• 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.
• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. G-III Apparel Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609011605OMX_____CNEWS_EN_GNW9819661_en) on September 01, 2026, and is solely responsible for the information contained therein.