By  on June 5, 2009

Donna Karan International Inc. is close to signing with S. Kumars Nationwide Ltd. for a joint venture and licensing agreement to manufacture and distribute DKNY men’s apparel, market sources said.

The new venture would replace a similar agreement DKI had with Marchpole Holdings plc, which was placed into administration, the U.K. equivalent of Chapter 11, in November.

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