G-III Apparel Group (GIII) Tops Q4 EPS by 15c
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G-III Apparel Group, Ltd. Announces Record Fourth Quarter and Full-Year Fiscal 2015 Results
March 24, 2015 7:00 AM EDTFourth Quarter Non-GAAP Net Income per Diluted Share Increases 58% to $0.98
Full Year Non-GAAP Net Income per Diluted Share Increases 21% to $4.54
Initiates Fiscal 2016 Guidance, Expects Continued Sales and Profit Momentum
NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the fourth quarter and full year of fiscal 2015.
Net sales for the fiscal year ended January 31, 2015 were up 23% to $2.12 billion from $1.72 billion in the prior year. The full year sales growth was driven by strong performances from... More
G-III Apparel Group and Genesco Enter into Footwear License for G.H. Bass
March 23, 2015 4:01 PM EDTNEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NASDAQ: GIII) (the Company)and Genesco Inc. (NYSE: GCO) announced today that they have entered into a wholesale license agreement for Genesco to design, distribute, and market G.H. Bass mens and womens footwear in the United States and Canada. The line will be shown to the trade this summer. First shipments are expected for the Spring 2016 season, with distribution through better department and specialty stores.
Jeff Goldfarb, G-IIIs Director of Business Development, commented, G.H.... More
