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.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)