Donna Karan

G-III Apparel Group, Ltd. Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Provides Fiscal 2025 Outlook

Retrieved on: 
Thursday, March 14, 2024
Retail, Textiles, Manufacturing, Fashion, Growth, DKNY, Acquisition, Karl Lagerfeld, Table, Donna Karan, Bank statement, Earnout, GAAP, Nautica, Halston, Pharmaceutical industry

G-III Apparel Group, Ltd. (NasdaqGS: GIII) today reported results for the fourth quarter and full fiscal year ended January 31, 2024.

Key Points: 
  • G-III Apparel Group, Ltd. (NasdaqGS: GIII) today reported results for the fourth quarter and full fiscal year ended January 31, 2024.
  • Last year’s fourth quarter included a $291.5 million non-cash goodwill impairment charge, net of tax, or $6.19 per share.
  • Non-GAAP net income per diluted share was $0.76 for the fourth quarter compared to $0.41 in the same period last year.
  • This compares to non-GAAP net income of $6.0 million, or $0.13 per diluted share, for the first quarter of fiscal 2024.

INTRODUCING THE CASHMERE COLLECTION, THE FIRST-EVER FRAGRANCE COLLECTION FROM DONNA KARAN NEW YORK

Retrieved on: 
Tuesday, February 13, 2024
WILD, PALO, Neck, Perfumer, Black pepper, Citrus, Sensation, Givaudan, Skin, Nature, System, Labdanum, Character, Gold, Bergamot, Movement, Donna Karan, Perfume

NEW YORK, Feb. 13, 2024 /PRNewswire/ --

Key Points: 
  • For the first time, the brand is introducing a fragrance collection, composed of four Eau de Parfums.
  • The timeless label adds a refined touch, while the Donna Karan logo is debossed on the neck as a subtle detail.
  • Inspired by the drape of a timeless Donna Karan dress, the sleek, dark exterior is asymmetrically spliced with accents of gold.
  • Opening with a sparkling Golden Peach, the fragrance releases an addictive blend of Labdanum and Cashmere Woods – its sensual signature.

DONNA KARAN NEW YORK UNVEILS MAJOR RELAUNCH WITH "IN WOMEN WE TRUST" CAMPAIGN FOR SPRING 2024

Retrieved on: 
Thursday, February 8, 2024
Woman, Liya, Collection, Leibovitz, Heart, Interview, Donna Karan, Female

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In an iconic revival, Donna Karan New York unveils the Spring 2024 campaign—a resounding celebration of the brand's iconic heritage that now marks a new chapter in both legacy and future.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In an iconic revival, Donna Karan New York unveils the Spring 2024 campaign—a resounding celebration of the brand's iconic heritage that now marks a new chapter in both legacy and future.
  • As a testament to Donna Karan's intuitive vision, Spring 2024 fosters a timely conversation that resonates more profoundly than ever before.
  • Donna Karan New York's Spring 2024 campaign and collection invite women to trust in the brand's heritage and embrace the power within.
  • The Donna Karan campaign will roll out starting today on all Donna Karan social channels highlighting these 8 iconic women sharing their individual stories.

DONNA KARAN NEW YORK UNVEILS MAJOR RELAUNCH WITH "IN WOMEN WE TRUST" CAMPAIGN FOR SPRING 2024

Retrieved on: 
Thursday, February 8, 2024
Woman, Liya, Collection, Leibovitz, Heart, Interview, Donna Karan, Female

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In an iconic revival, Donna Karan New York unveils the Spring 2024 campaign—a resounding celebration of the brand's iconic heritage that now marks a new chapter in both legacy and future.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In an iconic revival, Donna Karan New York unveils the Spring 2024 campaign—a resounding celebration of the brand's iconic heritage that now marks a new chapter in both legacy and future.
  • As a testament to Donna Karan's intuitive vision, Spring 2024 fosters a timely conversation that resonates more profoundly than ever before.
  • Donna Karan New York's Spring 2024 campaign and collection invite women to trust in the brand's heritage and embrace the power within.
  • The Donna Karan campaign will roll out starting today on all Donna Karan social channels highlighting these 8 iconic women sharing their individual stories.

