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.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)