G-III Apparel Group, which already owns a 19% interest in the fashion brand, will pay €200 million ($210 mm) to acquire the remaining 81% of its equity from a group of private and public investors. The acquisition will add about $200 million in sales to the $175 million GIII sold in North America last year, and the new owned believes Karl Lagerfeld has the potential to ultimately be a $2 billion ... Log in to view full article.