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.
WHP Global leads licensing; G-III runs wholesale, retail and e-commerce through the operating business and a long-term licence.
Marc Jacobs remains founder and creative director as the partners target global growth and new market and product categories.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.
WHP Global leads licensing; G-III runs wholesale, retail and e-commerce through the operating business and a long-term licence.
Marc Jacobs remains founder and creative director as the partners target global growth and new market and product categories.
