Vilebrequin news and archive

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...

Fashion

Vilebrequin to join Amazon's Luxury Stores

Amazon’s luxury stores will soon be carrying French swimwear brand Vilebrequin across its curated platforms across Europe. Since its launch in September 2020, Amazon has steadily added to its luxury offer, which includes brands Oscar de la Renta, Eudon Choi, Elie Saab, Altuzarra as well as re-sale items from luxury houses and designers....

Business

G-III Apparel Group posts Q1 net loss of 39.3 million dollars

For its first quarter, G-III Apparel Group, Ltd. said net sales decreased 36.1 percent to 405.1 million dollars from 633.6 million dollars in the same period last year. The company reported GAAP net loss of 39.3 million dollars or 82 cents per share, compared to net income of 12 million dollars or 24 cents per diluted share, in the prior year’s...