Deal snapshot: G-III Apparel Group Closes Acquisition of Remaining Stake in Karl Lagerfeld Brand for EUR 200m.

MANews-(C)2009-2022

New York-based apparel designer and manufacturer G-III Apparel Group, Ltd. (NASDAQ: GIII) has closed the purchase of the remaining 81% stake in German fashion brand Karl Lagerfeld for EUR 200m (USD 241m), the company said.

G-III purchased the additional stake in the brand...

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