 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
G-III Apparel Group Ltd. (GIII) designs, manufactures, and markets womens and mens apparel primarily in the United States.
It provides outerwear, dresses, sportswear, womens suits, and womens performance wear; and accessories, such as luggage, womens handbags, small leather goods, and cold weather accessories.
The company markets its apparel and other products under proprietary brands, including the Andrew Marc, Marc New York, Jessica Howard, Black Rivet, G-III, Eliza J, Marvin Richards, Siena Studio, Winlit, Andrew Marc, Marc New York, Vilebrequin, Black Rivet, G-III, G-III Sports by Carl Banks, and G-III for Her, as well as under various licensed and private label brands. It offers its products to department, specialty, and mass merchant retail stores, as well as upper tier stores and catalogs primarily in the United States, Canada, Europe, and the Far East.
The company also distributes its products through its retail stores; and Wilsons Leather, Andrew Marc, and Vilebrequin Marc Websites. As of January 31, 2013, it operated 218 retail stores, including 145 retail stores operated under the Wilsons Leather name, 4 retail stores under Andrew Marc brand, and 63 Vilebrequin retail stores.
Shares have formed a bullish "cup and handle" going into the company's quarterly report on March 25. We are hearing rumors that the firm will report strong results on Tuesday.
52-Week Trading Range: $36.81 - $77.22
Entry Point: $75.66
Stop Loss: $71.87
Target Price: $83.23
GIII fell below our stop loss. Position closed at $71.00.
