By  on February 4, 2009

A new round of cost-cutting measures at G-III Apparel Group Ltd. will affect employees from the bottom of the payroll on up.

The New York-based outerwear and sportswear marketer said Tuesday it will at least temporarily end its 401(k) matching program and, for the next six months, trim the salaries of top executives in response to what it called “economic uncertainties” in the upcoming year.

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