G-III Apparel Group Provides Update Related to COVID-19 Outbreak
G-III Apparel Group, LTD. (GIII)
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am
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Source: Business Wire
— Implements Temporary Reductions in Management Salaries —— Announces Temporary Employee Furloughs — NEW YORK--(BUSINESS WIRE)--G-III Apparel Group, Ltd. (NasdaqGS: GIII) today provided an update on actions the Company is taking in response to the COVID-19 outbreak to strengthen its financial flexibility.Morris Goldfarb, G-III’s Chairman and Chief Executive Officer, said, “Over the years, we have successfully managed through many challenges. What we are navigating through today is unprecedented and rapidly evolving. I am confident in the actions we are taking to strengthen our financial flexibility to position us for future success. The furlough of many of our employees was one of the most difficult decisions we have had to make as an organization and one we did not take lightly. We look forward to bringing our furloughed employees back to work as soon as possible.”The Company announced that, effective March 30, 2020, management voluntarily agreed to temporary reductions in annual
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GIII
Earnings
- 9/5/24 - Beat
GIII
Sec Filings
- 10/31/24 - Form SC
- 9/26/24 - Form 4
- 9/26/24 - Form 144
- GIII's page on the SEC website