Macy’s and G-III Sign Exclusive Agreement for DKNY Women’s Apparel and Accessories

Macy’s, Inc. and G-III Apparel Group, Ltd., a leading manufacturer and distributor of apparel and accessories under licensed brands, owned brands and private label brands, today announced an agreement under which Macy’s will serve, beginning February 2018, as the exclusive U.S. department store for sales of DKNY women’s apparel and accessories.macys inc

Under the agreement, Macy’s exclusivity covers DKNY women’s apparel, handbags, and shoes, in addition to women’s and men’s outerwear and swim, which will be available at Macy’s locations nationwide and on macys.com. Macy’s and G-III will work closely on brand extensions and exclusive products that build upon the founding principles of the iconic New York–based brand. The agreement also plans for increased and enhanced DKNY shop-in-shops in Macy’s stores.

We want to create partnerships that offer our customers products and experiences that they can find only at Macy’s, and DKNY is a fashion-first brand we know our customers love,” said Jeff Gennette, president and chief executive officer of Macy’s, Inc.By offering exclusive access in key categories, we are confident that DKNY will quickly become one of our top brands. Their remarkable global recognition combined with our expansive footprint make Macy’s and DKNY a perfect partnership.”

We believe that Macy’s is the ideal partner as we implement our strategy for DKNY to be the premier brand in the world for women’s apparel and accessories,” said Morris Goldfarb, chairman and chief executive officer of G-III.We have worked well with Macy’s in the past with respect to our portfolio of brands and we are confident that this partnership with Macy’s will help DKNY flourish and capture market share.

G-III will continue to operate the freestanding global DKNY stores and DKNY.com. G-III also will maintain DKNY’s agreements with international license partners and distributors outside of the United States. Products outside the exclusive categories and products distributed by DKNY’s various licensees under other categories in the DKNY family will continue to be sold to a broad range of department stores, including Macy’s.

G-III is a leading manufacturer and distributor of apparel and accessories under licensed brands, owned brands, and private label brands. G-III’s owned brands include Donna Karan, DKNY, Vilebrequin, Eliza J., Andrew Marc, Marc New York, Bass, and Jessica Howard. G-III has fashion licenses under the Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, Kenneth Cole, Cole Haan, Guess?, Vince Camuto, Ivanka Trump, Kensie, Jessica Simpson, Levi’s and Dockers brands. Through its team sports business, G-III has licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Hands High, Touch by Alyssa Milano and more than 100 U.S. colleges and universities. G-III also operates retail stores under the DKNY, Wilsons Leather, Bass, Vilebrequin and Calvin Klein Performance names.

Introducing Maisonette.com: The Ultimate Children’s Clothing & Lifestyle E-Commerce Destination

Maisonette.com, the new premier online baby and children’s fashion and lifestyle destination, launches today. Co-founded by Vogue Magazine alums and entrepreneurs Sylvana Durrett and Luisana Mendoza-Roccia, Maisonette brings together a curated selection of the most stylish children’s brands and boutiques from around the world into one convenient shopping destination featuring apparel, accessories, furniture, and home decor.

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Easter at Maisonette.com

Over the past five years, growth in the $300 billion childrenswear market has outpaced all other apparel markets, resulting in a fragmented landscape of thousands of brands and independent boutiques impossible for the average consumer to navigate. Maisonette will be the definitive shopping and editorial destination for childrenswear and accessories by aggregating this fragmented supplier base into one, seamless shopping destination.

Maisonette is an online marketplace featuring a curated assortment of products for children ages 0-12 from a global network of over 40 stylish boutiques and 125 brands. The site assembled the world’s coolest and hard-to-find kids’ boutiques onto one retail platform with a centralized checkout process. This enables customers to shop from Yoya in New York City, Arcade in Nashville, and Bobo Choses in Spain with single check out and streamlined shipping. In addition to bringing the world’s shops to your desktop or mobile, Maisonette also sells select exclusive brands direct to consumers, such as Bonpoint, Stella McCartney and Oeuf. All product is presented through the lens of original editorial content featuring interviews, photo shoots and curated lists from tastemakers and celebrities.

We were inspired to launch Maisonette because of the frustration we felt when we tried to shop online for stylish, well-made products for our kids,” said Chief Executive Officer and Co-Founder Sylvana Durrett. “The children’s industry is more fragmented than any other and there is no central authority in the space. Our aim is to make Maisonette that authority, and provide unprecedented access to the best children’s brands and boutiques in the world.”maisonette-skate-ahead

“As former editors, it is important to us to not only provide a compelling marketplace but also to provide inspiration,” added Chief Creative Officer and Co-Founder Luisana Mendoza-Roccia. “Maisonette connects customers to the world’s most special and unique children’s products while offering editorial content that provides an insider’s guide to trends, new brands, and tips from tastemakers. It’s the ultimate online destination for all things children and baby.”

Maisonette raised $2.775 million in seed round investment from strategic partners who offer industry-leading expertise in launching groundbreaking retail concepts and fashion brands. Participating in the round are NEA, a venture capital firm with investments in Jet.com and Moda Operandi, and Thrive Partners, an early investor in Warby Parker and Harry’s. Private investors include Silas Chou, an early investor in Michael Kors, as well as Andrew Rosen, Marcus Wainwright & Glenna Neece, Vivi Nevo, and Jonathan & Lizzie Tisch.