[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) G-III exceeded Q2 FY26 net sales and earnings expectations, driven by strong brand performance, while updating fiscal 2026 guidance to reflect macro environment, cautious retail partners, and tariff impacts [CEO Commentary](index=1&type=section&id=CEO%20Commentary) G-III's CEO reported exceeding Q2 FY26 net sales and earnings, driven by strong brand performance, and updated fiscal 2026 guidance to reflect macro conditions, cautious retail partners, and tariff mitigation efforts - Exceeded expectations across **net sales and earnings in Q2 FY26**, driven by strong momentum from key portfolio brands[3](index=3&type=chunk) - Updated fiscal 2026 guidance reflects the current macro environment, cautious retail partners, and tariff impacts[3](index=3&type=chunk) - Actively mitigating tariff pressures through vendor participation, sourcing shifts, and targeted price increases[3](index=3&type=chunk) [Second Quarter Fiscal 2026 Highlights](index=1&type=section&id=Second%20Quarter%20Fiscal%202026%20Highlights) Key highlights for Q2 FY26 include net income per diluted share and net sales exceeding guidance, significant share repurchases, a strong cash position, and updated fiscal 2026 guidance - **Net Income Per Diluted Share of $0.25** and **Net Sales of $613.3 million** for the Second Quarter both exceeded guidance[6](index=6&type=chunk) - Repurchased **$24.6 million** or **1,140,988 shares** in the Second Quarter[6](index=6&type=chunk)[9](index=9&type=chunk) - Maintains a strong cash and availability position[6](index=6&type=chunk) - Provided updated fiscal 2026 guidance[6](index=6&type=chunk) [Second Quarter Fiscal 2026 Financial Performance](index=1&type=section&id=Second%20Quarter%20Fiscal%202026%20Financial%20Performance) This section details G-III's financial results for Q2 FY26, including GAAP and non-GAAP performance, balance sheet data, and capital allocation activities [Results of Operations (GAAP)](index=1&type=section&id=Results%20of%20Operations%20(GAAP)) For Q2 FY26, G-III Apparel Group reported decreases in net sales, net income, and diluted earnings per share compared to the prior year's quarter Second Quarter Fiscal 2026 GAAP Financial Results | Metric | Q2 FY26 (Ended Jul 31, 2025) | Q2 FY25 (Ended Jul 31, 2024) | Change (%) | | :------------------- | :--------------------------- | :--------------------------- | :--------- | | Net Sales (Millions USD) | $613.3 | $644.8 | -5.0% | | Net Income (Millions USD) | $10.9 | $24.2 | -54.9% | | Diluted EPS ($) | $0.25 | $0.53 | -52.8% | [Non-GAAP Financial Results](index=1&type=section&id=Non-GAAP%20Financial%20Results) Non-GAAP net income per diluted share for Q2 FY26 was $0.25, compared to $0.52 in the prior year, after excluding specific one-time adjustments Second Quarter Fiscal 2026 Non-GAAP Diluted EPS | Metric | Q2 FY26 (Ended Jul 31, 2025) ($) | Q2 FY25 (Ended Jul 31, 2024) ($) | | :--------------------------- | :--------------------------- | :--------------------------- | | Non-GAAP Net Income Per Diluted Share | $0.25 | $0.52 | - Non-GAAP adjustments for Q2 FY26 excluded **$0.3 million** in one-time severance expenses, while Q2 FY25 excluded a **($0.6) million** gain on liability forgiveness[5](index=5&type=chunk) [Balance Sheet and Capital Allocation](index=2&type=section&id=Balance%20Sheet%20and%20Capital%20Allocation) As of July 31, 2025, inventories increased by 5%, total debt significantly decreased by 96% due to senior secured note redemption, and the company repurchased 1,140,988 shares for $24.6 million Selected Balance Sheet Data (as of July 31) | Metric | FY26 (2025) (Millions USD) | FY25 (2024) (Millions USD) | Change (%) | | :-------- | :------------------- | :------------------- | :--------- | | Inventories | $639.8 | $610.5 | +5.0% | | Total Debt | $15.5 | $414.0 | -96.3% | - Voluntarily redeemed **$400.0 million** in senior secured notes in August 2024 using cash and revolving credit facility borrowings[8](index=8&type=chunk) - Share repurchases totaled **1,140,988 shares** for **$24.6 million** in Q2 FY26[9](index=9&type=chunk) [Fiscal 2026 and Third Quarter Fiscal 2026 Outlook](index=2&type=section&id=Fiscal%202026%20and%20Third%20Quarter%20Fiscal%202026%20Outlook) This section provides G-III's updated financial guidance for fiscal 2026 and Q3 FY26, including GAAP and non-GAAP projections, and details on tariff impacts and mitigation strategies [Fiscal 2026 Guidance](index=2&type=section&id=Fiscal%202026%20Guidance) The company provided updated fiscal 2026 guidance, anticipating declines in net sales, net income, and EPS compared to fiscal 2025, reflecting current macro conditions and tariff impacts, with both GAAP and Non-GAAP figures [GAAP Guidance](index=2&type=section&id=GAAP%20Guidance) For fiscal 2026, GAAP net sales are expected to be approximately $3.02 billion, with net income between $112.0 million and $122.0 million, and diluted EPS between $2.53 and $2.73, all decreasing from fiscal 2025 Fiscal 2026 GAAP Guidance vs. Fiscal 2025 Actuals | Metric | FY26 Guidance (Expected) | FY25 Actual (Prior Year) | | :------------ | :----------------------- | :----------------------- | | Net Sales (Billions USD) | ~$3.02 | $3.18 | | Net Income (Millions USD) | $112.0 - $122.0 | $193.6 | | Diluted EPS ($) | $2.53 - $2.73 | $4.20 | [Non-GAAP Guidance](index=2&type=section&id=Non-GAAP%20Guidance) Non-GAAP net income for fiscal 2026 is projected to be between $113.0 million and $123.0 million, with diluted EPS between $2.55 and $2.75, also showing a decline from fiscal 2025 Fiscal 2026 Non-GAAP Guidance vs. Fiscal 2025 Actuals | Metric | FY26 Guidance (Expected) | FY25 Actual (Prior Year) | | :-------------------- | :----------------------- | :----------------------- | | Non-GAAP Net Income (Millions USD) | $113.0 - $123.0 | $203.6 | | Non-GAAP Diluted EPS ($) | $2.55 - $2.75 | $4.42 | [Other Financial Projections](index=2&type=section&id=Other%20Financial%20Projections) Additional fiscal 2026 projections include Adjusted EBITDA between $198.0 million and $208.0 million, net interest expense of approximately $5.0 million, and an estimated tax rate of 29.9% Fiscal 2026 Other Financial Projections | Metric | FY26 Guidance (Expected) | FY25 Actual (Prior Year) | | :--------------------- | :----------------------- | :----------------------- | | Adjusted EBITDA (Millions USD) | $198.0 - $208.0 | $325.9 | | Net Interest Expense (Millions USD) | ~$5.0 | N/A | | Estimated Tax Rate (%) | 29.9 | N/A | [Third Quarter Fiscal 2026 Guidance](index=3&type=section&id=Third%20Quarter%20Fiscal%202026%20Guidance) For Q3 FY26, net sales are expected to be approximately $1.01 billion, with net income between $62.0 million and $72.0 million, and diluted EPS between $1.43 and $1.63, all indicating a decline from the prior year Third Quarter Fiscal 2026 Guidance vs. Prior Year | Metric | Q3 FY26 Guidance (Expected) | Q3 FY25 Actual (Prior Year) | | :------------ | :-------------------------- | :-------------------------- | | Net Sales (Billions USD) | ~$1.01 | $1.09 | | Net Income (Millions USD) | $62.0 - $72.0 | $114.8 | | Diluted EPS ($) | $1.43 - $1.63 | $2.55 | [Tariff Impact and Mitigation](index=2&type=section&id=Tariff%20Impact%20and%20Mitigation) The company anticipates a total incremental tariff cost of approximately $155 million for fiscal 2026, partially offset by mitigation efforts, leaving an estimated unmitigated impact of $75 million, primarily in the second half - Anticipates a total incremental tariff cost of approximately **$155 million** for fiscal 2026[10](index=10&type=chunk) - Tariff costs are partially offset through vendor participation, strategic sourcing shifts, and targeted price increases[10](index=10&type=chunk) - The remaining unmitigated tariff impact, reflected in fiscal 2026 guidance, is estimated at **$75 million**, primarily weighted to the second half of the year[10](index=10&type=chunk) [Company Overview & Disclosures](index=3&type=section&id=Company%20Overview%20%26%20Disclosures) This section provides an overview of G-III Apparel