G-III news and archive

G-III reports negative fiscal 2026 results and strategic transition

US-based fashion company G-III Apparel Group has announced its financial results for the fourth quarter and full fiscal year 2026, ended January 31, 2026. The group reported a decrease in annual net sales as it navigates the planned exit of its licenses for Calvin Klein and Tommy Hilfiger. For the full fiscal year, net sales reached 2.96 billion...

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G-III Apparel Group raises earnings guidance, initiates quarterly dividend

G-III Apparel Group, Ltd. announced its financial results for the third quarter of fiscal 2026, ended October 31, 2025, revealing net sales decrease of 9 percent to 988.6 million dollars compared to 1.09 dollars billion in the prior-year quarter. The company’s net income was 80.6 million dollars, or 1.84 dollars per diluted share. Despite the...

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G-III Apparel Q2 sales down, tariff impact expected

For the second quarter, G-III Apparel Group's net sales decreased 5 percent to 613.3 million dollars compared to the same period last year. Net income for the quarter was 10.9 million dollars, or 25 cents per diluted share, a decline from 24.2 million dollars, or 53 cents per diluted share, a year ago. G-III also repurchased 1.14 million of its...

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Licensing showdown: PVH and G-III feud escalates over high-stakes legal clash

Tensions between PVH and G-III are escalating. The latest twist in the ongoing dispute between the two US fashion giants: PVH is countersuitng and has filed a motion to dismiss G-III’s lawsuit, doubling down on its insistence that it did not breach a contract, as its disgruntled partner had initially claimed. While hostility between the duo has...

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G-III reports ‘solid’ quarterly figures and withdraws earnings forecast

US-based fashion conglomerate G-III Apparel Group Ltd. reported a decline in revenue for the first quarter of its 2025/26 financial year, in line with expectations. However, the group delivered a stronger-than-anticipated rise in profits. Overall, the parent company of brands such as Donna Karan, DKNY, Karl Lagerfeld and Sonia Rykiel exceeded...

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G-III and Aldo strike up licensing deal for G.H.Bass

G-III Apparel Group has secured a new strategic licensing agreement with Aldo Product Services (APS), a subsidiary of the Aldo Group, for the accessory line of the brand G.H.Bass. Through the seven-year exclusive deal, APS will be responsible for the design, manufacturing, distribution, marketing and sale of G.H.Bass footwear, bags, and small...

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Karl Lagerfeld parent G-III posts surprising sales and profit growth

US clothing group G-III Apparel Group Ltd. closed the 2024/25 financial year with surprisingly strong sales and profit growth. This is evident from the annual report that the parent company of fashion brands Donna Karan, DKNY, Karl Lagerfeld and Sonia Rykiel presented on Thursday. In the past fiscal year, which ended on January 31, the group's...

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G-III raises earnings guidance for fiscal 2025

G-III Apparel Group’s third quarter net sales increased 1.8 percent to 1.09 billion dollars, while net income was 114.8 million dollars or 2.55 dollars per diluted share. The company said non-GAAP net income per diluted share was 2.59 dollars for the quarter compared to 2.78 dollars in the same period last year. Commenting on the financial...

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G-III raises fiscal 2025 profit guidance

G-III Apparel Group reported net sales for the second quarter decreased 2 percent to 644.8 million dollars. Net income for the quarter rose to 24.2 million dollars or 53 cents and non-GAAP net income per diluted share increased to 52 cents. The company expects 2025 net sales to increase by approximately 3 percent to 3.20 billion dollars, net...

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G-III and JS to develop BCBG family of brands

Marquee Brands, the parent company of global fashion house, BCBG, has announced new strategic partnerships with G-III Apparel Group to propel growth at its iconic brands – BCBG and BCBG Generation and JS International (JS) to reinvigorate BCBGMaxazria. The company said in a release that these partnerships will commence with each brand’s 2025...

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G-III Apparel Group posts sales and earnings growth

G-III’s net sales for the first quarter were 609.7 million dollars , while net income rose to 5.8 million dollars or 12 cents per diluted share versus the prior year’s quarter. Non-GAAP net income per diluted share was 12 cents for the quarter compared to 13 cents in the same period last year. Commenting on the first quarter results, Morris...

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Donna Karan New York to relaunch under G-III next spring

Donna Karan New York is undergoing a revival in a bid to reintroduce the brand to the current generation of women next spring. According to a report by Women’s Wear Daily, parent company G-III Apparel Group Ltd, which acquired Donna Karan International Inc. back in 2016, has undertaken a creative refresh of the Donna Karan New York brand. This...