G-III Apparel Group Completes Marc Jacobs Acquisition and Reports Q2 Fiscal 2027 Results

G-III Apparel Group, Ltd. (GIII) completed the previously announced acquisition of the Marc Jacobs business from LVMH Moet Hennessy Louis Vuitton Inc. The company funded its approximately $500 million investment using cash on hand and borrowings under its revolving credit facility. Concurrently, G-III Apparel Group announced its results of operations for the second fiscal quarter ended July 31, 2026.