G-III Apparel (GIII)

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G-III Apparel Group Announces Date for Fourth Quarter and Full Year Fiscal 2025 Results
GlobeNewswire· 2025-03-06 12:00
NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NASDAQ: GIII) a global fashion leader with expertise in design, sourcing, and marketing, today announced that it will release its fourth quarter and full year fiscal 2025 earnings before the market opens on Thursday, March 13, 2025. Management will host a conference call to discuss results at 8:30 a.m. ET that same day, followed by a question and answer session for the investment community. To participate via telephone, please register ...
G-III Apparel Group Is Worth Trying On
Seeking Alpha· 2025-03-02 19:04
Group 1 - The retail space, particularly in clothing and accessories, is generally viewed unfavorably by the company, but occasionally, attractive investment opportunities are identified [1] - Crude Value Insights specializes in oil and natural gas investments, focusing on cash flow generation and identifying companies with value and growth potential [1] Group 2 - Subscribers have access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment opportunities [3]
DONNA KARAN CASHMERE MIST INTRODUCES A NEW CHAPTER FOR SPRING 2025, FEATURING IMAAN HAMMAM IN A CAPTIVATING CAMPAIGN
Prnewswire· 2025-02-28 14:01
Core Insights - Donna Karan New York is relaunching its iconic Cashmere Mist Eau de Parfum with a new campaign featuring supermodel Imaan Hammam, aiming to connect with modern women [1][2] - The fragrance, originally launched in 1994, is celebrated for its luxurious feel and timeless appeal, continuing to attract consumers after three decades [2][7] Campaign Details - The campaign is inspired by the original tagline "A fragrance to seduce the senses" and showcases Hammam's elegance in the Stockholm Archipelago, where the original campaign was shot [4][5] - The imagery is shot in black and white, emphasizing the minimalist beauty of both Hammam and the fragrance [5] Fragrance Composition - Cashmere Mist features top notes of Italian Bergamot, Lily of the Valley, and Orchid Flowers, with middle notes of Heliotrope, Moroccan Jasmine, and Ylang Ylang, and base notes including Sandalwood, Amber, Vanilla, Cedarwood, Patchouli, and Suede Accord [6][7] Product Information - The Eau de Parfum is available in three sizes: 3.4oz for $130, 1.7oz for $107, and 1.0oz for $78 [9] Company Background - Inter Parfums, Inc. has been operating in the global fragrance business since 1982, managing a diverse portfolio of prestige brands and distributing products in over 120 countries [11][12] - G-III Apparel Group, Ltd. owns and licenses a portfolio of over 30 brands, including Donna Karan, and is recognized for its expertise in fashion design and marketing [13]
DKNY Unveils Spring 2025 Campaign Featuring Lila Moss Celebrating the Films of New York City
GlobeNewswire· 2025-02-13 14:00
Core Concept - DKNY's Spring 2025 Campaign shifts focus from literature to cinema, featuring Lila Moss as the new global face of the brand, inspired by iconic films shot in New York City [1][2][3] Brand and Campaign Overview - The campaign highlights the vibrant backdrop of New York City, showcasing both the city and Lila Moss as central characters, allowing her to embody various roles [2] - Lila Moss, as a rising star and daughter of Kate Moss, brings a fresh energy and individuality that aligns with DKNY's blend of timeless style and modern relevance [3] - The campaign is shot by Mikael Jansson and features the "DKNY est. 1989" collection, which revisits and reinterprets iconic pieces from the brand's archive in a contemporary manner [4] Marketing Strategy - The Spring 2025 Campaign emphasizes DKNY's commitment to creativity, authenticity, and accessibility, launching globally through a diverse media mix including social, digital, outdoor, and influencer partnerships [5] - The collection is available worldwide on DKNY.com and in select retailers, reinforcing the brand's global presence [6] Company Background - DKNY, founded in 1989, is synonymous with New York, drawing inspiration from the city's energy and attitude, and has evolved into a global lifestyle powerhouse [6] - G-III Apparel Group, the parent company, owns and licenses over 30 brands, including DKNY, and is recognized for its expertise in design, sourcing, and marketing [7]