Group, its brand portfolio, explanations of non-GAAP financial measures, and important disclosures regarding forward-looking statements and associated risks [About G-III Apparel Group, Ltd.](index=3&type=section&id=About%20G-III%20Apparel%20Group%2C%20Ltd.) G-III Apparel Group, Ltd. is a global fashion leader specializing in design, sourcing, distribution, and marketing, managing a portfolio of over 30 owned and licensed brands - G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing[18](index=18&type=chunk) - Owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin[18](index=18&type=chunk) - Licenses over 20 sought-after names in global fashion, including Calvin Klein, Tommy Hilfiger, and major national sports leagues[18](index=18&type=chunk) [Non-GAAP Financial Measures Explanation](index=3&type=section&id=Non-GAAP%20Financial%20Measures%20Explanation) The report includes non-GAAP financial measures to provide supplemental information on operational performance by excluding items not indicative of core business results, such as one-time severance expenses and gains on liability forgiveness - Non-GAAP financial measures provide meaningful supplemental information regarding performance[17](index=17&type=chunk)[23](index=23&type=chunk)[25](index=25&type=chunk)[28](index=28&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk) - These measures exclude items not indicative of core business operating results, such as one-time severance expenses, gains on liability forgiveness, asset impairments, and write-off of deferred financing costs[17](index=17&type=chunk)[23](index=23&type=chunk)[25](index=25&type=chunk)[28](index=28&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) The document contains forward-looking statements regarding G-III's business outlook, financial performance, and strategic plans, which are subject to various risks and uncertainties, including reliance on licensed products, foreign manufacturing, supply chain disruptions, economic conditions, and tariffs - Statements concerning business outlook, future economic performance, anticipated revenues, expenses, product introductions, and plans are considered forward-looking statements[19](index=19&type=chunk) - Forward-looking statements are subject to risks and uncertainties, including reliance on licensed products, foreign manufacturing, supply chain disruptions, economic conditions, and tariff impacts[19](index=19&type=chunk) [Financial Statements and Reconciliations](index=4&type=section&id=Financial%20Statements%20and%20Reconciliations) This section presents G-III Apparel Group's consolidated statements of income and selected balance sheet data, along with detailed reconciliations of GAAP to non-GAAP net income and Adjusted EBITDA for various periods [Consolidated Statements of Income](index=4&type=section&id=Consolidated%20Statements%20of%20Income) This section presents the consolidated statements of income for G-III Apparel Group, Ltd. and Subsidiaries for the three and six months ended July 31, 2025, and 2024, detailing net sales, cost of goods sold, gross profit, operating expenses, and net income Consolidated Statements of Income (In thousands, except per share amounts) | Metric | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | Six Months Ended July 31, 2025 | Six Months Ended July 31, 2024 | | :----------------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Net sales | $613,266 | $644,755 | $1,196,875 | $1,254,502 | | Cost of goods sold | 362,795 | 368,881 | 699,860 | 719,735 | | Gross profit | 250,471 | 275,874 | 497,015 | 534,767 | | Selling, general and administrative expenses | 226,845 | 229,030 | 458,340 | 465,651 | | Depreciation and amortization | 7,326 | 5,380 | 13,899 | 14,148 | | Operating profit | 16,300 | 41,464 | 24,776 | 54,968 | | Other income (loss) | (707) | (2,952) | 2,755 | (3,175) | | Interest and financing charges, net | 304 | (4,876) | (157) | (10,300) | | Income before income taxes | 15,897 | 33,636 | 27,374 | 41,493 | | Income tax expense | 4,958 | 9,447 | 8,676 | 11,752 | | Net