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

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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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