NEW YORK — G-III Apparel Group Ltd. on Thursday posted second-quarter profits that nearly quintupled.

For the three months ended July 31, net income rose 372 percent to $2.7 million, or 37 cents a diluted share, versus $576,000, or 8 cents, in the year-ago quarter. Sales rose 13.2 percent to $45.3 million from $40 million.

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