Date Posted: Monday 25th July 2016
G-III Apparel Group and LVMH have announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, parent of the Donna Karan and DKNY brands in a transaction with an enterprise value of $650 million. The transaction is expected to close in late 2016 or early 2017.
Donna Karan in 'fashion & accessories'
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