income | 10,939 | 24,189 | 18,698 | 29,741 | | Less: loss attributable to noncontrolling interests | — | (23) | — | (273) | | Net income attributable to G-III Apparel Group, Ltd. | $10,939 | $24,212 | $18,698 | $30,014 | | Net income attributable to G-III Apparel Group, Ltd. per common share: | | | | | | Basic ($) | $0.26 | $0.54 | $0.43 | $0.67 | | Diluted ($) | $0.25 | $0.53 | $0.42 | $0.65 | | Weighted average shares outstanding: | | | | | | Basic (Shares) | 42,777 | 44,569 | 43,254 | 45,022 | | Diluted (Shares) | 44,219 | 45,483 | 44,795 | 46,105 | [Selected Balance Sheet Data](index=4&type=section&id=Selected%20Balance%20Sheet%20Data) This section provides selected balance sheet data for G-III Apparel Group, Ltd. and Subsidiaries as of July 31, 2025, and 2024, including key assets, liabilities, and equity figures Selected Balance Sheet Data (in thousands) | Metric | As of July 31, 2025 (Thousands USD) | As of July 31, 2024 (Thousands USD) | | :------------------------ | :------------------ | :------------------ | | Cash and cash equivalents | $301,778 | $414,791 | | Working capital | 812,675 | 1,047,653 | | Inventories | 639,756 | 610,492 | | Total assets | 2,690,981 | 2,696,287 | | Total debt | 15,481 | 413,968 | | Operating lease liabilities | 280,295 | 218,733 | | Total stockholders' equity | 1,708,521 | 1,512,635 | [Reconciliation of GAAP to Non-GAAP Net Income](index=5&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Net%20Income) This section reconciles GAAP to non-GAAP net income for the three and six months ended July 31, 2025, and 2024, by adjusting for one-time severance expenses and a gain on forgiveness of liabilities, along with their income tax impacts Reconciliation of GAAP Net Income to Non-GAAP Net Income (In thousands) | Metric | Three Months Ended July 31, 2025 (Thousands USD) | Three Months Ended July 31, 2024 (Thousands USD) | Six Months Ended July 31, 2025 (Thousands USD) | Six Months Ended July 31, 2024 (Thousands USD) | | :----------------------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | GAAP net income attributable to G-III Apparel Group, Ltd. | $10,939 | $24,212 | $18,698 | $30,014 | | Excluded from non-GAAP: | | | | | | One-time warehouse related severance expenses | 349 | — | 1,327 | — | | Gain on forgiveness of liabilities | — | (600) | — | (600) | | Income tax impact of non-GAAP adjustments | (108) | 168 | (420) | 168 | | Non-GAAP net income attributable to G-III Apparel Group, Ltd., as defined | $11,180 | $23,780 | $19,605 | $29,582 | [Reconciliation of GAAP to Non-GAAP Net Income Per Share](index=6&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Net%20Income%20Per%20Share) This section provides a reconciliation of GAAP diluted net income per common share to non-GAAP diluted net income per common share for the three and six months ended July 31, 2025, and 2024, detailing the per-share impact of non-GAAP adjustments Reconciliation of GAAP Net Income Per Share to Non-GAAP Net Income Per Share | Metric | Three Months Ended July 31, 2025 ($) | Three Months Ended July 31, 2024 ($) | Six Months Ended July 31, 2025 ($) | Six Months Ended July 31, 2024 ($) | | :----------------------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | GAAP diluted net income attributable to G-III Apparel Group, Ltd. per common share | $0.25 | $0.53 | $0.42 | $0.65 | | Excluded from non-GAAP: | | | | | | One-time warehouse related severance expenses | — | — | 0.03 | — | | Gain on forgiveness of liabilities | — | (0.01) | — | (0.01) | | Income tax impact of non-GAAP adjustments | — | — | (0.01) | — | | Non-GAAP diluted net income attributable to G-III Apparel Group, Ltd. per common share, as defined | $0.25 | $0.52 | $0.44 | $0.64 | [Reconciliation of Net Income to Adjusted EBITDA](index=7&type=section&id=Reconciliation%20of%20Net%20Income%20to%20Adjusted%20EBITDA) This section reconciles net income to Adjusted EBITDA for the three months ended July 31, 2025, and 2024, and provides forecasted and actual Adjusted EBITDA for the twelve months ending January 