NEW YORK — G-III Apparel Group Inc. Ltd. is on the lookout for acquisitions in the $200 million to $300 million range.
Responding to a shareholder’s question at the company’s annual meeting here Tuesday, Morris Goldfarb, chairman and chief executive officer, said ideally, he would like to acquire a global lifestyle brand, and his second choice would be a national brand with global potential. He said the company would want a brand that would allow it to pursue multiple categories of business.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"