By  on September 10, 2008

The acquisitions of Andrew Marc and Wilsons stores lifted revenues at G-III Apparel Group Ltd. in the second quarter, but they also boosted quarterly losses.

For the quarter ended July 29, the net loss at the New York-based outerwear and sportswear firm grew to $3.9 million, or 23 cents a diluted share, from $884,000, or 5 cents a share, in the same period last year. Analysts had expected a loss of 24 cents.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus