Home New Look 2015 US’ G-III Apparel’s FY26 sales fall 7% to $2.96 bn

US’ G-III Apparel’s FY26 sales fall 7% to $2.96 bn

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G-III Apparel Group has reported net sales of $2.96 billion in FY26, down 7 per cent YoY due to $254 million in lost PVH brand sales.
Net income fell to $67.4 million.
Owned brands posted mid-single-digit growth.
The company expects FY27 sales of about $2.71 billion amid exits from Calvin Klein and Tommy Hilfiger businesses, while focusing on cost savings and margin expansion.G-III Apparel Group has reported net sales of $2.96 billion in FY26, down 7 per cent YoY due to $254 million in lost PVH brand sales.
Net income fell to $67.4 million.
Owned brands posted mid-single-digit growth.
The company expects FY27 sales of about $2.71 billion amid exits from Calvin Klein and Tommy Hilfiger businesses, while focusing on cost savings and margin expansion.