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Marc Jacobs Appoints Emily George as President and Announces Management Changes

WWD ·

GIII
GIII G-III Apparel Group Ltd
$29.85 +0.24%
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  1. 1Emily George has been appointed as the Global President of Marc Jacobs, effective November 1.
  2. 2Eric Marshall, who served as CEO for nine years, will step down at the end of this month.
  3. 3A $425,000,000 payment was made in September for the acquisition of intellectual property from G-III Apparel Group and WHP Global.

So what's the key point?

Emily George is becoming the new president of Marc Jacobs as the current management steps down. The company spent $425,000,000 to purchase brand rights.

Source WWD · View original ↗

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