Preview - Please log in to view full article.

Article Date: June 2022
Word Count: 123

G-III Apparel Group Completes Acquisition of Karl Lagerfeld


G-III completed its previously announced acquisition of the remaining 81% stake of fashion brand Karl Lagerfeld for €200 million (approx $214 mm) becoming a wholly owned subsidiary. The transaction was funded by GIII with cash on hand. It had previously owned 19% of the brand before purchasing the remaining interest from a group of private and public investors. The acquisition is ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.