×
711
Fashion Jobs
ESTÉE LAUDER
Art Director
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Bracknell - 11.5 Hours - Part Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
CRM And Email Analyst (Contract) - Must be Immediately Available
Permanent · London
ESTÉE LAUDER
Senior Art Director
Permanent · London
ESTÉE LAUDER
CRM Analyst
Permanent · London
ESTÉE LAUDER
CRM Manager, jo Malone London
Permanent · London
ESTÉE LAUDER
Senior Manager, qc Lab
Permanent · Petersfield
ESTÉE LAUDER
Clinique - Consultant - Menarys, Cookstown - 18 Hours - Part Time, Permanent
Permanent · Cookstown
ESTÉE LAUDER
Clinique - Consultant - Boots - Silverlink, Newcastle - 10 Hours - Part-Time - Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Origins & Aveda - Account Manager - House of Fraser, Wolverhampton - 22.5 Hours - Part-Time, Permanent
Permanent · Wolverhampton
ESTÉE LAUDER
Aveda - Account Manager - Jarrolds, Norwich - 37.5 Hours - Full Time, Permanent
Permanent · Norwich
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part-Time - Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Goulds, Dorchester - 18 Hours - Part Time, Permanent
Permanent · Dorset
ESTÉE LAUDER
Clinique - Consultant - Boots, Newcastle - 12 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Boots-Market Street, Manchester - 15 Hours - Part Time, Permanent
Permanent · Manchester
ESTÉE LAUDER
Estée Lauder - Area Sales & Education Manager - South - Oxford - Bristol (Maternity Cover)
Permanent · Southampton
ESTÉE LAUDER
Clinique - Consultant - Boots, Cheshunt - 13 Hours - Part Time, Permanent
Permanent · Cheshunt
ESTÉE LAUDER
Clinique - Consultant - Boots, Norwich - 18.5 Hours - Part Time, Permanent
Permanent · Norwich
ESTÉE LAUDER
Clinique - Consultant - Boots-Drake Circus, Plymouth - 22.5 Hours - Part-Time - Permanent
Permanent · Plymouth
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Bracknell - 18.5 Hours - Part Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Tom Ford - Business Manager - Flannels - Fosse Park, Leicester - 37.5 Hours - Full-Time - Permanent
Permanent · Leicester
ESTÉE LAUDER
Aramis & Designer Fragrances - Account Manager - Boots, Bristol Cribbs Causeway - 22.5 Hours - Part Time, Permanent
Permanent · Bristol
Published
Jan 11, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

G-III joins Arcadia takeover race - report

Published
Jan 11, 2021

New York-based G-III Apparel has reportedly entered the race to buy Arcadia and is among four top contenders that also include Next, Boohoo and US-based Authentic Brands. However, the company hasn't confirmed its interest publicly.


Photo: Sandra Halliday



The company owns the DKNY brand and also holds licences for big-name labels Calvin Klein, Tommy Hilfiger, Karl Lagerfeld and Levi’s.

Its interest in Arcadia was reported by the Sunday Telegraph, which said that G-III has a ‘war chest’ of around $800 million to help fund any buy. The group itself had pre-pandemic sales of $3.1 billion and a stock market value of $1.3 billion.

But the company closed over 200 US stores last summer and said at the time that its “wholesale business, anchored by our five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld, will continue to be the primary growth and profit engine.”

That raises questions over how focused it would be on retail stores should it win the Arcadia brand auction.

There are justifiable fears in British retail that some of the main contenders for Arcadia (such as Boohoo) have little or no interest in running physical shops.

Another issue that might make bring a G-III purchase of the business some negative PR in Britain is that the company has links to the Trump family’s fashion businesses. In fact, G-III’s chairman Morris Goldfarb was at one point rumoured to be getting an ambassador’s post under President Trump, although that didn’t happen.

Regardless of who wins the Arcadia race, it’s expected to be finalised by the end of next month with administrator Deloitte selecting the parties to go forward to the next bidding round at some point in January.

Copyright © 2021 FashionNetwork.com All rights reserved.