The NYC-based owner of the DKNY and Donna Karan brands reported a 53.8 percent decline in its second-quarter sales on Wednesday, as a result of disruptions related to the Covid-19 pandemic.
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102 published items with the word (s) or phrase G-III in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "G-III posts 54% drop in second-quarter sales")
G-III posts 54% drop in second-quarter sales -
![]( "G-III posts 36% drop in sales, announces shuttering of almost 200 stores")
G-III posts 36% drop in sales, announces shuttering of almost 200 storesThe NYC-based owner of DKNY and Donna Karan has reported a 36.1% decline in its Q1 sales as a result of the Covid-19 pandemic, and also announced the permanent closure of its Wilsons Leather and G.H. Bass Stores.
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![]( "Crocs, G-III and Ascena announce further measures to deal with coronavirus crisis")
Crocs, G-III and Ascena announce further measures to deal with coronavirus crisisExtended store closures, furlough programs and base salary reductions are just some of the measures announced by U.S.-based fashion retailers such as Crocs, Ascena and G-III since the start of the week.
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![]( "G-III’s quarterly earnings come in over estimates")
G-III’s quarterly earnings come in over estimatesThe owner of DKNY, Donna Karan and Vilebrequin, among other brands, announced on Thursday that it achieved net income of $25.3 million, or $0.52 per diluted share, in Q4 2020, beating Wall Street’s expectations.
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![]( "L'Oréal appoints Cheryl Vitali as global president of luxe American brands")
L'Oréal appoints Cheryl Vitali as global president of luxe American brandsThe French cosmetics group has appointed Cheryl Vitali, former head of the Kiehl’s brand, to the new position of global president of luxe American brands. She will be succeeded in her previous role by Leonardo Chavez.
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![]( "Karl Lagerfeld is latest big name to ban fur")
Karl Lagerfeld is latest big name to ban furAnother big name has just announced that its banning the use of fur in its products with the Karl Lagerfeld brand singing up to be fur-free. AM Retail Group, which operate’s Lagerfeld’s stores, will also stop using fur.
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![]( "G-III disappoints with slower than expected sales growth and trimmed full-year guidance")
G-III disappoints with slower than expected sales growth and trimmed full-year guidanceThe owner of Donna Karan and DKNY announced a 5.2% increase in sales for the third quarter on Wednesday, a lower than expected increase, which combined with the company’s lowered full-year guidance, sent shares tumbling.
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![]( "Calvin Klein targets millennials with anniversary capsule")
Calvin Klein targets millennials with anniversary capsuleIn the midst of restructuring, Calvin Klein has called in a bevy of influencers, including the Biebers, Kendall Jenner and rapper A$AP Rocky for the launch of CK50, a capsule celebrating the brand's 50th anniversary.
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![]( "Karl Lagerfeld’s Parisian flagship reopens with “The World of Karl”")
Karl Lagerfeld’s Parisian flagship reopens with “The World of Karl”After two months of work, Karl Lagerfeld’s flagship store in Saint-Germain, Paris, has unveiled its new look, inspired by the apartment of its late head designer.
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![]( "G-III posts 3% sales rise; crops full-year guidance")
G-III posts 3% sales rise; crops full-year guidanceThe owner of brands including DKNY and Andrew Marc, announced moderate increases in sales and income for the second quarter on Thursday, but revised down its full-year earnings guidance in the face of mounting tariffs.