USA: G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2001 Results
G-III Apparel Group, Ltd. (Nasdaq: GIII) today announced operating results for the first quarter of fiscal 2001, ended April 30, 2000. For the quarter, net sales increased to $10.6 million from $8.5 million in the prior year's first quarter. The net loss for the quarter decreased to $2.5 million, or $0.