G-III ‘Power Brands’ Bolster Results, But Retail Woes Temper Outlook

Propelled by its wholesale business, which includes a cadre of brands, G-III Apparel Group saw sales gains in the fourth quarter and fiscal year, but a challenging retail environment helped contribute to a loss in the quarter and a resulting tempered outlook. In a Nutshell: G-III Apparel Group, owner of the Donna Karan, DKNY, Vilebrequin,…