WHP Global and G-III - Marc Jacobs

WA-95027

MJ Topco, LLC, a joint venture owned by MJWHP, LLC (together with its connected entities, **WHP Global**) and a subsidiary of G-III Apparel Group Ltd (together with its connected entities, **G-III**), proposes to acquire, through Majestic AcqCo, LLC, all of the issued and outstanding shares in Marc Jacobs Holdings, LLC (the **Target**) (the **Acquisition**). WHP Global is US-headquartered. Globally, and in Australia, it acquires, manages and licences global consumer brands, and invests in high-growth distribution channels, including global expansion pathways and digital commerce platforms. G-III similarly provides brand licensing and management services, in addition to the design, sourcing, distribution, marketing and retail supply of apparel, globally and in Australia. The Target is a luxury fashion label founded by Marc Jacobs, headquartered in New York, USA, which offers high-fashion ready-to-wear apparel, handbags, cosmetics and fragrances. In Australia, its activities are limited to the wholesale and ecommerce sales of its apparel, handbags, cosmetics and fragrances.