G Iii Apparel Group Ltd Stock Price, News & Analysis

G-III Apparel Group (GIII) and ALDO Product Services have entered into a seven-year exclusive licensing agreement for the G.H.BASS brand. Under this strategic partnership, ALDO will design, manufacture, distribute, market, and sell G.H.BASS footwear, bags, and small leather goods across North America.

The agreement includes management of the ghbass.com e-commerce platform, with the first collection set to launch for Spring/Summer 2026. ALDO will leverage its global supply chain, manufacturing expertise, wholesale partnerships, and direct-to-consumer digital networks to expand G.H.BASS's market presence.

The collaboration aims to blend G.H.BASS's 150-year heritage in craftsmanship with innovative designs to attract new consumers, focusing on elevated essentials that combine heritage, quality, and modern design.

G-III Apparel Group reported strong financial results for fiscal 2025, with net sales reaching $3.18 billion, up 2.7% from $3.10 billion last year. The company achieved record earnings with GAAP net income per diluted share of $4.20 and non-GAAP earnings of $4.42 per diluted share.

Key highlights include an 8% reduction in inventories, significant debt reduction of 99% to $6.2 million, and cash availability exceeding $775 million. Fourth quarter performance showed a 9.8% increase in net sales to $839.5 million.

For fiscal 2026, G-III projects net sales of approximately $3.14 billion and expects diluted earnings per share between $4.15 and $4.25. The company's owned brands DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin are anticipated to continue delivering double-digit sales increases, helping offset reduced sales from Calvin Klein and Tommy Hilfiger licenses transition.

G-III Apparel Group (NASDAQ: GIII), a global fashion leader, has scheduled its fourth quarter and full year fiscal 2025 earnings release for Thursday, March 13, 2025, before market opening. The company will host a conference call at 8:30 a.m. ET the same day, featuring a management discussion and Q&A session for investors.

G-III owns and licenses over 30 prominent fashion brands, including ten owned iconic brands such as DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin. The company also licenses more than 20 brands, including Calvin Klein, Tommy Hilfiger, Nautica, Halston, Converse, and National Sports leagues partnerships.

DKNY has launched its Spring 2025 Campaign featuring Lila Moss as the new global face of the brand. The campaign, shifting focus from literature to cinema, draws inspiration from iconic New York City films. Lila Moss, daughter of Kate Moss, brings fresh energy while maintaining a connection to fashion heritage, as Kate Moss simultaneously appears in the Donna Karan New York Spring 2025 Campaign.

The campaign, photographed by Mikael Jansson, showcases the 'DKNY est. 1989' collection, which reimagines iconic archive pieces with a contemporary twist. The collection features youthful yet elevated looks, including boxy striped polos, denim shorts, and pinstripe suiting. The campaign will be distributed globally through social media, digital platforms, outdoor advertising, and influencer partnerships.

Donna Karan New York has unveiled its Spring 2025 Campaign featuring supermodel Kate Moss in a campaign titled 'Multi-Faceted Woman'. The campaign, photographed by Craig McDean, showcases the Spring 2025 collection in a light-filled space, emphasizing timeless and chic designs.

The collection features key pieces including black blazers with halter necklines, draped ecru dresses, linen suits, and slouchy knits with lurex details. The designs maintain a monochromatic palette enhanced with shimmering surface treatments and archive-inspired hardware elements.

The campaign launches across all Donna Karan social channels with a 360-degree approach throughout North America, including digital platforms, print placements, and outdoor displays. The Spring 2025 collection will be available in select North American retailers and on DonnaKaran.com starting February 6th, 2025.

G-III Apparel Group reported strong Q3 fiscal 2025 results, with net sales increasing 1.8% to $1.09 billion compared to $1.07 billion last year. The company's key owned brands (DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin) achieved over 30% organic growth. Net income was $114.8 million, or $2.55 per diluted share, compared to $127.6 million ($2.74 per share) in the prior year.

The company raised its fiscal 2025 guidance, now expecting net sales to increase by approximately 2% to $3.15 billion. Inventories decreased 10% to $532.5 million, and total debt decreased 52% to $224.2 million. The company voluntarily redeemed $400 million in senior secured notes in August 2024.

G-III Apparel Group (NASDAQ: GIII) has announced it will release its third quarter 2025 earnings before market opens on Tuesday, December 10, 2024. The company will host a conference call at 8:30 a.m. ET the same day, including a Q&A session for investors.

G-III is a global fashion leader specializing in design, sourcing, and marketing. The company owns ten iconic brands including DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin, while licensing over 20 brands such as Calvin Klein, Tommy Hilfiger, Nautica, and others.

G-III Apparel Group, (GIII) reported strong Q2 fiscal 2025 results, with net sales of $644.8 million, slightly down from $659.8 million last year. The company exceeded guidance with non-GAAP net income per diluted share of $0.52. DKNY and Karl Lagerfeld brands collectively grew double-digits, and the Donna Karan relaunch was successful. G-III announced a new global apparel license for Converse, expanding its active lifestyle category. The company raised its fiscal 2025 outlook, expecting net sales to increase by 3% to $3.20 billion and non-GAAP diluted EPS between $3.95 and $4.05. G-III also repaid $400 million in senior secured notes and repurchased 1.2 million shares for $31.6 million.