2 May 2022

G-III Foreign Holdings B.V. acquires 80.76% stake in Karl Lagerfeld Holding B.V.

+ 13 other team members

De Brauw advised G-III Apparel Group Ltd in its deal to become the sole owner of luxury-fashion brand Karl Lagerfeld. The New York-based fashion-licensing group agreed to pay 200 million euros ($221.5 million) for the 81% of Karl Lagerfeld that it doesn't already own. G-III has held a 19% stake in the brand since 2015 and also owns a North American affiliate, Karl Lagerfeld Paris.