1009 ET - G-III Apparel is rushing to ship orders from China while the trade truce holds. The company behind fashion brands DKNY and Karl Lagerfeld says it is accelerating shipments of as many products as it can, ahead of when the Trump administration plans to review its 90-day pause for most tariffs on imports of Chinese goods. "As far as inventory levels, I'd say if we wind up with a deluge of inventory that we're able to receive in Q2, that looks like it's a negative, but it's an absolute positive. We've gotten out of the way and we own the inventory," CEO Morris Goldfarb says on a call with analysts. G-III ended the recent quarter with inventory down 5% from last year, noting it continues to tightly manage inventories and stay disciplined in its buying.(connor.hart@wsj.com)
(END) Dow Jones Newswires
June 06, 2025 10:09 ET (14:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。