G-III and PVH Ink DKNY Deal

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G-III and PVH Ink DKNY Deal

G-III Apparel Group, Ltd. has entered into a multi-year license agreement with PVH Corp., under which PVH will design and distribute men's wear for the DKNY brand in the United States and Canada. The license agreement includes DKNY Sport for Men, a new category for the brand. In addition, PVH has licensed rights for men's sportswear, dress shirts, neckwear and jeans.

Morris Goldfarb, chairman and CEO of G-III, said, "This collaboration is an important step in the continued growth of DKNY and a clear example of the go-forward strategy to heighten this iconic brand. PVH is a trusted and powerful partner and we look forward to our continued success together."

Ken Duane, CEO of Heritage Brands and North America Wholesale for PVH, said, "DKNY is a great American brand and we are excited to have the opportunity to build out the men's wear business in the U.S. and Canada as a complement to our existing men's wear businesses."

The first collections will launch in spring 2018 and will be sold in department stores. This agreement is the fourth partnership between G-III and PVH. The companies have multi-year license agreements for various product categories under PVH's CALVIN KLEIN and Tommy Hilfiger brands and for men's sportswear under G-III's G.H. Bass brand.