G-III POSTS STRONG INCREASES FOR THIRD QUARTER
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G-III INCREASES NET SALES TO $538 MILLION IN SECOND QUARTER
Despite posting a small net loss, the company has also adjusted its full fiscal year forecast for revenues of approximately $2.80 billion and net income between $56 million and $60 million.
Read MoreG-III INKS DEAL WITH AMLON CAPITAL TO BRING DKNY TO GREATER CHINA
The joint venture will be funded with $25 million of equity that will be used to strengthen the DKNY and Donna Karan brands and accelerate growth of the business in the region.
Read MoreG-III POSTS RECORD NET SALES FOR FIRST QUARTER
The apparel maker also posted a net loss of $10.4 million and is committed to reducing operating costs in our retail business, closing and repurposing stores and enhancing its store product offerings.
Read MoreG-III LICENSES DKNY MENSWEAR TO PVH
The license agreement includes DKNY Sport for Men, a new category for the brand, as well as men’s sportswear, dress shirts, neckwear and jeans.
Read MoreINNOVATION SAVES THE SEASON: OUTERWEAR MARKET SHOWS SIGNS OF IMPR...
Cold weather helped, but innovative product, lighter weights and value made for a successful season. A bit less price-cutting would improve the bottom line.
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