Anesthesia and Respiratory Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2028

Business Wire

G-III Apparel Group Completes Acquisition of Iconic Karl Lagerfeld Brand

NEW YORK, June 02, 2022–G-III Apparel Group, Ltd. (Nasdaq: GIII) (“G-III” or the “Company”), a global fashion leader with expertise in design, sourcing, and manufacturing, today announced that it completed its previously announced acquisition of the remaining 81% interest in famed fashion brand Karl Lagerfeld for €200 million (approximately $214 million USD), subject to certain adjustments. G-III purchased the remaining stake in the brand, that it did not previously own, from a group of private