How GIIIs Experience With Donna Karan Will Shape Marc Jacobs as It Enters a New Era

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News Source : WWD

News Summary

  • G-III Apparel Group bought Marc Jacobs from LVMH Moët Hennessy Louis Vuitton.
  • G-III is transitioning out of Calvin Klein and Tommy Hilfiger.
  • CEO Morris Goldfarb said his company’s creative input is “virtually done” for the licensed businesses, which have a selloff period that goes into next year.
  • The company is known more for its work with department stores that at least dabble with more down-to-earth prices.

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