum and Dad”

Versace is a line that has a rich history but is no longer considered very cutting edge or fashionable — his girl may not wear it but she knows its a collector’s item and that look (bright, tight, and flashy) may come back into style.

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