G-III Apparel Group

American clothing company

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G-III Apparel Group· Business · 7 sources · Sep 2, 2026Story

WHP Global and G-III finalize $925 million deal for Marc Jacobs

WHP Global and G-III Apparel Group have completed the acquisition of Marc Jacobs from LVMH for about $925 million, forming a 50/50 joint venture that co-owns the brand’s IP, with WHP leading licensing and G-III running wholesale, retail and e-commerce, while Marc Jacobs remains founder and creative director. The deal ends LVMH’s nearly three-decade ownership and sets the stage for global expansion and new licenses under a shared management model.

Business· Sep 2, 2026

G-III Apparel Group· Business · 15 sources · Sep 1, 2026Story

G-III Apparel raises profit outlook despite losing Calvin Klein, Tommy Hilfiger lines

G-III Apparel reported a Q2 EPS of $0.26 on revenue of $554.09 million (miss on revenue but slight EPS beat) and released six-month results of net income $86.75 million on $1,090.06 million in sales, while also guiding toward a Q3 2027 net income of $59–$64 million on about $870 million in net sales. The company lifted its full-year guidance for the year ending January 31, 2027 to net income of $181–$185 million (EPS $4.10–$4.20) on roughly $2.71 billion in net sales, noting an anticipated $460 million sales impact from Calvin Klein and Tommy Hilfiger, thus balancing near-term weakness with an elevated annual outlook.

Business· Sep 1, 2026

G-III Apparel Group

American clothing company

3members1here now

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G-III Apparel Group· Business · 7 sources · Sep 2, 2026Story

WHP Global and G-III finalize $925 million deal for Marc Jacobs

WHP Global and G-III Apparel Group have completed the acquisition of Marc Jacobs from LVMH for about $925 million, forming a 50/50 joint venture that co-owns the brand’s IP, with WHP leading licensing and G-III running wholesale, retail and e-commerce, while Marc Jacobs remains founder and creative director. The deal ends LVMH’s nearly three-decade ownership and sets the stage for global expansion and new licenses under a shared management model.

Business· Sep 2, 2026

G-III Apparel Group· Business · 15 sources · Sep 1, 2026Story

G-III Apparel raises profit outlook despite losing Calvin Klein, Tommy Hilfiger lines

G-III Apparel reported a Q2 EPS of $0.26 on revenue of $554.09 million (miss on revenue but slight EPS beat) and released six-month results of net income $86.75 million on $1,090.06 million in sales, while also guiding toward a Q3 2027 net income of $59–$64 million on about $870 million in net sales. The company lifted its full-year guidance for the year ending January 31, 2027 to net income of $181–$185 million (EPS $4.10–$4.20) on roughly $2.71 billion in net sales, noting an anticipated $460 million sales impact from Calvin Klein and Tommy Hilfiger, thus balancing near-term weakness with an elevated annual outlook.

Business· Sep 1, 2026