G-III Apparel (GIII) Raises Stake in All We Wear Group to 19%

G-III Apparel Group, Ltd. (GIII) announced an increased investment in All We Wear Group ("AWWG"), marking a significant move to enhance its international footprint. The company, renowned for its fashion leadership, has raised its ownership stake in AWWG from 12% to approximately 19%. Notably, AWWG recently secured agency rights for DKNY, Donna Karan and Karl Lagerfeld in Spain and Portugal, thus aligning with G-III Apparel's strategy to capitalize on European growth opportunities. G-III Apparel intends to c ...