Fashion

G-III Apparel Group posts rise in Q3 revenues and profit


The company said on Wednesday its Q3 net profit increased. Compared with
the same period last year, revenues surged by 5 percent.

The company’s net profit for Q3 was 95 million , grew from 94 million a
year earlier. Furthermore, revenues grew to 1,128 million .

G-III Apparel Group, Ltd. (NASDAQ: GIII) was founded in 1956 by Aron
Goldfarb, who immigrated to the United States and established his own
outerwear company in the heart of New York City’s Garment District. Today
G-III Apparel is best known for its brand portfolio which includes licences
for Guess, Donna Karen, Tommy Hilfiger and Calvin Klein for which the
company designs and manufactures collections.

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