31, 2026, and 2025, by adding back depreciation, interest, taxes, and other specific non-recurring items Reconciliation of Net Income to Adjusted EBITDA (In thousands) | Metric | Three Months Ended July 31, 2025 (Thousands USD) | Three Months Ended July 31, 2024 (Thousands USD) | Forecasted Twelve Months Ending January 31, 2026 (Thousands USD) | Actual Twelve Months Ended January 31, 2025 (Thousands USD) | | :----------------------------------------- | :------------------------------- | :------------------------------- | :----------------------------------------------- | :-------------------------------------------- | | Net income attributable to G-III Apparel Group, Ltd. | $10,939 | $24,212 | $112,000 - 122,000 | $193,566 | | One-time warehouse related severance expenses | 349 | — | 1,327 | 1,908 | | Asset impairments | — | — | — | 8,195 | | Gain on forgiveness of liabilities | — | (600) | — | (600) | | Depreciation and amortization | 7,326 | 5,380 | 30,000 | 27,444 | | Interest and financing charges, net | (304) | 4,876 | 5,000 | 18,842 | | Income tax expense | 4,958 | 9,447 | 49,673 | 76,566 | | Adjusted EBITDA, as defined | $23,268 | $43,315 | $198,000 - 208,000 | $325,921 | [Reconciliation of Forecasted and Actual GAAP to Non-GAAP Net Income](index=8&type=section&id=Reconciliation%20of%20Forecasted%20and%20Actual%20GAAP%20to%20Non-GAAP%20Net%20Income) This section reconciles forecasted and actual GAAP net income to non-GAAP net income for various periods, including Q3 FY26, Q3 FY25, FY26, and FY25, by adjusting for specific non-GAAP items Reconciliation of Forecasted and Actual GAAP Net Income to Non-GAAP Net Income (In thousands) | Metric | Forecasted Three Months Ending Oct 31, 2025 (Thousands USD) | Actual Three Months Ended Oct 31, 2024 (Thousands USD) | Forecasted Twelve Months Ending Jan 31, 2026 (Thousands USD) | Actual Twelve Months Ended Jan 31, 2025 (Thousands USD) | | :----------------------------------------- | :------------------------------------------ | :------------------------------------- | :------------------------------------------- | :---------------------------------------- | | Net income attributable to G-III Apparel Group, Ltd. | $62,000 - 72,000 | $114,768 | $112,000 - 122,000 | $193,566 | | Excluded from non-GAAP: | | | | | | One-time warehouse related severance expenses | — | 530 | 1,327 | 1,908 | | Asset impairments | — | — | — | 8,195 | | Write-off of deferred financing costs | — | 1,598 | — | 1,598 | | Gain on forgiveness of liabilities | — | — | — | (600) | | Income tax impact of non-GAAP adjustments | — | (610) | (327) | (1,030) | | Non-GAAP net income attributable to G-III Apparel Group, Ltd., as defined | $62,000 - 72,000 | $116,286 | $113,000 - 123,000 | $203,637 | [Reconciliation of Forecasted and Actual GAAP to Non-GAAP Net Income Per Share](index=9&type=section&id=Reconciliation%20of%20Forecasted%20and%20Actual%20GAAP%20to%20Non-GAAP%20Net%20Income%20Per%20Share) This section reconciles forecasted and actual GAAP diluted net income per common share to non-GAAP diluted net income per common share for various periods, including Q3 FY26, Q3 FY25, FY26, and FY25, detailing the per-share impact of non-GAAP adjustments Reconciliation of Forecasted and Actual GAAP Net Income Per Share to Non-GAAP Net Income Per Share | Metric | Forecasted Three Months Ending Oct 31, 2025 ($) | Actual Three Months Ended Oct 31, 2024 ($) | Forecasted Twelve Months Ending Jan 31, 2026 ($) | Actual Twelve Months Ended Jan 31, 2025 ($) | | :----------------------------------------- | :------------------------------------------ | :------------------------------------- | :------------------------------------------- | :---------------------------------------- | | GAAP diluted net income attributable to G-III Apparel Group, Ltd. per common share | $1.43 - 1.63 | $2.55 | $2.53 - 2.73 | $4.20 | | Excluded from non-GAAP: | | | | | | One-time warehouse related severance expenses | — | 0.01 | 0.03 | 0.04 | | Asset impairments | — | — | — | 0.18 | | Write-off of deferred financing costs | — | 0.04 | — | 0.03 | | Gain on forgiveness of liabilities | — | — | — | (0.01) | | Income tax impact of non-GAAP adjustments | — | (0.01) | (0.01) | (0.02) | | Non-GAAP diluted net income attributable to G-III Apparel Group, Ltd. per common share, as defined | $1.43 - 1.63 | $2.59 | $2.55 - 2.75 | $4.42 |

