{"id":30741,"date":"2026-09-02T10:11:59","date_gmt":"2026-09-02T10:11:59","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2026\/09\/02\/us-g-iii-apparel-whp-complete-acquisition-of-marc-jacobs-from-lvmh\/"},"modified":"2026-09-02T10:11:59","modified_gmt":"2026-09-02T10:11:59","slug":"us-g-iii-apparel-whp-complete-acquisition-of-marc-jacobs-from-lvmh","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2026\/09\/02\/us-g-iii-apparel-whp-complete-acquisition-of-marc-jacobs-from-lvmh\/","title":{"rendered":"US&#8217; G-III Apparel &#038; WHP complete acquisition of Marc Jacobs from LVMH"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/313\/shutterstock-2279695581_324726.jpg\" \/><\/p>\n<div id=\"\">WHP Global and G-III Apparel Group, Ltd. (NasdaqGS: GIII) announced the closing of the acquisition of the Marc Jacobs brand from LVMH. Concurrently, WHP Global and G-III formed their previously announced joint venture (&#8220;JV&#8221;) to co-own the Marc Jacobs intellectual property and accelerate the global growth of one of fashion&#8217;s most influential brands. At closing, G-III also acquired the Marc Jacobs operating business and entered into a long-term license with the JV.<\/p>\n<p>The new JV is co-owned by WHP Global and G-III, with each party owning a 50% equity stake. WHP Global leads the JV, including global brand licensing, while G-III owns and leads the operating business including wholesale, retail and e-commerce, and provides support services to the JV. Marc Jacobs will continue in his role as Founder and Creative Director, ensuring continuity of the brand&#8217;s creative vision, runway collections and fashion shows. Together, WHP Global, G-III and Marc Jacobs are focused on expanding the Marc Jacobs brand&#8217;s global reach and unlocking new opportunities across markets and product categories.<\/p>\n<p>WHP Global and G-III have closed the acquisition of Marc Jacobs from LVMH and formed an equal-stake venture to co-own its intellectual property. &#13;<br \/>\nWHP Global leads licensing; G-III runs wholesale, retail and e-commerce through the operating business and a long-term licence. &#13;<br \/>\nMarc Jacobs remains founder and creative director as the partners target global growth and new market and product categories. <\/p>\n<p>&#8220;Marc Jacobs is a defining name in fashion, with powerful cultural relevance and global growth potential,&#8221; said <em><strong>Yehuda Shmidman, Founder, Chairman and CEO of WHP Global<\/strong><\/em>. &#8220;We want to thank LVMH for its stewardship of this brand over nearly three decades and for being a trusted partner throughout this process. Together with G-III, we have created a powerful platform that combines best-in-class brand management with exceptional operating expertise.&#8221;<\/p>\n<p>&#8220;This closing marks an exciting new chapter for Marc Jacobs, a brand with a distinctive creative legacy and global reach,&#8221; said <em><strong>Morris Goldfarb, Chairman and Chief Executive Officer of G-III Apparel Group<\/strong><\/em>. &#8220;G-III brings the scale and expertise to build and grow global brands, and we look forward to working with the Marc Jacobs team and WHP Global to protect what makes the brand special while supporting its continued growth worldwide.&#8221;<\/p>\n<h6>\t<span data-teams=\"true\"><span style=\"font-size: inherit;\">Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.<\/span><\/span><\/h6>\n<p>&#13;<\/p>\n<p class=\"text-right f2fdesk\">Fibre2Fashion News Desk (RM)<\/p>\n<p>&#13;\n    <\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/us-g-iii-apparel-whp-complete-acquisition-of-marc-jacobs-from-lvmh-313149-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WHP Global and G-III Apparel Group, Ltd. (NasdaqGS: GIII) announced the closing of the acquisition of the Marc Jacobs brand from LVMH. Concurrently, WHP Global and G-III formed their previously announced joint venture (&#8220;JV&#8221;) to co-own the Marc Jacobs intellectual property and accelerate the global growth of one of fashion&#8217;s most influential brands. At closing,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":30742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-30741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=30741"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/30742"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=30741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=30741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=30741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}