Stock Groups

G-III Apparel to buy Karl Lagerfeld brand -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO. Aimee and Steven Tyler arrive at the iHeartRadio Awards in Los Angeles on March 14th 2019. REUTERS/Mario Anzuoni/File Photo

(Reuters) – G-III Apparel Group, (NASDAQ:) Ltd announced Monday that it had agreed to purchase the remaining 81% of Karl Lagerfeld’s brand for $210 Million.

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