G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-year Fiscal 2023 Results

Retrieved on: 
Thursday, March 16, 2023
Manufacturing, Fashion, Other Manufacturing, Textiles, Retail, Acquisition, Table, Authentic Brands Group, Nautica, Donna Karan, EBITDA, DKNY, Name, Bank statement, Environment, GAAP, Growth, G-III, Pharmaceutical industry, Bank, Recycling

G-III Apparel Group, Ltd. (NasdaqGS: GIII), a global fashion leader with expertise in design, sourcing, and manufacturing, today announced operating results for the fourth quarter and full fiscal year ended January 31, 2023.

Key Points: 
  • G-III Apparel Group, Ltd. (NasdaqGS: GIII), a global fashion leader with expertise in design, sourcing, and manufacturing, today announced operating results for the fourth quarter and full fiscal year ended January 31, 2023.
  • We ended fiscal year 2023 in a strong financial position with approximately $750 million in cash and availability.
  • Net sales for the fiscal year ended January 31, 2023 increased 16.6% to $3.23 billion from $2.77 billion in the prior year.
  • Net sales for the fourth quarter ended January 31, 2023 increased 14.2% to $854.4 million from $748.2 million in the prior year’s quarter.

Hans Dorsinville Appointed Senior Vice President, Global Creative, BALMAIN BEAUTY

Retrieved on: 
Tuesday, February 28, 2023
Fashion, Retail, Luxury, Consumer, Other Retail, African American, Donna, Global Creative Leadership Summit, Senior, Laird, NYSE, Collaboration, Executive, Partner, Empowerment, Beauty, Select World Tower, EL, Diversity, Global Brands Group, Collection, Advertising, Couture, Donna Karan, Parsons School of Design, SVP, Multimedia, Designer, EVP, Mercantile Stores Company, Inc., Creative Coalition, DKNY, Dressmaker, Fashion design

BALMAIN announced the appointment of Hans Dorsinville to Senior Vice President (SVP), Global Creative, BALMAIN BEAUTY, effective January 2023.

Key Points: 
  • BALMAIN announced the appointment of Hans Dorsinville to Senior Vice President (SVP), Global Creative, BALMAIN BEAUTY, effective January 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230228006023/en/
    In his position, Hans will work closely with the BALMAIN and BALMAIN BEAUTY teams, including Estée Lauder Companies’ (NYSE: EL) executives Guillaume Jesel, President, Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development, and Nathalie Berger Duquene, Senior Vice President (SVP), Global General Manager, BALMAIN BEAUTY.
  • As SVP, Global Creative, Hans will be responsible for overseeing the full creative spectrum for BALMAIN BEAUTY including image, concepts, strategy, and alignment of brand voice with the fashion house.
  • “We are thrilled that Hans will be taking on this creative leadership role, partnering with Olivier on the creative of BALMAIN BEAUTY.

Capri Holdings Appoints Cedric Wilmotte CEO of Michael Kors

Retrieved on: 
Monday, January 23, 2023
Jewelry, Online Retail, Fashion, Luxury, Retail, Growth, Versace, CPRI, Multimedia, NYSE, Donna Karan, Marc Jacobs, Capri Holdings, Michael Kors, Management

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023.

Key Points: 
  • Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023.
  • Prior to his time at Versace, Mr. Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021.
  • During his tenure as President of Michael Kors EMEA, Mr. Wilmotte was responsible for Michael Kors’ significant growth in the region.
  • John D. Idol, Chairman and Chief Executive Officer of Capri Holdings said, “I am thrilled to welcome Cedric back to the Michael Kors team as our new Chief Executive Officer.

Inter Parfums, Inc. Reports Record 2022 Second Quarter Results

Retrieved on: 
Tuesday, August 9, 2022
Fashion, Cosmetics, Retail, Luxury, Other Retail, Specialty, U.S. Securities and Exchange Commission, Donna Karan, Salvatore Ferragamo S.p.A., Internet, Montblanc, CEO, Investor relations, CFO, Investment, Cosmetics, GUESS, Security (finance), MCM, COVID-19, Acquisition, Form 10-K, Awareness, Risk, Nature, Oscar de la Renta, Inter, Hollister, Boucheron, DKNY, Van Cleef & Arpels, Abercrombie & Fitch, Advertising, Interest, Abercrombie, Kate Spade, Annual report, Fashion, Pharmaceutical industry, Ungaro, Lanvin

MCM, which debuted its first ever scent in the second quarter of last year, has outperformed our best expectations and as of mid-year 2022, ranks third in sales among our U.S. based brands.

