G-III (GIII, Financial) designs, sources and markets apparel across a variety of licensed and private-label brands, including DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld Paris. Based in New York, the company has benefited from the resur-gence of retail sales. It reported solid results in its most recent fiscal quarter, with net sales up 63% and earnings of $19 million compared to a loss of $15 million in the year-ago quarter. The company also raised its guidance for the fiscal year ending in January.
From First Eagle High Income Fund's third-quarter 2021 commentary.
