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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.


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