{
}
Point72 Asset Management L.P. increased its stake in G-III Apparel Group by 111.7% in Q4, owning 381,126 shares valued at $12.4 million, while Barclays PLC raised its position by 236.4% in Q3, holding 282,661 shares worth $8.6 million. Analysts have mixed ratings on the stock, with Barclays cutting its price target to $25, suggesting a potential downside. G-III Apparel reported a quarterly EPS of $1.27, exceeding estimates, with revenue up 9.8% year-over-year.
Elon Musk expressed optimism about the India-US relationship during a meeting with Indian business leaders at SpaceX's Starbase in Texas, advocating for reduced trade barriers to enhance collaboration, particularly in technology and space exploration. He praised India as a complex and ancient civilization, highlighting the potential for powerful partnerships as the US transitions to a new administration. The event, organized by the India Global Forum, included discussions on opportunities in digital infrastructure and foreign investment to strengthen bilateral ties.
G-III Apparel Group, Ltd. designs, sources, and markets a diverse range of apparel, including outerwear, dresses, and swimwear, alongside women's handbags and accessories. The company operates through wholesale and retail segments, with wholesale sales to retailers and direct consumer sales via company-operated stores and digital channels for brands like DKNY and Karl Lagerfeld Paris.
G-III Apparel Group, Ltd. designs, sources, and distributes a diverse range of apparel products, including outerwear, dresses, and swimwear, along with women's handbags and accessories. The company operates through wholesale and retail segments, selling to retailers and directly to consumers via company-operated stores and digital channels, featuring brands like DKNY and Karl Lagerfeld Paris.
G-III Apparel Group, Ltd.
Companies
| Symbol | GIII |
| Name | G-III Apparel Group, Ltd. |
| Currency | USD |
| Sector | Consumer Discretionary |
| IndustryGroup | Consumer Durables & Apparel |
| Industry | Textiles, Apparel & Luxury Goods |
| Market | NASDAQ Global Select |
| Country | United States |
| State | NY |
| City | New York |
| Zipcode | 10018 |
| Website | http://www.giii.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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