Known for clothes both classic and comfortable, Donna Karan International (DKI) defines the metropolitan flair that bridges the difference between stylishly casual and conventional. The firm designs and sells men's and women's clothes, including suits, sportswear, accessories, and shoes, under the Donna Karan New York, DKNY, DKNY Jeans, and DKNY Active labels. DKI sells to upscale department and specialty stores and through its own retail stores. It also licenses third parties to run most of its international stores. Fashion leviathan
Operations
DKI is part of LVMH's fashion and leather goods business group, alongside some of the parent company's popular brands Fendi,
Geographic Reach
The company sells its products across the Americas, Europe, and Asia, including emerging markets.
Strategy
DKI has logged sales gains in the US and overseas, post-recession. The label attributes the positive momentum to fashion shows and its image makeover in recent years. Indeed, DKI concentrates on best-sellers and its concept of designing a collection that transitions well from day to evening.
As part of its strategy, DKI repositioned its 25-year-old Donna Karan Collection to expand its customer base and target a high-growth market segment, adding its own store in Las Vegas. In international markets, the LVMH apparel firm has seen traction in Asia for its New York line DKNY. Specifically, it's tapping new and emerging markets, namely China and India, for their growth potential.
In a joint venture that currently extends through 2015, DKI partners with menswear maker S. Kumars Nationwide. With S. Kumars as 80% owner in the SKNL UK Ltd. entity, the company sources, designs, and distributes DKNY-branded men's apparel worldwide. The move allows womenswear expert DKI to concentrate on its core competencies.
The company also extensively licenses its name to the likes of
240 W 40TH ST
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Employer Type: Privately Owned
Employees (This Location): 10
Employees (All Locations): 1,300
New York, NY
Atlantic City, NJ
New York, NY