mynth
← DATABASE
05/2026

MARC JACOBS acquired by WHP GLOBAL / G-III APPAREL GROUP

UNITED STATES Luxury Goods / Fashion & Leather Goods EV 1b - 4b USD

Context

The transaction consists of the divestment of Marc Jacobs by LVMH to an American consortium comprising WHP Global and G-III Apparel Group. The transaction is structured around a 50/50 joint venture that will fully own the global intellectual property (IP) rights of the Marc Jacobs brand. While WHP Global will handle the high-margin licensing business, G-III will entirely buy out, manage, and operate the commercial business, including global direct-to-consumer retail and wholesale operations. The brand's 63-year-old founder, Marc Jacobs, will remain embedded in the business as Chief Creative Officer. For LVMH, which is currently still facing a post-pandemic luxury slowdown, this operation is a way to focus capital on its absolute heritage "ultra-luxury" brands (such as Louis Vuitton and Dior). This operation follows recent divestments, including Off-White, a 49% stake in Stella McCartney, and mainland China DFS travel retail activities.

MARC JACOBS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

Marc Jacobs is an iconic American fashion house specializing in accessible luxury ready-to-wear, leather goods, footwear, and accessories. Founded in 1984 by designer Marc Jacobs and his business partner Robert Duffy, the brand became a cultural and commercial powerhouse at the turn of the 2000s. Its economic model relies heavily on its highly successful leather goods line, driven by staple products such as "The Tote Bag" (retailing around €500), alongside global licensing agreements for fragrance and beauty. The organization operates through a hybrid network of direct retail boutiques and selective wholesale channels. Strategically, the firm bridges the gap between high-fashion runway creativity and consumer accessibility.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2025
2024

Similar deals in Luxury Goods

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
09/2026NEXTSTAGE / SOCADIFGROUPE PIERRE YOVANOVITCHFRANCEHigh-End Lifestyle
07/2026CHANELCHARVETFRANCEFashion & Leather Goods
04/2026EMOSIA GROUPCULTI MILANOITALYHigh-End Lifestyle
03/2026FSI (FONDO STRATEGICO ITALIANO)MISSONIITALYFashion & Leather Goods
01/2026L CATTERTONEX NIHILOFRANCEHigh-End Lifestyle
01/2026LVMHLORO PIANAITALYFashion & Leather Goods
10/2025AMF GROUPBENELLI ADEMAROITALYLuxury Supply Chain
09/2025VSP VISIONMARCOLINITALYLuxury Supply Chain
06/2024LVMHL'EPÉE 1839SWITZERLANDWatches & Jewelry
04/2024QUADRIVIO GROUPFILIPPO DE LAURENTIISITALYFashion & Leather Goods

REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 250M - 500M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MARC JACOBS by WHP GLOBAL / G-III APPAREL GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: marc jacobs

Acquirer: g-iii apparel group / whp global