US: G-III Apparel’s Q2 profit falls on discounts
Women’s wear maker G-III Apparel Group Ltd has seen its second quarter profit almost halve after higher levels of discounts offered to retailers ate into margins, but raised its guidance for the year.
Women’s wear maker G-III Apparel Group Ltd has seen its second quarter profit almost halve after higher levels of discounts offered to retailers ate into margins, but raised its guidance for the year.