Banking Recap

G III APPAREL GROUP LTD /DE/ Announces Acquisition for $500.0M

This deal involves G-III Apparel Group Ltd (ticker GIII), a consumer-retail-sector company, as the acquirer of the Marc Jacobs brand operating business, structured as a joint venture and brand acquisition. The transaction falls under the M&A product group, and its disclosed value is $500,000,000.

May 14, 2026·SEC EDGAR (8-K)·pending regulatory·joint venture / brand acquisition

Deal value

The facts are sourced from an 8-K filing with the SEC via EDGAR, published May 14, 2026. The deal's status is pending regulatory, indicating it had not yet closed as of that filing.

Two financial advisors are disclosed, one per side, both designated lead. Morgan Stanley & Co. LLC serves as financial advisor to WHP Global (labeled as the target side in this record, consistent with WHP Global's ownership of the Marc Jacobs brand), with the source sentence also noting that Gibson Dunn serves as legal advisor to WHP Global. On the acquirer side, UBS serves as financial advisor to G-III, with Paul, Weiss, Rifkind, Wharton & Garrison serving as G-III's legal advisor, per the corresponding source sentence.

Legal advisors are disclosed for both sides: Gibson Dunn serves as legal advisor to WHP Global (target side), while Paul, Weiss, Rifkind, Wharton & Garrison serves as legal advisor to G-III (the acquirer).

Beyond describing the transaction as a joint venture and brand acquisition valued at $500,000,000, the facts block does not specify the ownership split in the resulting joint venture, royalty arrangements, or other structural terms of the brand deal.

Several facts are not disclosed in this record. No expected closing date is given. The facts block does not elaborate on how the joint venture will be governed or what specific rights to the Marc Jacobs brand are being transferred beyond the general classification of the deal.