G-iii apparel group, ltd. announces increased investment in awwg

New york--(business wire)--g-iii apparel group, ltd. (nasdaq: giii) (“g-iii” or the “company”), a global leader in fashion, today announced an increased investment in all we wear group (“awwg” or “group”), which owns the iconic brands pepe jeans london, hackett, and faÇonnable. the previously disclosed strategic partnership for an ownership stake of 12%, now increases to approximately 19%. madrid-based awwg, which is owned by m1 group, lcatterton and founder carlos ortega, is a premier platform.
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