Core Insights - G-III Apparel Group reported a 5% decrease in net sales for Q2 fiscal 2026, totaling $613.3 million compared to $644.8 million in the same quarter last year [4][12] - The company achieved net income of $10.9 million, or $0.25 per diluted share, down from $24.2 million, or $0.53 per diluted share, in the prior year's quarter [4][12] - G-III updated its fiscal 2026 guidance, anticipating net sales of approximately $3.02 billion and net income between $112 million and $122 million [12][10] Financial Performance - Net sales for the second quarter decreased to $613.3 million from $644.8 million year-over-year [4] - Net income for the second quarter was $10.9 million, a decline from $24.2 million in the same period last year [4] - Non-GAAP net income per diluted share was $0.25, down from $0.52 in the prior year [5][26] Balance Sheet Highlights - Total debt significantly decreased by 96% to $15.5 million from $414 million the previous year [8] - Inventories increased by 5% to $639.8 million compared to $610.5 million last year [7] - Cash and cash equivalents were reported at $301.8 million, down from $414.8 million [23] Capital Allocation - The company repurchased 1,140,988 shares for $24.6 million during the second quarter [9][5] - G-III maintains a strong cash position and availability, allowing for continued investment in its brands [5] Outlook - The company anticipates a total incremental tariff cost of approximately $155 million for fiscal 2026, with a remaining unmitigated impact of $75 million primarily in the second half of the year [10] - Fiscal 2026 guidance includes expected net sales of approximately $3.02 billion, down from $3.18 billion in fiscal 2025 [12] - For the third quarter of fiscal 2026, net sales are expected to be around $1.01 billion, compared to $1.09 billion in the previous year [15]

Core Concept - The Fall 2025 campaign and collection of Donna Karan marks the 40th anniversary of the brand, focusing on five icons that embody the brand's enduring femininity [1][12]. Brand Identity - Donna Karan emphasizes a wardrobe that is effortless, sensual, and timeless for women across generations [1]. - The brand aims to empower women to feel comfortable and confident in their skin, allowing them to express their individuality [5]. Campaign Highlights - The campaign features Claudia Schiffer, Irina Shayk, Imaan Hammam, Liya Kebede, and Mariacarla Boscono, showcasing the strength and connection among women [6]. - The creative direction by Trey Laird and photography by Mikael Jansson highlight the complexity and style of contemporary women [10][12]. Collection Details - The Fall 2025 collection reinterprets classic silhouettes with sophisticated fabrics in city shades, including deep brown, chocolate plum, and metallics [7]. - Key pieces include a devoré velvet look, python-effect outerwear, tailored styles, and a showstopping gown of gold paillettes [8]. Accessories and Style - The collection is complemented by sculptural bags, refined footwear, and sleek sunglasses, enhancing the overall relaxed elegance [9]. - Each accessory piece offers a fresh take on timeless style, designed for the rhythm of New York [9]. Marketing Strategy - The campaign will utilize a diversified media mix across North America, including high-visibility digital platforms and premium outdoor displays [12]. - The collection will be available in select retailers and on DonnaKaran.com starting September 3, 2025 [12]. Brand Legacy - Donna Karan's designs celebrate the female form and have evolved to meet the needs of modern women while maintaining the brand's core aspects [11][14]. - The brand, now under G-III Apparel Group, continues to resonate with a broader audience globally [14].

