By  on September 6, 2019

Investors dove into fashion stocks Thursday, shrugging off new warnings that the U.S.-China trade war is exacting a financial toll and betting that Beijing and Washington are finally ready to work things out with a new round of trade talks next month.

G-III Apparel, which owns DKNY and has the license for several Calvin Klein products, was one of the day’s biggest winners, with its stock jumping 27 percent to close at $23.84 despite revealing earlier in the day that new tariffs would cost it $12 million.

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