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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)

GIII Apparel says it is not looking for tremendous increase in margin profile for outerwear in 2H 2018
Wednesday, 6 Sep 2017 08:55am EDT 

Sept 6 (Reuters) - G-III Apparel Group Ltd :GIII Apparel - DKNY and Donna Karan brands expected to generate about $20 million in total sales in 2H 2018 -conf call.GIII Apparel - DKNY and Donna Karan brands contributed $45 million to total net sales in Q2 - conf call.GIII Apparel - Calvin Klein business was up by about 15 percent in Q2 -conf call.GIII Apparel - expects high single-digit increases in sales for Calvin Klein men's and women's outerwear at fall and holiday seasons -conf call.GIII Apparel - expects to roughly double women's category in Tommy Hilfiger business in 2H 2018 over prior year -conf call.GIII Apparel says shipped almost $50 million of Tommy Hilfiger products in Q2 -conf call.GIII Apparel - expects Tommy Hilfiger men's and women's coats sales increases to grow in double-digits for upcoming outerwear season -conf call.GIII Apparel - expects to grow Karl Lagerfeld business by over 50 percent this year -conf call.GIII Apparel - expects 25 percent growth in Levi's outerwear in fall and holiday season -conf call.GIII Apparel - will have new DKNY ready-to-wear, handbags, shoes in 130-200 Macy's doors, top-tier locations -conf call.GIII Apparel - about 30 Macy's locations will have in-store shop-in-shops for ready-to-wear, handbags and balance of doors will have brand-specific fixturing -conf call.  Full Article

G-III Apparel Group Q2 loss per share $0.18
Wednesday, 6 Sep 2017 07:00am EDT 

Sept 6 (Reuters) - G-III Apparel Group Ltd ::G-III Apparel Group, Ltd announces second quarter fiscal 2018 results.Q2 loss per share $0.18.Q2 earnings per share view $-0.26 -- Thomson Reuters I/B/E/S.Sees Q3 adjusted non-GAAP earnings per share $1.45 to $1.55 excluding items.Sees FY 2018 revenue about $2.8 billion.Sees Q3 2018 sales about $1.03 billion.Q2 sales $538 million versus I/B/E/S view $522.2 million.Sees q3 2018 earnings per share $1.36 to $1.46.G-III apparel group ltd - increased its prior guidance for full fiscal year ending January 31, 2018.Sees fy 2018 earnings per share $1.11 to $1.21.FY2018 earnings per share view $1.27, revenue view $2.76 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.61, revenue view $1.02 billion -- Thomson Reuters I/B/E/S.Sees FY 2018 non-GAAP earnings per share $1.28 to $1.38 excluding items.G-III Apparel Group - Q3 forecast assumes Donna Karan related transitional expenses of about $6.0 million and non-cash imputed interest expense of $1.4 million.  Full Article

G-III Apparel Group Ltd announces joint venture for DKNY and Donna Karan in China
Wednesday, 23 Aug 2017 04:05pm EDT 

Aug 23 (Reuters) - G-iii Apparel Group Ltd :G-III Apparel Group Ltd announces joint venture for DKNY and Donna Karan in China.G-III Apparel Group Ltd says joint venture, of which G-III will own 49% and Amlon Balance, will be funded with $25 million of equity.G-III Apparel Group - partnering with Fred Gehring's investment fund, Amlon Capital Bv.G-III Apparel - partnership for to produce & market women's & men's apparel & accessories pursuant to long term license for DKNY and Donna Karan in China.G-III Apparel Group-as of Jan1, 2018,JV to be exclusive seller of DKNY, Donna Karan Brands in people's republic of China, including Macau,Hong Kong,Taiwan​.G-III Apparel Group Ltd - ‍ Fred Gehring, former Tommy Hilfiger chairman and CEO and former PVH vice chairman, will be chairman of joint venture​.G-III Apparel Group Ltd - ‍ Steve Shen, former chief executive officer of Tommy Hilfiger China, will be chief executive officer of joint venture​.  Full Article

G-III Apparel reports Q1 loss of $0.21/shr
Tuesday, 6 Jun 2017 07:00am EDT 

June 6 (Reuters) - G-III Apparel Group Ltd :G-III Apparel Group, Ltd. announces first quarter fiscal 2018 results.Q1 loss per share $0.21.Q1 earnings per share view $-0.40 -- Thomson Reuters I/B/E/S.Q1 sales $529 million versus I/B/E/S view $497.9 million.G-III Apparel Group Ltd says G-III increases full-year net sales and net income guidance.G-III Apparel Group Ltd says now expects FY net sales of approximately $2.76 billion and net income of between $1.04 and $1.14 per diluted share.G-III Apparel Group Ltd - continues to anticipate that it will incur losses from donna karan operations during first half of fiscal 2018.Sees Q2 2019 sales about $520 million.Sees Q2 adjusted non-GAAP loss per share $0.24 to $0.34 excluding items.G-III Apparel Group Ltd sees Q2 loss per share between $0.30 and $0.40.G-III Apparel Group - forecasted GAAP, non-GAAP results reflect expected operating losses of $21 million and additional interest expense of $28 million.G-III Apparel Group Ltd - now expects fiscal 2018 net sales of approximately $2.76 billion.G-III Apparel Group Ltd - now expects fiscal 2018 diluted share between $1.04 and $1.14.Q2 earnings per share view $-0.42, revenue view $491.7 million -- Thomson Reuters I/B/E/S.Fy 2018 earnings per share view $1.01, revenue view $2.72 billion -- Thomson Reuters I/B/E/S.  Full Article

