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Luxury & Lifestyle;Mergers & Acquisitions
Luxury & Lifestyle;Mergers & Acquisitions

WHP Global and G-III to acquire Marc Jacobs from LVMH in major luxury sector realignment

LVMH has reached a definitive agreement to divest the Marc Jacobs brand to brand management firm WHP Global and G-III Apparel Group. The transaction ends a nearly 30-year partnership and positions Marc Jacobs as a central asset in WHP Global’s expanding premium fashion portfolio, which is projected to exceed 9.5 billion USD in retail sales.

United States | 2 weeks ago

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Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.

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