WHP Global, G-III form joint venture to co-own Marc Jacobs brand IP
GIII•Operating roles and brand leadership
G-III acquired the Marc Jacobs operating business, securing a long-term license from the joint venture.
WHP Global will run global brand licensing; G-III will lead wholesale, retail, e-commerce operations, support services.
Marc Jacobs remains Founder, Creative Director, maintaining control of creative direction, runway collections, fashion shows.
Joint venture closes Marc Jacobs IP acquisition
WHP Global formed a 50-50 joint venture with G-III Apparel to co-own the Marc Jacobs intellectual property.
The partners closed the acquisition of the Marc Jacobs brand from LVMH.
