[ORGANIZATION]
G-III Apparel Group
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Situations
Sale of Marc Jacobs brand from LVMH
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Latest: LVMH completes sale of Marc Jacobs to WHP Global and G-III
LVMH has finalized the sale of the Marc Jacobs brand to a joint venture between WHP Global and G-III Apparel Group. The transaction is valued between $850 million and $925 million, with both partners holding equal 50% ow