Luxury conglomerate LVMH has announced the sale of its fashion brand Marc Jacobs to WHP Global. WHP Global, which also owns brands like rag&bone and G-Star, will form a joint venture with G-III Apparel for the Marc Jacobs brand.
Ollie's Bargain Outlet has released highlights from its fourth-quarter earnings call, detailing the company's financial performance for the period, following an earlier preview of its Q4 2026 earnings.
A legal dispute, dubbed 'Bad Blood,' has emerged between G-III Apparel Group and PVH Corp., indicating ongoing litigation between the two fashion companies.
G-III Apparel reported missing both top-line and bottom-line estimates for its latest quarter and subsequently issued its financial outlook for the first quarter and full fiscal year 2026. The company's stock sank further following news of Saks' bankruptcy and fallout related to Calvin Klein and Tommy Hilfiger.