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G-III Apparel raises profit outlook despite losing Calvin Klein, Tommy Hilfiger lines
x/g-iii-apparel-group
— Sep 1, 2026
G-III Apparel reported a Q2 EPS of $0.26 on revenue of $554.09 million (miss on revenue but slight EPS beat) and released six-month results of net income $86.75 million on $1,090.06 million in sales, while also guiding toward a Q3 2027 net income of $59–$64 million on about $870 million in net sales. The company lifted its full-year guidance for the year ending January 31, 2027 to net income of $181–$185 million (EPS $4.10–$4.20) on roughly $2.71 billion in net sales, noting an anticipated $460 million sales impact from Calvin Klein and Tommy Hilfiger, thus balancing near-term weakness with an elevated annual outlook.
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Chris Dalton
Feels like a healthy sign they can absorb losing two huge licenses and still grow profit. Bodes well for their owned labels long term.
American Brands Face Retaliation From China If They Don’t Do Business In Region Known For Slave Labor
x/people-s-republic-of-china
— Oct 4, 2024
A major American brand’s refusal to do business in a Chinese region known for slave labor is drawing retaliation from Beijing. Under U.S. federal law , PVH — an American company with brands including Calvin Klein and…
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