Donna Karan New York Unveils Iconic Kate Moss in the "Multi-Faceted Woman" Spring 25 Campaign
Newsfilter· 2025-02-06 14:00
Core Perspective - Donna Karan New York is enhancing its brand identity by featuring Kate Moss in the Spring 2025 Campaign, emphasizing timelessness and the brand's enduring spirit [1][4]. Campaign Overview - The Spring 2025 Campaign builds on the previous campaigns' legacy, showcasing Kate Moss in a multi-faceted portrayal that reflects her sensuality and strength [2]. - The campaign is photographed by Craig McDean, highlighting the collection in a serene, light-filled environment that embodies warmth and natural elegance [2]. Collection Highlights - The collection features timeless and chic designs, including a black blazer with a halter neckline and a draped ecru dress, allowing wearers to express sexiness, edge, and ease [3]. - Key pieces include a linen suit and slouchy knits with lurex, showcasing a monochromatic palette enhanced by shimmering surface treatments [3]. Marketing Strategy - The campaign launches across all Donna Karan social channels and employs a 360-degree marketing approach in North America, utilizing digital platforms, print placements, and outdoor displays [5]. - The Spring 2025 collection will be available in select retailers and on DonnaKaran.com starting February 6, 2025 [5]. Company Background - G-III Apparel Group, Ltd. is a global leader in fashion, owning and licensing over 30 brands, including Donna Karan, and is known for its expertise in design, sourcing, and marketing [7].
Donna Karan New York Unveils Iconic Kate Moss in the “Multi-Faceted Woman” Spring 25 Campaign
GlobeNewswire· 2025-02-06 14:00
NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Donna Karan New York expands its vision of iconic timelessness by featuring Kate Moss for the Spring 2025 Campaign. A legend who has captivated the world over decades, Moss embodies the enduring spirit and identity of the brand today. Since the re-launch of Donna Karan New York last spring, the previous two campaigns showcased eight leading models as a cross-generational portrait accompanied by the message, “In Women We Trust.” The new campaign builds upon this l ...
ReGen III Announces Participation at the 29th ICIS World Base Oils and Lubricants Conference
Newsfile· 2025-02-03 21:15
Company Overview - ReGen III Corp. is a leading clean technology company focused on upcycling used motor oil (UMO) into high-value Group III base oils [1][4] - The company aims to become the world's largest producer of sustainable re-refined Group III base oil, operating in an underserved segment of the base oil market [6] Conference Participation - The CEO of ReGen III, Tony Weatherill, will attend the 29th ICIS World Base Oils and Lubricants Conference from February 12-14, 2025, in London, UK [1] - The ICIS Conference is a significant event in the lubricants industry, attracting over 450 delegates and more than 50 expert speakers [2] Industry Focus - The conference will emphasize emerging technologies and sustainability, covering topics such as re-refined base oils (RRBOs), sustainable lubricants, green refineries, product carbon footprint, and engine decarbonization [2] - ReGen III's participation highlights the company's commitment to discussing the future of the industry and collaborating on sustainable solutions [3] Environmental Impact - The ReGen™ process developed by ReGen III is expected to reduce CO2e emissions by 82% compared to virgin crude-derived base oils combusted at end of life [4]
GIII Trades Above 50 & 200-Day SMAs: A Smart Investment Opportunity?
