×
52
Fashion Jobs
SHISEIDO
Drunk Elephant Account Manager - Arnotts Dublin (37.5 Hours)
Permanent · Dublin
LEVI'S
Summer Stylist Temp
Fixed-term · Kildare
RITUALS
Store Manager - Dundrum (40 Hours)
Permanent · Dublin
RITUALS
Sales Advisor - Dundrum (8 Hours)
Permanent · Dublin
CLAUDIE PIERLOT IRLANDE
Sales Assistant - 16h - Permanent - Dublin m/f
Permanent · DUBLIN 2
CLAUDIE PIERLOT IRLANDE
Sales Assistant - 15h - Permanent- bt Dundrum m/f
Permanent · DUBLIN
CLAUDIE PIERLOT IRLANDE
Sales Assistant - 10h - Fixed-Term - bt Dundrum m/f
Fixed-term · DUBLIN
LULULEMON
Educator | Brown Thomas Grafton st Part-Time
Permanent · Dublin 2
BA&SH
New Opening - Staff Members - Dundrum Dublin
Permanent · DUBLIN
LULULEMON
Key Leader | Brown Thomas Grafton st
Permanent · Dublin
AMERICAN VINTAGE
Assistant Store Manager (M/W) New Opening
Permanent · KILDARE
RITUALS
Sales Advisor - Galway (24 Hours)
Permanent · Galway
BA&SH
Sales Assistant - Kildare Village - New Opening
Permanent · KILDARE
BA&SH
Store Manager - Kildare Village - New Opening
Permanent · KILDARE
AMERICAN VINTAGE
Store Manager (M/W) New Opening
Permanent · KILDARE
SHISEIDO
Nars Makeup Artist - Brown Thomas Dublin (15 Hours)
Permanent · Dublin
TK MAXX
10014-Associate
Permanent · Drogheda
LULULEMON
Store Manager | Brown Thomas Cork
Permanent · Cork
LULULEMON
Educator Part-Time | Dundrum
Permanent · Dublin
LULULEMON
Educator Full - Time | Dundrum
Permanent · Dublin
RITUALS
Supervisor - Dundrum (32 Hours)
Permanent · Dublin
RITUALS
Store Manager - Dundrum (40 Hours)
Permanent · Dublin
Published
Dec 7, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

G-III reports Q3 sales jump, raises guidance

Published
Dec 7, 2018

Following a strong second quarter, New York-based G-III Apparel Group announced on Thursday another sales gain for its third quarter, with net sales hitting $1.07 billion, up 4.7 percent, compared to $1.02 billion reported in the prior year period.

G-III reports Q3 sales jump, raises guidance. - Facebook: DKNY

 
The company behind DKNY, Donna Karan, Vilebrequin and G.H. Bass, saw net income for the third quarter of $94 million, or $1.86 per diluted share, up from $81.6 million, or $1.65 per diluted share, in the prior year’s comparable period.
 
Chairman and CEO Morris Goldfarb attributed the jump to a solid performance from its wholesale business. 

“In our largest shopping quarter, the continued momentum in our wholesale business enabled us to surpass our third quarter earnings guidance. We again demonstrated great ability to successfully leverage our five global power brands. Our products are set-up well across our channels of distribution for the important holiday season and we believe we will have a strong finish to the year,” Goldfarb said, in a news statement 
 
The group’s sales have flourished since acquiring the DKNY and Donna Karan brands from LVMH in 2016.
 
Most recently, earlier this month, DKNY also entered into a multi-year licensing agreement with The Swarovski Group to introduce a new international jewelry offering. The collection will be unveiled in March of 2019 and launched the following September.
 
As a result of the strong momentum during the quarter, G-III is raising its guidance for the full fiscal year ending January 31, 2019. The company now expects net sales of approximately $3.08 billion and net income between $132 million and $137 million, or between $2.59 and $2.69 per diluted share.
 
That’s compared to previously forecasted net sales of approximately $3.06 billion and net income between $125 million and $130 million, or between $2.45 and $2.55 per diluted share, for fiscal 2019.

Copyright © 2022 FashionNetwork.com All rights reserved.