Net Sales of $644.8 Million for the Second Quarter Compared to $659.8 Million Last Year Second Quarter GAAP and Non-GAAP Net Income Per Diluted Share Exceed Guidance Raises GAAP and Non-GAAP Net Income Per Diluted Share Guidance for Fiscal Year 2025 Repaid $400 Million Senior Secured Notes Due August 2025 Repurchased 1.2 Million Shares of the Company's Common Stock for $31.6 Million Announces New Global Apparel License for the Converse Brand NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- G-III Apparel Group, ...

G-III Apparel Group, Ltd. (GIII) is strategically positioned for continued growth and profitability through its aggressive digital and omnichannel expansion, strong performance in wholesale and retail segments and significant partnerships such as the one with AWWG. The company's focus on enhancing its European presence, reducing reliance on PVH brands and targeting high-growth markets like India and China is likely to drive success. With a solid financial foundation, robust brand performance and a commitmen ...

ozgurdonmaz Generally speaking, I try to stay away from companies in the apparel/clothing space. This is a highly competitive market, and fickle consumer tastes can mean the difference between thriving and dying. But every so often, I find a firm that I turn bullish on. Back in August 2023, very close to a year ago today, I rated G-III Apparel Group, Ltd. (NASDAQ:GIII) a "buy." The company had seen some disappointing financial performance leading up to that point, and I said that shares would be on watch fo ...

G-III Apparel Group, Ltd. (GIII) has showcased impressive resilience over the past year, with its shares gaining 28.8%. This growth contrasts sharply with the 10% decline in the Zacks Textile - Apparel industry. The company's success can be attributed to its robust omnichannel strategies, expansive market reach and adept financial management. GIII's operational prowess has also helped it outperform the broader Zacks Consumer Discretionary sector and the S&P 500's respective growth of 6.5% and 26.3%. Closing ...

This past spring, Donna Karan New York relaunched the brand with the "In Women We Trust" campaign, breathing new life into its story and legacy. The campaign featured multiple generations of women as brand storytellers, resonating deeply with a broad audience and giving the brand immediate relevance. Building on its success this past spring, Donna Karan enhances its storytelling for Fall 2024 by embracing women's dimensional nature—strong yet sensual, powerful, and passionate. This deep emotional connection ...

G-III Apparel Group, Ltd.'s (GIII) focus on digital growth, market expansion and robust brand management positions it for sustained success. The company's enhanced omnichannel capabilities, key partnerships and investments in high-growth markets are expected to drive significant sales growth. Strong performances in both wholesale and retail segments, coupled with successful brand initiatives like DKNY and Karl Lagerfeld, underscore its competitive edge. The continued reduction in reliance on PVH brands and ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

G-III Apparel Group, Ltd. (GIII) announced an increased investment in All We Wear Group ("AWWG"), marking a significant move to enhance its international footprint. The company, renowned for its fashion leadership, has raised its ownership stake in AWWG from 12% to approximately 19%.AWWG, headquartered in Madrid and backed by M1 Group, LCatterton and founder Carlos Ortega, boasts a robust portfolio featuring Pepe Jeans London, Hackett and Façonnable. With revenues exceeding $650 million through more than 3, ...

ReGen III Announces Closing of Second and Final Tranche of Convertible Debenture Offering and Conference ParticipationJuly 15, 2024 7:00 PM EDT | Source: ReGen III Corp.Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce the c ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics ...