WHP Global, G-III Apparel Group and I.T Group Announce Partnership to Accelerate Marc Jacobs Growth in Greater China
Key Highlights
- ➤I.T Group acquired Marc Jacobs’ existing Greater China operating business.
- ➤I.T Group signed a new long-term Marc Jacobs licensing agreement.
- ➤I.T Group plans boutiques, shop-in-shops, digital commerce and wholesale expansion.
- ➤Partnership marks WHP Global and G-III’s first international Marc Jacobs licensing agreement.
- ➤G-III Apparel (GIII) says it is focused on building Marc Jacobs long term.
Expert Statements
Sham Kar Wai, Founder and Chairman of I.T Group
“Marc Jacobs has a distinctive creative identity and strong appeal among consumers in Greater China. With our omnichannel platform, deep local market knowledge and nearly four decades of experience building international fashion brands in the region, we see significant potential to accelerate the brand's growth through retail expansion and digital commerce, bringing Marc Jacobs to more consumers across Greater China.”
Morris Goldfarb, Chairman and Chief Executive Officer of G-III Apparel Group
“We see a strong future for Marc Jacobs and are focused on building the business for the long term. Our approach is to look at each market individually and put the right capabilities in place to drive the business. I.T Group has a strong track record in Greater China, and we are confident in what we can accomplish together.”
Yehuda Shmidman, Founder, Chairman and CEO of WHP Global
“We are focused on executing our global growth strategy for Marc Jacobs, and our partnership with I.T Group for China is an important milestone. Marc Jacobs has a distinctive creative identity and strong global recognition, with significant opportunities to expand. This is just the beginning.”
WHP Global, G-III Apparel Group and I.T Group Announce Partnership to Accelerate Marc Jacobs Growth in Greater China PR Newswire
NEW YORK, Oct. 26, 2026 /PRNewswire/ -- WHP Global and G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced a partnership with I.T Group, a leading omnichannel fashion retailer in Greater China, to accelerate the growth of the Marc Jacobs brand across the region. The transaction includes the first international licensing agreement since WHP Global and G-III acquired the global Marc Jacobs brand in September 2026.
Get started
Create a free account to read the full story.