ZACKS· 2025-01-29 13:16
Core Insights - G-III Apparel Group, Ltd. (GIII) is experiencing strong upward momentum, trading above its 50 and 200-day simple moving averages, indicating positive market sentiment and investor confidence in its financial stability and growth potential [1][2]. Stock Performance - The company closed at $32.37, above its 50-day SMA of $31.90 and 200-day SMA of $29.22, reflecting a continued uptrend [2]. - GIII's stock is currently 10.5% below its 52-week high of $36.18, reached on December 13, 2024, with a 19.7% gain over the past six months compared to the Zacks Textile - Apparel industry's 30.1% growth [3]. Brand Performance - G-III's strategic focus on brand expansion has led to significant growth for key brands such as DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin, contributing to higher sales and improved gross margins [4]. - DKNY achieved over 30% year-over-year sales growth in the fiscal third quarter, driven by strong wholesale demand and an expanded retail presence [7]. - Donna Karan's relaunch has exceeded expectations, with double-digit growth in retail sales and plans to expand its retail presence from 1,200 to 1,600 locations by spring 2025, with long-term sales potential exceeding $1 billion [8]. Global Expansion - G-III is prioritizing international expansion, particularly in Europe, through partnerships that are unlocking new growth opportunities [9]. - The company's brands are making notable progress in international markets, supported by targeted marketing and enhanced distribution strategies [10]. Retail Segment Transformation - G-III's retail segment reported net sales of $42.3 million for the fiscal third quarter, up from $32.7 million in the prior year, despite the closure of seven stores [11]. - Management projects the retail segment to break even in fiscal 2025 and achieve profitability in fiscal 2026, marking its first profitable year in a decade [12]. Earnings Estimates - Analysts have revised the Zacks Consensus Estimate for G-III's earnings per share upward by 15 cents to $4.16 for the current fiscal year, indicating year-over-year growth of 3% [13]. - The consensus estimate for sales is projected at $3.15 billion for the current year and $3.25 billion for the next year, reflecting year-over-year growth of 1.7% and 3.2%, respectively [14].
GIII Stock Dips 13% From Its 52-Week High: Is Now the Time to Invest?
ZACKS· 2025-01-16 12:01
Core Viewpoint - G-III Apparel Group, Ltd. (GIII) is experiencing a positive trajectory in its stock performance and brand growth, driven by strategic global expansion and a strong brand portfolio, positioning it favorably in the market [1][20]. Stock Performance - GIII shares are currently trading 13.1% below their 52-week high of $36.18, reached on December 13, 2024, with a 19% gain over the past six months, compared to a 20% growth in the Zacks Textile - Apparel industry [1][2]. - The stock closed at $31.44, above its 100-day and 200-day simple moving averages of $30.90 and $29.08, indicating a continued uptrend [4][6]. Brand Portfolio and Growth - GIII's owned brands, including DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin, have shown significant growth, particularly in the third quarter of fiscal 2025, contributing to higher sales and gross margins [7][10]. - DKNY achieved over 30% year-over-year sales growth in the third quarter, driven by strong wholesale demand and expanded distribution [8]. - Donna Karan's relaunch exceeded expectations, with double-digit growth in retail sales and plans to expand its retail footprint from 900 to 1,600 locations by spring 2025, with long-term sales potential exceeding $1 billion [9]. Global Expansion Strategy - G-III is prioritizing global expansion, especially in Europe, leveraging its partnership with AWWG to enhance operations and brand presence [10][11]. - The company is focusing on enhancing retail partnerships and marketing efforts to boost international sales for its brands [11]. Retail Transformation - G-III's retail division reported net sales of $42.3 million in the third quarter, up from $32.7 million year-over-year, despite the closure of seven stores [12]. - The retail segment is projected to break even in fiscal 2025 and achieve profitability in fiscal 2026, marking a significant turnaround [13]. Financial Outlook - G-III projects net sales of $3.15 billion for fiscal 2025, reflecting a 2% year-over-year growth, with owned brands expected to account for 70% of total sales [14]. - The company anticipates adjusted net income between $186 million and $191 million, with adjusted earnings per share forecasted between $4.10 and $4.20 [15]. Earnings Estimates - Analysts have revised the Zacks Consensus Estimate for G-III's earnings per share upward by 15 cents to $4.16 for the current fiscal year, indicating a year-over-year growth of 3% [17]. - The consensus estimate for sales is projected at $3.15 billion for the current year and $3.25 billion for the next year, reflecting growth rates of 1.7% and 3.2%, respectively [18].
G-III Apparel (GIII) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-09 18:01
Core Viewpoint - G-III Apparel Group (GIII) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in a company's earnings picture, which is crucial for near-term stock price movements [2][3]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to stock price movements based on their buying or selling actions [3]. Business Improvement Indicators - The increase in earnings estimates for G-III Apparel indicates an improvement in the company's underlying business, which is expected to positively influence its stock price [4]. - G-III Apparel is projected to earn $4.16 per share for the fiscal year ending January 2025, reflecting a year-over-year increase of 3% [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - The upgrade of G-III Apparel to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for near-term price appreciation [9].