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Wilsons and Bass Stores Shed, G-III Forecasts First-Quarter Gains

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With its CEO suggesting potential acquisitions, G-III Apparel Group still posted declines in fourth quarter sales and income.
A DKNY store at the Citadel Outlets in Commerce, Calif.
CREDIT: Ringo Chiu via AP

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With its CEO suggesting potential acquisitions, G-III Apparel Group still posted declines in fourth quarter sales and income. In a Nutshell: G-III Apparel Group Ltd.–with a portfolio anchored by “power brands” DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld Paris–said it has completed the restructuring of its retail operations segment and has permanently…

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