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Donna Karan news and archive

Business

G-III Apparel Group reports Q2 net income of 19.2 million dollars

G-III Apparel Group, Ltd. said net sales for the second quarter ended July 31, 2021 increased 62.5 percent to 483.1 million dollars. The company reported net income for the second quarter of 19.2 million dollars or 39 cents per diluted share compared to a net loss of 15 million dollars or loss of 31 cents per share, in the prior year’s quarter....

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Business

G-III Apparel Group posts Q1 net loss of 39.3 million dollars

For its first quarter, G-III Apparel Group, Ltd. said net sales decreased 36.1 percent to 405.1 million dollars from 633.6 million dollars in the same period last year. The company reported GAAP net loss of 39.3 million dollars or 82 cents per share, compared to net income of 12 million dollars or 24 cents per diluted share, in the prior year’s...

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People

Helen Aboah named chief executive of Donna Karan's Urban Zen

Urban Zen has a new chief executive officer. The lifestyle retailer founded by Donna Karan has appointed Helen Aboah as its head executive, effective immediately. She will lead brand positioning, merchandising and product driven strategies to help create a unique platform for female consumers, based on Karan's creative vision for the company....

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Retail

Donna Karan to open Urban Zen in New York

As a fashion mogul, Donna Karan is no stranger to fashion retail. The designer just confirmed a new Urban Zen store opening to debut in New York next month. The new venture was confirmed to WWD, set to open in Sag Harbor. The store will serve as the brand's third standalone store. According to the brand's website, Urban Zen currently has...

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Fashion

Donna Karan & DKNY ​to ​go Fur-Free from ​F​all 2019

London - DKNY and Donna Karan are the latest fashion brands to grow an ever-growing list of labels who have shunned the animal-derived material for good in favor of ethical alternatives. Morris Goldfarb, CEO of G-III, parent company of DKNY and Donna Karan, announced that both brands will be going fur-free in 2019 as a result of the company’s...

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Featured
Business

DKNY bids farewell to co-Creative Directors and CEO under new owner

London - Change is underfoot again at Donna Karan International. The same day that G-III Apparel Group completed its acquisition of Donna Karan International, parent company of Donna Karan and DKNY brands, comes news that designers Dao-Yi Chow and Maxwell Osborne, creative directors of DKNY are leaving the company. In addition, chief executive...

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Featured
Business

LVMH sells Donna Karan brands to G-III Apparell

Donna Karan, once the go-to-label for dressing the modern working woman, has been sold by parent company LVMH to New York-based G-III Apparel Group Ltd for the sum of 650 million dollars. Both the Donna Karan and DKNY brands will be sold off when the transaction is completed in early 2017. Antonio Belloni, managing director of LVMH said in a...

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People

LVMH recruits former Apple music executive as digital chief

French luxury giant LVMH said Tuesday it had recruited former Apple music heavyweight Ian Rogers as chief digital officer to the group that produces Louis Vuitton bags and Moet Hennessy spirits. LVMH's announcement that Rogers will be taking over the group's digital operations in October comes after Apple confirmed Friday that Rogers was...

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Featured
People

Donna Karan steps down at DKI

London - One of the world’s most influential female fashion designers, Donna Karan has confirmed that she is stepping down as chief designer of Donna Karan International. In a statement, the company said the label’s founder had made “a personal decision to step down from her day-to-day responsibilities” at her namesake brand. Karan won’t...

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Featured
People

DKNY names Public School Founders co-Creative Directors

Time for a fresh start at DKNY. The sister label to Donna Karan New York has put the rumours to rest by naming Dao-Yi Chow and Maxwell Osborne, founders and creative directors of Public School as its new co-creative directors. The design duo, who won the CFDA award last year, will take over all creative direction for DKNY’s collection, with...

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