×
73 831
Fashion Jobs
BANANA REPUBLIC
Associate Creative Director
Permanent · SAN FRANCISCO
GAP INC.
Senior Product Manager, Digital Content
Permanent · SAN FRANCISCO
GAP INC.
Product Manager ii – Content Management System
Permanent · SAN FRANCISCO
JCPENNEY
Area Salon Manager - Mid Rivers Mall & Dardenne Prairie Town Square
Permanent · St. Peters
JCPENNEY
Asset Protection Manager, Bronx, ny
Permanent · Bronx
JCPENNEY
Division Merchandise Manager - Women's Speciality
Permanent · Plano
JCPENNEY
Maintenance Manager
Permanent · Columbus
JCPENNEY
Asset Protection Manager
Permanent · Goodlettsville
JCPENNEY
Salon Manager Btc - Prien Lake Mall
Permanent · Lake Charles
JCPENNEY
Senior Manager, Product Operations
Permanent · Plano
JCPENNEY
Salon Manager Btc - Weddington Plaza
Permanent · Pikeville
JCPENNEY
Asset Protection Manager, Woodbridge, va
Permanent · Woodbridge
JCPENNEY
Asset Protection Associate
Permanent · Woodbridge
JCPENNEY
District Manager - Miami, fl
Permanent · Plantation
JCPENNEY
District Manager - Seattle, wa
Permanent · Spokane
JCPENNEY
Salon Manager Btc - Acadiana Mall
Permanent · Lafayette
JCPENNEY
Sales Floor Supervisor - Monroeville Mall
Permanent · Monroeville
JCPENNEY
Asset Protection Manager Des Peres, mo
Permanent · Des Peres
JCPENNEY
Asset Protection Manager Fayetteville, nc
Permanent · Fayetteville
JCPENNEY
General Manager, Okemos, mi
Permanent · Meridian charter Township
JCPENNEY
Salon Manager Btc - Brass Mill Center
Permanent · Waterbury
JCPENNEY
Area Salon Manager - Morgantown Mall & Uniontown Mall
Permanent · Uniontown
Published
Aug 24, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

G-III enters joint venture with Fred Gehring's Amlon for DKNY, Donna Karan in China

Published
Aug 24, 2017

G-III Apparel Group announced on Wednesday a new joint venture with Fred Gehring’s investment fund, Amlon Capital BV, for DKNY and Donna Karan in China.
 

The DKNY fall 2017 campaign - DKNY


DKNY and Donna Karan join a number of brands associated with Amlon, including Karl Lagerfeld, Denham Jeans, and kids wear brand Vingino. Gehring established Amlon in 2016 with private equity firm Apax Partners and partners that he made while at Tommy Hilfiger.
 
With the new joint venture, Amlon will produce and market DKNY and Donna Karan women’s and men’s apparel and accessories in the People’s Republic of China, including Macau, Hong Kong and Taiwan.

G-III Chairman and Chief Executive Officer Morris Goldfarb said, “In our industry, Fred has no peer and his tenure at Tommy Hilfiger and PVH is a testament to that. He is a great partner with us on the Karl Lagerfeld brand. We are excited to extend this strong partnership and work with him and his team on growing the DKNY and Donna Karan brands in China."
 
The venture will be funded with $25 million of equity that will be used to strengthen DKNY and Donna Karan and accelerate growth of the business in the region, and the venture will be the exclusive seller of the brands in the territory as of January 1, 2018.
 
In addition, G-III Apparel Group will own 49% of the joint venture and Amlon will own the balance. Also, Gehring will serve as Chairman of the joint venture and Steve Shen will serve as CEO of the joint venture. Shen is the former CEO of Tommy Hilfiger China and a longtime partner of Gehring’s.
 
“Steve’s track record in China is outstanding,” added Goldfarb. “We are looking forward to collaborating with these accomplished retail industry veterans to aggressively grow our business in the greater China region, which is a major strategic opportunity for us.”

Copyright © 2023 FashionNetwork.com All rights reserved.