GIII Apparel Group, based in New York City, designs and markets women's apparel, employing 3,500 people across wholesale and retail operations. Its brands include DKNY, Karl Lagerfeld Paris, and Vilebrequin.
GIII has been in the news recently: G-III Apparel Group reported Q2 earnings of 52 cents, exceeding estimates, and raised its annual EPS outlook to $3.95-$4.05 after cutting inventories by 24%. Despite a 2% revenue decline to $644.8 million, the company's shares surged 24.3% due to strong earnings guidance.
📡️ Consumer Discretionary
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