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G-III Apparel Group Ltd. (GIII) drives innovation in global fashion through iconic brands like DKNY, Calvin Klein, and Tommy Hilfiger. This news hub provides investors and industry professionals with authoritative updates on corporate developments shaping the apparel sector.
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Key updates include quarterly financial results, licensing expansions, leadership changes, and sustainability initiatives. All content maintains strict separation between official company communications and third-party analysis for informed decision-making.
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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.
G-III Apparel Group (NASDAQ: GIII) has announced the release date for its second quarter 2025 earnings. The global fashion leader will unveil its financial results before the market opens on Thursday, September 5, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to discuss the results and engage in a Q&A session with the investment community.
Interested participants can register for the telephone conference through a provided link, receiving dial-in details upon registration. Additionally, a live audio webcast will be available on the company's Investor Relations website. G-III Apparel Group, known for its expertise in design, sourcing, and manufacturing, owns and licenses a portfolio of over 30 prominent fashion brands, including DKNY, Karl Lagerfeld, and Calvin Klein.
DKNY unveils its Fall 2024 campaign featuring Kaia Gerber as the global face for the second season. The campaign, photographed by Mikael Jansson and styled by Alastair McKimm, celebrates New York City's creative energy and iconic literature. Set against the city's backdrop, it incorporates quotes from famous books about New York.
The campaign showcases DKNY's 35th anniversary collection, DKNY est. 1989, which blends archive-inspired pieces with contemporary styles. The Fall 2024 collection emphasizes a fusion of timeless style and modern individuality, reflecting DKNY's iconic attitude and forward-thinking mindset.
Launching globally through digital, print, outdoor media, and social partnerships, the campaign marks a defining moment in DKNY's evolution, highlighting its commitment to creativity, authenticity, and accessibility.
Donna Karan New York unveils its Fall 2024 Campaign, "Reflections on Women," building on the success of its spring relaunch. The campaign features eight iconic women who embody the brand's past, present, and future, including Christy Turlington and Amber Valletta. Photographed by Mikael Jansson, the campaign celebrates the multi-faceted nature of modern women.
The Fall 2024 Collection draws inspiration from New York's urban landscape, featuring a predominantly black and gray palette with vibrant accents. The line includes architectural dresses, burnout fabrics, and textured jacquards. The collection will be available in select North American retailers on August 15, 2024, and on DonnaKaran.com.