Edited sentence: " owned all the trademarks to the product lines and were entitled to very handsome royalties.Donna Karan floated an IPO of her company "Donna Karan International, Inc".LVMH, however, had the good sense to also acquire the trademarks.The company was acquired in 2002 by LVMH for $8.50 (later increased somewhat through litigation).The shares listed at $24.This, in effect, creamed off all the profits from DKI Inc.While fully explained in the fine print of the prospectus, Donna and her husband through their company  "Gabrielle Studio Inc.which was a dismal failure