In 2001 it was purchased by the French conglomerate corporation LVMH (Louis Vuitton Moët Hennessy). In 2015 Donna Karan left as chief designer at Donna Karan International, to focus on her Urban Zen brand and Urban Zen Foundation philanthropy. LVMH sold Donna Karan International, with the 'Donna Karan' and 'DKNY' brands, to the G-III Apparel Group in 2016 for $650 million. G-III, based in New York City, is a manufacturer and distributor of clothing and accessories under their owned brands, licensed brands, and private label brands

Since 2005, Donna Karan has offered online shopping of its DKNY and associated lines at the label's web site. Products range from DKNY and DKNY Jeans womenswear, accessories, underwear, shoes, baby clothing, the PURE collection to DKNY menswear. The latter was available up until the spring 2002 season. Since then only the DKNY Jeans label, underwear, eyewear and watches have been offered online for men