USA: G-III Apparel Expects Solid 2002
Clothing manufacturer G-III Apparel Group Ltd said on Friday it expects to perform well for the rest of the year after posting a sharp fall in first quarter net sales and wider losses. The leather and outerwear company said in a statement that it had cleared out excess inventory and sees improved results for the rest of 2002 after its first quarter net loss climbed $4.2 million, or 62 cents per share, from a loss of $2.9m, or 44 cents per share, in 2001. Sales fell to $12.7m from $17.2m.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Steps to piloting living wage in garment factories
- US apparel retailers' November 2016 sales roundup
- How to ensure sustainability is more than a slogan
- Software for financial planning and operations
- Why do modern robotics elude sportswear makers?
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Oxford Industries, Genesco
- Columbia waterproof jacket first made without PFCs
- Myanmar garment industry "lacking labour rights"
- Adidas NYC flagship raises the bar on sport stores
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack