UPDATE 1-LVMH sells Donna Karan to G-III in $650 million deal
July 25, 2016 at 02:35 AM EDT
PARIS, July 25 (Reuters) - French luxury group LVMH has agreed to sell Donna Karan International to American manufacturing and licensing company G-III Apparel Group in a deal valuing the fashion brand at $650 million, the companies said on Monday.
