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Apparel and accessories

Karl Lagerfeld owner acquires 100pc of brand

May 2, 2022

In addition to running his eponymous label, Karl Lagerfeld was the creative director at Chanel and Fendi. Image credit: LVMH


American apparel company G-III Apparel Group has announced it will purchase the remaining 81 percent stake in Paris-based brand Karl Lagerfeld becoming the sole owner.

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