G-III to acquire Donna Karan International from LVMH
G-III Apparel Group, a designer, manufacturer and marketer of branded apparel and accessories, is to acquire Donna Karan International, parent of the Donna Karan and DKNY brands and owned by LVMH, for USD650 million. The transaction is expected to close in late 2016 or early 2017. Morris Goldfarb, chairman,
