Detail akcie G-III Apparl Grp online

Business Summary: G-III Apparel Group, Ltd. designs, sources and markets a range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage. Its segments include wholesale operations and retail operations. The wholesale operations segment includes sales of products to retailers under owned, licensed and private label brands, as well as sales related to the Vilebrequin and Karl Lagerfeld businesses, other than sales of products under the Karl Lagerfeld Paris brand from its retail stores and digital outlets. The retail operations segment consists primarily of direct sales to consumers through its Company-operated stores and through digital channels. Its Company-operated retail channels consist primarily of DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H. Bass, Andrew Marc and Wilsons Leather.
Financial Summary: BRIEF: For the three months ended 30 April 2024, G-III Apparel Group Ltd revenues increased 1% to $609.7M. Net income increased 79% to $5.8M. Revenues reflect Wholesale segment increase of 2% to $597.8M, Retail segment increase of 1% to $30.5M, Retail Sales - Total increase of 1% to $30.5M. Net income benefited from Retail segment loss decrease of 10% to $8.4M.