Core Insights - ReGen III Corp. is focused on upcycling used motor oil into high-value Group III base oils, emphasizing its commitment to clean technology and sustainability [1][10]. Group 1: Commercial and Strategic Partnerships - The company has intensified its efforts in establishing offtake and strategic partnerships, prioritizing management engagement through in-person meetings and conferences [2][3]. - Upcoming international engagements include participation in key industry conferences, which are expected to enhance partnership opportunities [3]. Group 2: Intellectual Property and Technical Validation - ReGen III has successfully hosted technical meetings, with third-party product testing yielding results that exceeded expectations [4]. - The company holds a robust patent portfolio, including 38 issued patents and additional applications in Europe and Australia, enhancing its competitive position [4]. Group 3: Leadership Enhancements - To support its growth, ReGen III has strengthened its leadership team by appointing Brad Kotush as CFO and adding Liam Gallacher to the Board of Directors [5]. Group 4: Financing Achievements - The company closed a $1.75 million private placement with significant insider participation, indicating strong confidence in its technology and market potential [6]. Group 5: Investor Relations - ReGen III participated in the OTCQB Venture Virtual Investor Conference and plans to launch a new website to improve investor relations and showcase its sustainable technology [7]. Group 6: CEO Commentary - The CEO highlighted a significant acceleration in discussions regarding offtake and strategic investments, expressing optimism for the upcoming quarter [8]. Group 7: Company Vision and Operations - ReGen III aims to become the largest producer of sustainable, re-refined Group III base oils, with a focus on reducing CO₂e emissions by up to 82% compared to virgin crude oils [10]. - The company is advancing its flagship facility in Texas City, Texas, and exploring additional markets for its patented technology [11][12].

Core Perspective - DKNY has announced a partnership with Hailey Bieber as its new global face, marking a new chapter for the brand that emphasizes New York street style through her unique perspective [1][6]. Brand and Campaign Overview - The collaboration aims to capture Hailey's blend of confidence, creative vision, and style, appealing to a global audience [4]. - The Fall 2025 campaign showcases Hailey's personal style, featuring a mix of reimagined classics from the DKNY est. 1989 capsule and modern silhouettes [5][11]. Style and Aesthetic - The campaign highlights various looks, including structured blazers, relaxed denim, and nostalgic varsity jackets, reflecting a modern take on off-duty style [7][8]. - Key accessories featured include the new Hadlee Bag, The Paula Commuter Tote, and the archival Chana '89 bag, alongside a reimagined New York Yankees™ cap [9]. Marketing and Distribution - The campaign will be launched on DKNY's social channels and will utilize a diverse media mix, including social, digital, outdoor, print, and influencer partnerships [11][12]. - The Fall 2025 collection will be available globally on DKNY.com and in select retailers [12]. Company Background - DKNY, founded in 1989, is synonymous with New York and aims to reflect the city's energy and attitude through its designs [13]. - G-III Apparel Group, the parent company, is a global fashion leader with a portfolio of over 30 brands, including DKNY and others [14].

