• Home
  • Tags
  • DKNY

DKNY news and archive

Business

G-III Apparel Group reports Q2 net income of 19.2 million dollars

G-III Apparel Group, Ltd. said net sales for the second quarter ended July 31, 2021 increased 62.5 percent to 483.1 million dollars. The company reported net income for the second quarter of 19.2 million dollars or 39 cents per diluted share compared to a net loss of 15 million dollars or loss of 31 cents per share, in the prior year’s quarter....

loading...

BusinessFeatured

G-III Apparel Q1 net sales up 28 percent, swings to profit

US fashion group G-III Apparel has reported a 28.3 percent increase in net sales for the first quarter of the year, beating analysts’ estimates as it swung to a profit. For the three months to April 30, net sales increased to 519.9 million dollars from 405.1 million dollars a year earlier when the pandemic was in full swing and when a large...

loading...

Business

G-III Apparel Group reports 26.7 percent drop in Q3 sales

G-III Apparel Group has reported a 26.7 percent decrease in net sales for the third quarter of the year. For the three months to October 31, the company’s net sales fell to 826.6 million dollars from 1.13 billion dollars in the same period last year. The group said it now expects net sales to decline approximately 30 percent in the fourth...

loading...

Business

G-III Apparel Group posts Q1 net loss of 39.3 million dollars

For its first quarter, G-III Apparel Group, Ltd. said net sales decreased 36.1 percent to 405.1 million dollars from 633.6 million dollars in the same period last year. The company reported GAAP net loss of 39.3 million dollars or 82 cents per share, compared to net income of 12 million dollars or 24 cents per diluted share, in the prior year’s...

loading...

Business|INTERVIEW Featured

Marchon Eyewear: exceeding objectives and expanding licences

Recent months have been busy for United States-based manufacturer and distributor of eyewear and sunglasses, Marchon Eyewear as it renewed several licences and expanded its portfolio by signing a licensing agreement with both DKNY and Donna Karan New York. According to Nicola Zotta, President and Chief Executive Officer of Marchon has exceeded...

loading...

Fashion

Marchon Eyewear signs license agreement with DKNY and Donna Karan New York

Marchon Eyewear and G-III Apparel Group Ltd have entered a long-term, exclusive licensing agreement to manufacture and distribute eyewear for the brands DKNY and Donna Karan New York. The agreement encompasses both sun and optical eyewear. DKNY glasses will hit department stores, specialty stores and premium optical retailers worldwide by March...

loading...

Fashion

Donna Karan & DKNY ​to ​go Fur-Free from ​F​all 2019

London - DKNY and Donna Karan are the latest fashion brands to grow an ever-growing list of labels who have shunned the animal-derived material for good in favor of ethical alternatives. Morris Goldfarb, CEO of G-III, parent company of DKNY and Donna Karan, announced that both brands will be going fur-free in 2019 as a result of the company’s...

loading...

Business

G-III Apparel and PVH sign license agreement for DKNY menswear

G-III Apparel Group has entered into a multi-year license agreement with PVH Corp, under which PVH will design and distribute menswear for the DKNY brand in the United States and Canada. The company said, license agreement includes DKNY Sport for men, a new category for the brand. In addition, PVH has licensed rights for men's sportswear, dress...

loading...

Fashion

DKNY cancels show for NYFW

​ Alongside designers such as Tommy Hilfiger and Tom Ford, DKNY has decided not to show in New York for fashion week this year. However, instead of merging to Los Angeles like fellow designers, the fashion house is planning to skip having a show at all. The show was scheduled originally on February 15 as part of New York Fashion Week. As...

loading...

Fashion Featured

Was 2016 the year of modest fashion movement?

On one hand, the year 2016 invited several positive and negative opinions on the role of religion versus personal choice of clothing post France’s burkini ban furore. On the other, New York Fashion Week debuted a show by Indonesian designer Anniesa Hasibuan featuring a hijab through its every look on the runway. Around the same time, a...

loading...

BusinessFeatured

DKNY bids farewell to co-Creative Directors and CEO under new owner

London - Change is underfoot again at Donna Karan International. The same day that G-III Apparel Group completed its acquisition of Donna Karan International, parent company of Donna Karan and DKNY brands, comes news that designers Dao-Yi Chow and Maxwell Osborne, creative directors of DKNY are leaving the company. In addition, chief executive...

loading...

BusinessFeatured

LVMH sells Donna Karan brands to G-III Apparell

Donna Karan, once the go-to-label for dressing the modern working woman, has been sold by parent company LVMH to New York-based G-III Apparel Group Ltd for the sum of 650 million dollars. Both the Donna Karan and DKNY brands will be sold off when the transaction is completed in early 2017. Antonio Belloni, managing director of LVMH said in a...

loading...