Comment on LVMH sells money-losing line Donna Karan to G-III Apparel

LVMH sells money-losing line Donna Karan to G-III Apparel

One company’s problem child is another’s prodigy. French luxury group LVMH is dumping its money-losing Donna Karan International division, selling it to New York-based G-III Apparel, which is known for scooping up “businesses that are being abandoned in the marketplace,” as G-III Apparel Chief Executive Morris Goldfarb put it in a call with analysts on...

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News