Group 1 - G-III Apparel Group, Ltd. will release its second quarter fiscal 2026 earnings on September 4, 2025, before the market opens [1] - A conference call will be held at 8:30 a.m. ET on the same day to discuss the results, followed by a Q&A session for the investment community [1] - Participants can register for the call in advance and access it via telephone or live audio webcast [2] Group 2 - G-III Apparel Group is a global fashion leader with expertise in design, sourcing, distribution, and marketing [3] - The company owns and licenses over 30 brands, including ten iconic brands such as DKNY and Donna Karan, and licenses more than 20 sought-after names in global fashion [3]

Group 1 - Donna Karan New York has launched the Cashmere Mist Mini Anti-Perspirant Stick, a travel-ready version of its popular Cashmere Mist Body Collection, designed for women on the go [1] - The new product features a monomaterial canister made entirely from recyclable Polypropylene, emphasizing sustainability and modern luxury [2] - Cashmere Mist fragrance is characterized by a blend of Moroccan Jasmine, Lily of the Valley, and Bergamot, with warm notes of Sandalwood, Amber, and Musk, representing comfort and timeless femininity [3] Group 2 - The Cashmere Mist Mini Anti-Perspirant Deodorant will be available in August 2025 at Nordstrom Rack and Amazon, and at Ulta Beauty at Target in September 2025, priced at $22 for 1 oz (30 g) [4] - Interparfums, Inc. has been operating in the global fragrance business since 1982, producing and distributing a variety of prestige fragrance products under license agreements [4] - Interparfums, Inc. manages its business through two segments: European operations via a 72% owned subsidiary, Interparfums SA, and U.S. operations through wholly owned subsidiaries [4] Group 3 - G-III Apparel Group, Ltd. is a global leader in fashion, owning and licensing over 30 brands, including Donna Karan and DKNY, and differentiating itself across various product categories [6] - G-III Apparel Group's portfolio includes ten iconic brands and licenses over 20 additional brands, showcasing its extensive reach in the fashion industry [6]

Core Viewpoint - ReGen III Corp. has appointed Brad Kotush as Chief Financial Officer to drive the company's next phase of growth in the clean technology sector, specifically in upcycling used motor oil into high-value base oils [1][5][6]. Company Overview - ReGen III Corp. specializes in transforming used motor oil (UMO) into premium Group II and III base oils, utilizing patented ReGen™ technology [13][14]. - The company's process is designed to achieve up to 82% lower CO₂e emissions compared to virgin crude-derived oils, promoting sustainability in the lubricants market [13]. Leadership Transition - Brad Kotush brings over 17 years of experience as a CFO, having previously served at Home Capital Group Inc. and Canaccord Genuity Group Inc., where he significantly contributed to capital market growth and strategic acquisitions [2][3][4]. - Rick Low has stepped down as CFO but will remain in an advisory role for six months to ensure a smooth transition [11]. - Mark Redcliffe will also step away as EVP and Chief Strategy Officer, continuing to support the company in a consulting capacity [12]. Strategic Goals - ReGen III aims to become the world's largest producer of sustainable, re-refined Group III base oils, setting new standards for performance and responsibility in the lubricants market [15]. - The company is evaluating opportunities to deploy its patented technology across various strategic markets, in addition to its flagship facility in Texas City, Texas, which is designed to process 5,600 barrels per day [14].

Core Viewpoint - The article emphasizes the importance of selecting and analyzing high-quality stocks that present favorable risk/reward propositions across various industries and geographies [1]. Group 1: Stock Analysis - The focus is on identifying stocks with great potential for investment, highlighting the need for in-depth financial analysis [1]. - The writer encourages public discourse on long/short equity ideas, suggesting a collaborative approach to investment insights [1]. Group 2: Disclosure and Transparency - The article clarifies that the author has no current stock or derivative positions in the companies mentioned, ensuring transparency in the analysis [2]. - It is noted that the opinions expressed are solely those of the author and not influenced by any compensation from companies mentioned [2].

Core Points - ReGen III Corp. has successfully closed a non-brokered private placement, issuing 8,750,000 Units at a price of $0.20 per Unit, resulting in gross proceeds of $1,750,000 [1][2] Group 1: Private Placement Details - Each Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at an exercise price of $0.45 for two years [2] - Insiders purchased 3,380,000 Units, representing 38.63% of the total Units issued, which translates to approximately 2.51% of the issued common shares post-placement [4] - The net proceeds from the offering are intended for general corporate purposes and working capital, with the offering subject to final approval from the Exchange [3] Group 2: Debt Settlement and Corporate Strategy - The Company has received approval to settle certain debts by issuing 221,972 common shares at a deemed price of $0.2034 per share, with a hold period until November 12, 2025 [10] - The CEO expressed gratitude to shareholders and highlighted the strong insider participation as a sign of confidence in the Company's technology and market potential [6] Group 3: Company Overview and Future Plans - ReGen III specializes in upcycling used motor oil into high-value Group III base oils, aiming to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [11] - The Company has completed FEL2 and value engineering for its Texas recycling facility, positioning itself to become the largest producer of sustainable re-refined Group III base oil [12] - ReGen III has engaged Couloir Capital Ltd. for investor-focused equity research coverage, paying a one-time fee of $45,000 for three reports [7]