Preview - Please log in to view full article.

Article Date: April 2021
Word Count: 117

S&P Upgrades G-III Apparel Outlook to Stable

The DKNY and Donna Karen brand owner, which also has a significant league licensed apparel business, sees Standard & Poor’s revise its outlook to stable from negative, based on improving financial results. Despite plunging sales in the pandemic, profitability and free operating cash flow were better than expected and GIII ended last year with leverage of just 1.6x, well ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.