DKNY INKS DEAL WITH H.BEST FOR MEN’S UNDERWEAR LICENSE
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G-III INKS DEAL WITH AMLON CAPITAL TO BRING DKNY TO GREATER CHINA
The joint venture will be funded with $25 million of equity that will be used to strengthen the DKNY and Donna Karan brands and accelerate growth of the business in the region.
Read MoreG-III LICENSES DKNY MENSWEAR TO PVH
The license agreement includes DKNY Sport for Men, a new category for the brand, as well as men’s sportswear, dress shirts, neckwear and jeans.
Read MoreMAXWELL OSBORNE, DAO-YI CHOW, CAROLINE BROWN TO EXIT DONNA KARAN
The executive changes come in the wake of the company’s acquisition by G-III Apparel Group for $650 million.
Read MoreG-III APPAREL GROUP COMPLETES ACQUISITION OF DONNA KARAN INTERNAT...
G-III funded the total purchase price of $650 million with a combination of cash, $75 million of newly issued shares of its common stock to LVMH and a $125 million junior lien seller note.
Read MoreG-III TO ACQUIRE DONNA KARAN INTERNATIONAL FROM LVMH
G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million.
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