Marc Jacobs Acquired by WHP Global | Consumer M&A Deal

WHP Global has acquired Marc Jacobs, a consumer brands dtc business in New York, for $9.5 billion. Marc Jacobs is a fashion label with designer-led collections and a direct-to-consumer and wholesale footprint, strengthening WHP Global acquisitions in consumer M&A. WHP Global is a brand management firm with a portfolio spanning Toys R Us and other retail brands, and it is pursuing a strategic acquisition to expand global retail sales. G-III Apparel Group will partner with WHP Global by acquiring and operating parts of the Marc Jacobs DTC and wholesale businesses, while WHP Global oversees licensing. The Marc Jacobs acquisition is announced as an other acquisition and is expected to support WHP Global acquisitions targeting consumer deals NY with founder and creative director continuity.