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G-III Plans to Trim Store Count While Growing DKNY and Lagerfeld Brands

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G-III Apparel Group is on an aggressive path to substantially trim its company-owned store bases, while focusing more intently on its hot brands–Donna Karen and DKNY, and Karl Lagerfeld. Morris Goldfarb, chairman and CEO of G-III, said on a call with analysts that at the end of fiscal 2019 on Jan. 31, the company had…

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