
G-III Apparel Group Ltd, which already owns 19% of the fashion brand founded by Karl Lagerfeld, announced on Monday that it will pay 200 million dollars to fully acquire the ready-to-wear label.
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G-III Apparel Group Ltd, which already owns 19% of the fashion brand founded by Karl Lagerfeld, announced on Monday that it will pay 200 million dollars to fully acquire the ready-to-wear label.
The 73rd annual Parsons Benefit will honor visionary figures in fashion including Tory Burch and Lauren Santo Domingo, co-founder and chief brand officer of Moda Operandi.
PGB Sports is on the verge of launching DKNY product under a multiyear deal with G-III. Last year the company signed up to license DKNY Sport and DKNY Golf in Europe and collections for the two labels launch this summer.
G-III Apparel announced on Thursday the election of Lisa Warner Wardell and Patti Ongman to its board of directors, on news of the departure of Willem van Bokhorst and Jeanette Nostra-Katz from the board this summer.
Around 70 brands and designers will participate in MVFW from March 24 to 27. FashionNetwork offers a step-by-step guide detailing how to access Decentraland and the shows.
G-III Apparel Group said on Thursday net sales for the fiscal year 2022 surged 35%, on the back of even stronger sales in the fourth quarter, as the U.S fashion group recorded its "strongest year" in company history.
Fragrance giant Inter Parfums has reported a strong 2021 with a 23% sales rise and surging earnings compared to 2019. Net sales reached $879.5m last year while the gross margin rose to 63% from 2019’s 62%.
Reports this week suggested that what could be one of luxury’s biggest deals yet is being considered. LVMH is said to be in talks around a possible Ralph Lauren buy.
The shows officially kicked off Friday with a schedule that offered a spectrum of events, perhaps another way in which diversity, a major point of view for the week, plays out.
Another chapter closes in the history of the maison currently in the hands of the American group G-III. The brand will leave the 175 Bv de Saint Germain space indefinitely and sell its 40,000 books.