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G-III Apparel Group Ltd (GIII.OQ)

GIII.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

PVH Corp's Tommy Hilfiger announces license agreement with G-III Apparel Group Ltd for women's dress collection
Friday, 2 Oct 2015 09:00am EDT 

Tommy Hilfiger, which is owned by PVH Corp, and G-III Apparel Group Ltd:Enter into license agreement to introduce a line of women's dresses inspired by the Tommy Hilfiger brand's fresh take on classic, American, cool style.Beginning February 2016, the collection will be available at select department stores, including Macy's, specialty stores, and e-commerce partners in the United States and Canada.  Full Article

G-III Apparel Group Ltd raises prior FY 2016 earnings guidance
Wednesday, 2 Sep 2015 07:30am EDT 

G-III Apparel Group Ltd:Says that it has revised its prior guidance for FY 2016.Sees FY 2016 net sales of about $2.40 billion.Sees FY 2016 net income between $129 million and $134 million, or a range between $2.78 and $2.88 per diluted share.  Full Article

G-III Apparel Group Ltd and Karl Lagerfeld Group BV announce karl lagerfeld north america joint venture
Monday, 8 Jun 2015 06:00am EDT 

G-III Apparel Group Ltd and and Karl Lagerfeld Group BV:Says that they have entered into joint venture (JV) agreement.For development of iconic designer's namesake brand in North American market.Under terms of agreement, Karl Lagerfeld Group BV has assigned the Karl Lagerfeld marks for all consumer products (except eyewear, fragrance, cosmetics, watches, jewelry, and hospitality services, all of which remain exclusively with Karl Lagerfeld Group BV) and apparel in U.S and Canada.In addition, JV will be granted an exclusive, irrevocable, royalty-free license to use the marks in Mexico with respect to the same products. G-III acquired 49 pct interest in JV.G-III is also first licensee of joint venture and has been granted a five year license (with two renewals of five years each) for women's apparel, women's handbags, and men's outerwear.JV expects to grant additional category licenses over time to G-III and/or to other parties.  Full Article

More From Around the Web

BRIEF-G-III Apparel Group enters multi-year license agreement with PVH Corp

* G-III Apparel Group- entered multi-year license agreement with PVH Corp under which PVH will design,distribute menswear for DKNY brand in U.S., Canada Source text for Eikon: Further company coverage: