Etiket: GIII
G-III presents mixed quarterly figures and new top manager
The US textile group G-III Apparel Group Ltd. achieved a surprisingly high profit in the third quarter of 2023/24. However, sales development fell short of market expectations. The group is…
HanesBrands and G-III close license for Champion outerwear
The US textile group Hanesbrands Inc. and G-III Apparel Group Ltd. have agreed to a multi-year license agreement for Champion. The collaboration involves the design, production and distribution of outerwear…
G-III Apparel Group raises forecast
G-III Apparel Group has raised its targets for the fiscal year after reporting a nine percent increase in second-quarter sales but also a decline in profit. The group, whose portfolio…
G-III beats expectations in first quarter
The US textile group G-III Apparel Group Ltd. had to accept significant losses in sales and earnings in the first quarter of the 2023/24 financial year, but was able to…
G-III slides deep into the red in the 2022/23 financial year
The US textile group G-III Apparel Group Ltd. closed the 2022/23 financial year in deep red despite strong sales growth. The reason given by the parent company of brands such…
Despite high sales growth in the second quarter: G-III scales down forecasts for the year
The US textile group G-III Apparel Group Ltd. closed the second quarter of the 2022/23 financial year with strong growth in sales and earnings. However, amid deteriorating market conditions, the…
After a strong first quarter: G-III raises annual forecasts
The US textile group G-III Apparel Group Ltd. was able to achieve surprisingly strong growth in the first three months of the 2022/23 financial year. CEO Morris Goldfarb was accordingly…
G-III completes full takeover of Karl Lagerfeld
The US textile group G-III Apparel Group Ltd. has successfully completed the acquisition of the clothing brand Karl Lagerfeld announced at the beginning of May. “As a result of the…
G-III Apparel Group becomes sole owner of Karl Lagerfeld
The G-III Apparel Group, which includes the fashion houses Donna Karan and Sonia Rykiel, takes over the French fashion label Karl Lagerfeld. The US clothing group already owns 19 percent…
G-III celebrates “strongest year in company history”
The US clothing group G-III Apparel Group Inc. presented surprisingly good results for the 2021/22 financial year on Thursday and forecast further growth. The company does not expect any major…