G-III Apparel Group enters multi-year license agreement with PVH Corp
Monday, 22 May 2017 08:30am EDT 

May 22 (Reuters) - G-III Apparel Group Ltd : :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.  Full Article

G-III Apparel Group Q4 loss per share $0.42
Monday, 27 Mar 2017 07:00am EDT 

G-III Apparel Group Ltd : G-III Apparel Group, Ltd. Announces fourth quarter and full-year fiscal 2017 results . Q4 loss per share $0.42 . Q4 sales $603 million versus I/B/E/S view $622.8 million . Q4 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Sees fy 2018 earnings per share $0.80 to $0.90 . Sees fy 2018 sales about $2.73 billion . Sees q1 2018 sales about $500 million . Q4 non-gaap loss per share $0.16 excluding items . G-III apparel group ltd - for first fiscal quarter ending april 30, 2017, company is forecasting net loss between $0.41 and $0.51 per share . Fy2018 earnings per share view $1.34, revenue view $2.89 billion -- Thomson Reuters I/B/E/S . G-III Apparel Group Ltd - anticipates that it will incur losses from Donna Karan operations during first half of fiscal 2018 . G-III Apparel Group Ltd - anticipates impact of operational losses and additional interest in q2 of fiscal 2018 will approximate q1 impact . G-III Apparel Group- anticipating fy 2018 non-gaap net income between approximately $49 million and $54 million, or between $0.99 and $1.09 per diluted share . G-III Apparel Group Ltd - on an adjusted basis, company is forecasting q1 2018 non-GAAP net loss between $0.35 and $0.45 per share .Q1 earnings per share view $-0.06, revenue view $555.5 million -- Thomson Reuters I/B/E/S.  Full Article

Macy's and G-III sign exclusive agreement for DKNY women's apparel and accessories
Monday, 27 Mar 2017 04:00am EDT 

Macy's Inc : Macy's and G-III sign exclusive agreement for DKNY Women's apparel and accessories . under agreement, Macy's will covers DKNY Women's apparel, handbags and shoes, in addition to women's and men's outerwear and swimwear .G-III will continue to operate freestanding global DKNY stores and DKNY.com.  Full Article

G-III Apparel Group Q3 earnings per share view $1.54
Thursday, 1 Dec 2016 04:05pm EST 

G-III Apparel Group Ltd : Q3 earnings per share $1.50 . Sees FY 2017 non-GAAP earnings per share $1.61 to $1.71 excluding items . G-III Apparel Group, Ltd. announces third quarter fiscal 2017 results . Q3 earnings per share view $1.54 -- Thomson Reuters I/B/E/S . Q3 sales $883 million versus I/B/E/S view $937.6 million . Now forecasting FY net sales of approximately $2.43 billion .G-III Apparel Group Ltd sees FY non-GAAP earnings per share between $1.86 and $1.96.  Full Article

G-III Apparel Group Q2 loss per share $0.03
Tuesday, 30 Aug 2016 07:00am EDT 

G-III Apparel Group Ltd : G-III Apparel Group, Ltd. announces second quarter fiscal 2017 results . Q2 loss per share $0.03 . Q2 sales $442.3 million versus I/B/E/S view $484.9 million . Sees FY 2017 adjusted non-gaap earnings per share $2.20 to $2.30 . Sees fiscal 2017 revenue about $2.48 billion . Sees fiscal 2017 earnings per share $2.16 to $2.26 . Sees Q3 earnings per share $1.50 to $1.60 . Sees Q3 2017 sales about $940 million . Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S . Q3 earnings per share view $2.02, revenue view $1.01 billion -- Thomson Reuters I/B/E/S . Says projecting adjusted EBITDA for fiscal 2017 to decrease from prior year between 2% and 5% .FY2017 earnings per share view $2.58, revenue view $2.56 billion -- Thomson Reuters I/B/E/S.  Full Article

G-Iii to acquire Donna Karan International from lvmh
Monday, 25 Jul 2016 08:46am EDT 

G-iii Apparel Group Ltd : G-Iii to acquire donna karan international from lvmh .Says deal for an enterprise value of $650 million.  Full Article

BRIEF-GIII Apparel says it is not looking for tremendous increase in margin profile for outerwear in 2H 2018

* GIII Apparel - DKNY and Donna Karan brands expected to generate about $20 million in total sales in 2H 2018 -conf call