G-III Apparel Group
December 9, 2011
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G-III Apparel Group surged, gaining 24 percent earlier, the most intraday since April 2009. The clothing manufacturer that boasts licenses with Kenneth Cole and New Hampshire’s Timberland Co., reported third-quarter profit that beat estimates and said it signed an agreement with Calvin Klein Inc. to open women’s clothing stores in the United States and China. Terms of the deal were not disclosed.
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