G-III scales Lagerfeld: if it wants to reach “one billion” it must stop the veg-trend

Well, well. News is that G-III Apparel Group is trying to get control of Lagerfeld with a 200 million euro investment. This means that the US holding, which has owned 19% of the brand since 2015, liquidates other shareholders and gains full control of the brand founded by the stylist. The new owner has an ambitious…