G-III Apparel Group has established a joint venture with Amlon Capital BV to market DKNY and Donna Karan in China, aiming to enhance brand presence and capitalize on the growing apparel market in the region.

Target Information

G-III Apparel Group, Ltd. is a prominent player in the apparel industry, focusing on the manufacture and distribution of clothing and accessories across various brands, including both licensed and owned brands. Their collection features iconic names such as DKNY and Donna Karan, which they have now decided to expand in the lucrative Asian market through a strategic joint venture.

The joint venture will allow G-III to extend its reach in China, including Macau, Hong Kong, and Taiwan, aiming to enhance the market presence of DKNY and Donna Karan. With G-III holding a 49% stake and the balance owned by Amlon Capital BV, the initiative is supported by $25 million in equity, specifically targeting the growth of these high-profile brands.

Industry Overview in China

The fashion and apparel industry in China has witnessed remarkable growth over the past decade, driven by increasing consumer demand for premium brands and a burgeoning middle cla