Karl Lagerfeld returns to the USA and Canada via a joint venture.
The partnered is G-III Apparel, which will control 49%, develop and manage the Karl Lagerfeld stores, and will be in charge of wholesale.
The relaunch of Karl Lagerfeld in the is planned for Spring 2016. In the 1990s German Steilmann Group held a license for Karl Lagerfeld menswear. It went bust and was later acquired by Miro Radici.
Karl Lagerfeld will continue to manage the existing licenses for eyewear, fragrances, cosmetics, watches, and jewelry.