G-III Apparel and WHP Global Finalize Marc Jacobs Acquisition from LVMH

Key Facts

1WHP Global and G-III Apparel Group announced the closing of the acquisition of the Marc Jacobs brand from LVMH.

2WHP Global and G-III formed a joint venture to co-own the Marc Jacobs intellectual property.

3G-III acquired the Marc Jacobs operating business and entered into a long-term license with the joint venture.

In a move reflecting ongoing strategic consolidation within the luxury fashion sector, WHP Global and G-III Apparel Group have announced the closing of their acquisition of the Marc Jacobs brand from LVMH. According to reports, the deal involved the formation of a joint venture where both WHP Global and G-III hold a 50% equity stake in the brand's intellectual property. Additionally, G-III has acquired the Marc Jacobs operating business, marking a significant shift in the brand's corporate structure.

This acquisition strengthens G-III's portfolio, which already includes iconic names such as DKNY and Karl Lagerfeld, as the new partnership aims to accelerate global growth across various markets and product categories. Per market data, this transition ends the brand's long-standing tenure under LVMH, with the new owners looking to leverage Marc Jacobs' creative legacy to drive value across a retail network that spans over 80 countries.

Looking ahead, G-III Apparel Group is scheduled to report its second-quarter fiscal 2027 financial results on September 2, 2026, which will likely provide further details on the integration of the new business. While specific instrument prices are currently unavailable, investors will be watching for the impact of this long-term licensing agreement on the company's operational scale and future revenue projections.