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 · 7 sources · Sep 9, 2026Read itThe journal
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About Marc Jacobs
Marc Jacobs is an American fashion designer. He is the head designer for his own fashion label, Marc Jacobs, and formerly Marc by Marc Jacobs, a diffusion line, which was produced for approximately 15 years, before it was discontinued after the 2015 fall/winter collection. At its peak, it had over 200 retail stores in 80 countries. He was the creative director of the French design house Louis Vuitton from 1997 to 2014. Jacobs was on Time magazine's "2010 Time 100" list of the 100 most influential people in the world, and was #14 on Out magazine's 2012 list of "50 Most Powerful Gay Men and Women in America". He married his longtime partner Charly Defrancesco on April 6, 2019.
Everything about Marc Jacobs →- Occupation
- fashion designer, dressmaker
- Citizenship
- United States
- Born
- April 9, 1963, April 8, 1963
- Website
- http://www.marcjacobs.com