G-Iii Apparel Group Ltd (GIII)
G-III Apparel Group Ltd is a fashion company that designs, manufactures, and markets apparel and accessories. It is known for licensing and producing products under various brand names, including popular sportswear, casual, and accessories brands. The company partners with major retailers and brand owners to bring a diverse range of stylish and innovative clothing to global markets.
Company News
G-III Apparel Group reported Q2 fiscal 2026 results with net sales of $613 million and GAAP diluted EPS of $0.25, experiencing challenges from expiring licenses and tariff costs while focusing on owned brand growth and digital transformation.
G-III Apparel Group and ALDO Group have announced a new licensing agreement for the G.H.BASS brand, where ALDO will design, manufacture, and sell G.H.BASS footwear, bags, and small leather goods in North America.
US stock futures declined as traders await key economic data releases. US-listed Chinese stocks fell after China pledged stimulus measures. Nvidia and AMD stocks also declined.
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