Key Points: 
  • MCM, which debuted its first ever scent in the second quarter of last year, has outperformed our best expectations and as of mid-year 2022, ranks third in sales among our U.S. based brands.
  • The Companys regular quarterly cash dividend of $0.50 per share will be paid on September 30, 2022 to shareholders of record on September 15, 2022.
  • Management will conduct a conference call to discuss financial results and business developments at 11:00 AM ET on Wednesday, August 10, 2022.
  • Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.

Inter Parfums, Inc. Closes Agreement to Become the Exclusive Worldwide Fragrance Licensee for Donna Karan and DKNY Brands

Retrieved on: 
Wednesday, July 20, 2022
Luxury, Other Communications, Other Retail, Marketing, Advertising, Communications, Specialty, Fashion, Cosmetics, Retail, National Hockey League, Sonia, Montblanc, G-III, Ungaro, Cosmetics, Kate Spade, DKNY, Federal Security Agency, Boucheron, Securities and Exchange Commission (Philippines), Major League Baseball, CEO, AFL, Calvin Klein, Docker, Forward-looking statement, MCM, Risk, Partnership, University, Hollister, GUESS, COVID-19, Nature, NASDAQ, Abercrombie, All, National Football League, Oscar de la Renta, Security (finance), Donna Karan, Annual report, National Basketball Association, Abercrombie & Fitch, Form 10-K, Van Cleef & Arpels, Perfume, Fashion, Lanvin, Vilebrequin

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has closed its agreement with G-III Apparel Group, Ltd, to become the exclusive worldwide licensee for the Donna Karan and DKNY fragrance brands as of July 1, 2022.

Key Points: 
  • Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has closed its agreement with G-III Apparel Group, Ltd, to become the exclusive worldwide licensee for the Donna Karan and DKNY fragrance brands as of July 1, 2022.
  • Jean Madar, Chairman and Chief Executive Officer of Inter Parfums, Inc., stated, We are excited to complete this transaction with these established and valuable fragrance brands, Donna Karan and DKNY.
  • Also, Donna Karan Cashmere Mist has a strong brand heritage that has consistently ranked as a Top 25 fragrance in the United States.
  • G-IIIs substantial portfolio of more than 30 licensed and proprietary brands is anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld.

Inter Parfums, Inc. Reports Record 2021 Fourth Quarter and Full Year Net Sales

Retrieved on: 
Monday, January 24, 2022
Supply Chain Management, Packaging, Cosmetics, Retail, Luxury, Manufacturing, Other Manufacturing, Income, Nature, Annual report, Oscar de la Renta, Form 10-K, COVID-19, Travel, GUESS, Abercrombie, Risk, Growth, CEO, Boucheron, Moncler, CFO, U.S. Securities and Exchange Commission, History, Van Cleef & Arpels, Abercrombie & Fitch, DKNY, Coach, Sale, Cosmetics, Donna Karan, MCM, Kate Spade, Salvatore Ferragamo S.p.A., Security (finance), Montblanc, Fashion, Lanvin, Ungaro

GUESS became our fourth brand with sales in excess of $100 million, joining Montblanc, Jimmy Choo and Coach.

Key Points: 
  • GUESS became our fourth brand with sales in excess of $100 million, joining Montblanc, Jimmy Choo and Coach.
  • As compared to 2019, Montblancs 2021 sales grew by 7%, Jimmy Choo by 34%, and both Coach and GUESS by 41%.
  • We also welcomed first time sales by our newest brands, notably Kate Spade, MCM, Ferragamo, and Moncler.
  • We are also raising our 2022 guidance and now look for net sales of $975 million resulting in net income per diluted share of $3.00.