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Business

G-III raises fiscal 2025 profit guidance

G-III Apparel Group reported net sales for the second quarter decreased 2 percent to 644.8 million dollars. Net income for the quarter rose to 24.2 million dollars or 53 cents and non-GAAP net income per diluted share increased to 52 cents. The company expects 2025 net sales to increase by approximately 3 percent to 3.20 billion dollars, net...

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