Donna Karan

EconomyPosted by
MarketWatch

Donna Karan parent G-III forecasts an upbeat year with the return of 'wear-to-work' clothing

G-III Apparel Group Ltd. shares jumped 6.5% in Monday premarket trading after the apparel company reported fiscal first quarter earnings that beat expectations and gave upbeat full-year guidance. Net income totaled $26.3 million, or 53 cents per share, after a loss of $39.3 million, or 82 cents per share, last year. Sales totaled $519.9 million, up from $405.1 million last year. The FactSet consensus was for EPS of 15 cents and sales of $463.0 million. "With each passing week, sales for broader lifestyle apparel, such as sportswear, wear-to-work attire and dresses, are accelerating and our overall business in North...
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Beauty & FashionMarketwatch

Donna Karan parent G-III shares rise after earnings beat

G-III Apparel Group Ltd. GIII, +3.38% stock rose 3.6% in Thursday premarket trading after the fashion company reported fourth-quarter earnings that beat expectations. Among G-III's licensed and proprietary brands are Donna Karan and DKNY, Tommy Hilfiger and Karl Lagerfeld. Net income totaled $14.6 million, or 30 cents per share, down from $25.3 million, or 52 cents per share, last year. Sales totaled $526.2 million, down from $754.6 million last year. The FactSet consensus was for EPS of 23 cents and sales of $535.0 million. Fourth-quarter earnings include a 17-cents-per-share loss from the permanent closure of Wilsons Leather and G.H. Bass stores. For the first quarter, G-III expects sales of $460.0 million and EPS of 5 cents to 15 cents. The FactSet consensus is for sales of $502.2 million and a loss of 3 cents per share. G-III stock has gained nearly 600% over the past year while the S&P 500 index.
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Public HealthPage Six

Donna Karan reveals she was hospitalized with COVID-19

Donna Karan revealed during a Zoom fundraiser that she was hospitalized with COVID-19. “I was in the hospital the other day. I have COVID. I experienced it, and one of my biggest things has always been healthcare,” she said on the virtual fundraiser New York mayoral hopeful Ray McGuire on Tuesday. “Where is the care in health care? There is disease care… Who’s caring for the nurses? What I saw in these hospitals is unacceptable.”
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Public HealthPosted by
WWD

Donna Karan Speaks Out About Positive COVID-19 Diagnosis

Donna Karan has revealed she was hospitalized with COVID-19. The fashion designer spoke about her experience with the virus on her Instagram and during the virtual “Women for Ray” fundraiser on Tuesday, which supported New York mayoral candidate Ray McGuire. “I was in the hospital the other day,” she said...
MoviesHollywood Reporter

Donna Karan Hosts Socially Distant Screening Event at East Hampton Home

Donna Karan opened her East Hampton home Thursday night, partnering with Cinema Society to screen a pair of films for bold-faced name friends. Event organizers confirm that it was a safe and socially distant event that drew an intimate guest list including Karan, Christie Brinkley, Jack Brinkley-Cook and girlfriend Nina Agdal, Katie Couric, Padma Lakshmi, Bruce Weber and partner Nan Bush, Nacho Figueras and wife Delfina Blaquier, Stephanie March, Joanna Coles, Jill Rappaport, Daniel Benedict and Cinema Society founder Andrew Saffir.
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