Marc Jacobs Acquired by G-III Apparel Group | Consumer M&A Deal

G-III Apparel Group has acquired Marc Jacobs, a consumer other business in New York, for $500 million. G-III Apparel Group acquisitions will combine Marc Jacobs’ global retail and e-commerce operating footprint with a new structure where WHP Global manages licensing operations for the brand. Marc Jacobs acquisition adds an iconic fashion name with wholesale distribution and company-operated stores, strengthening G-III Apparel Group acquisitions in consumer M&A and NY acquisitions. The platform acquisition is structured as a 50/50 strategic joint venture for the Marc Jacobs intellectual property, with G-III managing the operating business and WHP Global overseeing licensing, supporting a strategic acquisition growth strategy.