G-III Apparel to buy remaining 81% of Karl Lagerfeld brand for 200 million euros

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G-III Apparel to buy remaining 81% of Karl Lagerfeld brand for 200 million euros
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G-III Apparel Group Ltd. undefined said Monday it has agreed to acquire the remaining 81% stake in the Karl Lagerfeld brand for 200 million euros ($210...

G-III Apparel Group Ltd. said Monday it has agreed to acquire the remaining 81% stake in the Karl Lagerfeld brand for 200 million euros from a group of private and public investors led by Fred Gehring of Amlon Capital BV. The all-cash deal will make G-III the sole owner of the brand.

said Monday it has agreed to acquire the remaining 81% stake in the Karl Lagerfeld brand for 200 million euros from a group of private and public investors led by Fred Gehring of Amlon Capital BV. The all-cash deal will make G-III the sole owner of the brand.

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