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G-III Apparel Group

US Q3 in brief – Genesco, Stage Stores, Tailored Brands

19 December 2019 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


G-III Apparel mulls sourcing shift out of China

10 June 2019 | Hannah Abdulla

Clothing company G-III Apparel Group says it is taking a number of steps to offset the impact of the ongoing trade war between the US and China, including reducing its production in China and raising prices.... read more


PVH inks Calvin Klein Jeans license with G-III Apparel

3 June 2019 | Leonie Barrie

Apparel giant PVH Corp has inked a five-year licensing deal with G-III Apparel Group to produce and distribute Calvin Klein Jeans women’s wear collections in the US and Canada.... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


G-III taps former Bonobos CEO to lead AM Retail Group

11 January 2019 | Beth Wright

Branded apparel and accessories maker G-III Apparel Group has named former Bonobos CEO Fran Della Badia as president of its retail subsidiary AM Retail Group.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears

26 October 2018 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.... read more


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn

8 August 2018 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.... read more


US Q4 in brief – Boot Barn Holdings, Destination Maternity

18 May 2018 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.... read more


Donna Karan and DKNY to go fur-free

23 March 2018 | Beth Wright

Branded apparel and accessories maker G-III Apparel Group has announced its Donna Karan and DKNY brand will no longer use animal fur in its products.... read more


US Q3 in brief – Deckers Brands, Boot Barn Holdings

6 February 2018 | just-style

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.... read more


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.... read more


GIII and Gehring fund ink joint venture for DKNY in China

24 August 2017 | Hannah Abdulla

GIII Apparel Group is expanding its DKNY and Donna Karan brands into China following a joint-venture with Fred Gehring's investment fund Amlon Capital.... read more


US Q1 in brief – Cherokee, The Finish Line, J Crew

10 July 2017 | Michelle Russell and Beth Wright

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. ... read more


G-III Apparel inks DKNY deal in US and Canada

22 May 2017 | Beth Wright

G-III Apparel Group has inked a multi-year licensing agreement with PVH Corp, in a move that will see the US apparel giant design and distribute menswear for the DKNY brand in the US and Canada.... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. ... read more


G-III Apparel taps Kennedy for Donna Karan

18 January 2017 | Beth Wright

Branded apparel and accessories maker G-III Apparel Group has tapped Ralph Lauren's Barbara Kennedy as its president-wholesale-design, merchandising and sales for Donna Karan, following its US$650m acquisition of Donna Karan International.... read more


G-III Apparel cuts FY outlook on weak retail sales

6 January 2017 | Michelle Russell

Branded apparel and accessories maker G-III Apparel Group has cut its full-year outlook – blaming unseasonably warm weather, lower traffic, and lower sales particularly at its Wilsons and GH Bass retail chains.... read more


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears

9 December 2016 | Michelle Russell and Beth Wright

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.... read more


G-III Apparel completes US$650m Donna Karan acquisition

5 December 2016 | Beth Wright

Branded apparel and accessories maker G-III Apparel Group has completed its US$650m acquisition of Donna Karan International, parent of the Donna Karan and DKNY brands.... read more


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands

9 September 2016 | Michelle Russell and Beth Wright

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. ... read more


LVMH to sell Donna Karan to G-III for US$650m

25 July 2016 | Beth Wright

Branded apparel and accessories maker G-III Apparel Group is to buy Donna Karan International, parent of the Donna Karan and DKNY brands, from luxury goods group LVHM for US$650m.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. ... read more


G-III Apparel increases interest in Karl Lagerfeld

26 February 2016 | Michelle Russell

G-III Apparel Group has increased its interest in designer brand Karl Lagerfeld by taking a 19% minority stake in the parent company.... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. ... read more


Tommy Hilfiger inks dress licensing deal with G-III

5 October 2015 | Katie Smith

PVH-owned Tommy Hilfiger has entered into a licensing agreement with G-III Apparel Group for a new women's dress collection – a key growth category for the brand. ... read more


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree

25 September 2015 | Michelle Russell and Beth Wright

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. ... read more


US Q1 in brief: Finish Line, Cherokee, Destination Maternity

26 June 2015 | Michelle Russell and Katie Smith

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings. ... read more


G-III Apparel signs Karl Lagerfeld JV

8 June 2015 | Michelle Russell

G-III Apparel Group has teamed up with Karl Lagerfeld Group for the development of the US designer’s namesake brand in the North American market.... read more


G-III Apparel reveals “strong” Q4

24 March 2015 | Michelle Russell

G-III Apparel Group has booked a “strong” performance in its fourth-quarter thanks to strength in the firm's wholesale and retail businesses.... read more


G-III Apparel signs footwear deal with Genesco

24 March 2015 | Michelle Russell

G-III Apparel has entered into a wholesale license agreement with apparel and footwear retailer Genesco for the design, distribution and marketing of GH Bass footwear in the US and Canada.... read more


G-III Apparel lifts guidance as Q3 earnings climb

3 December 2014 | Michelle Russell

G-III Apparel Group has lifted its full-year earnings and sales guidance after booking an increase in third-quarter profits.... read more


US: G-III Apparel ups outlook on strong Q2

3 September 2014 | Katie Smith

G-III Apparel Group has lifted its full-year earnings and sales guidance after booking a 72% increase in second-quarter net profit.... read more


US: G-III aims to raise US$112m through share offer

25 June 2014 | Richard Woodard

G-III Apparel Group has announced a public offering of 1.5m shares in the business, which could raise nearly US$112m after expenses.... read more


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