Ranting About G-III Apparel: What We Have to Say!
December 25, 2022
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G-III ($NASDAQ:GIII) Apparel Group Ltd. is a leading manufacturer, distributor and retailer of apparel and accessories in the United States. The company designs, sources, and markets an extensive range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as accessories such as handbags and luggage. This is the subject of our rant! Many of their items are made with cheap materials and don’t last very long.
Additionally, their sizing is often off and runs small. Many customers have reported being disappointed when they received their items only to find that they didn’t fit or weren’t what they expected. Furthermore, G-III Apparel‘s customer service is often lacking. Many customers have complained that their emails have gone unanswered and phone calls have been left unreturned. This has resulted in a lot of frustration for customers who are trying to get their issues resolved in a timely manner. Even though G-III Apparel has some excellent products and has been successful in obtaining licensing deals with major sports leagues, it doesn’t seem to be enough to make up for their shortcomings.
Price History
G-III Apparel, a global leader in designing, manufacturing and marketing apparel, has been receiving mostly positive media coverage recently.
However, on Wednesday, the G-III Apparel stock opened at $13.6 and closed at $13.2, down by 2.1% from its prior closing price of 13.4. This could be seen as a sign of a potential downward trend for this company. Investors will want to keep an eye on G-III Apparel’s future performance to see if it can turn things around. With the current decline, the company’s stock is at risk of further losses and investors should be cautious when considering any purchases. The company has been praised in the past for its innovative designs and quality products. However, the current decline in stock price could indicate that investors may not have as much confidence in G-III Apparel’s ability to continue its success. It’s possible that G-III Apparel’s stock could recover in the future if the company continues to produce quality products and increase its market share. Overall, G-III Apparel has a lot of potential and could be a great investment for those who are willing to take a risk. However, given the current decline in stock price, investors should be wary and only invest if they are confident in the company’s future prospects. Ultimately, only time will tell if G-III Apparel can turn things around and regain the confidence of investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for G-iii Apparel. More…
| Total Revenues | Net Income | Net Margin |
| 3.12k | 176.49 | 5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for G-iii Apparel. More…
| Operations | Investing | Financing |
| -117.92 | -51.51 | -23.44 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for G-iii Apparel. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.29k | 1.67k | 33.36 |
Key Ratios Snapshot
Some of the financial key ratios for G-iii Apparel are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.6% | 1.6% | 9.0% |
| FCF Margin | ROE | ROA |
| -4.4% | 11.0% | 5.3% |
VI Analysis
G-III Apparel is a company that can be easily evaluated by its fundamentals. The VI Star Chart provides a comprehensive overview of the company’s financial performance, allowing investors to assess its long term potential. G-III Apparel shows strong profitability, medium asset, growth and weak dividend. The company also has a high health score of 8/10 when it comes to its cashflows and debt, indicating it is well positioned to survive any potential crisis without the risk of bankruptcy. G-III Apparel is classified as a ‘rhino’ company, meaning it has achieved moderate revenue or earnings growth. Investors looking for a dependable source of income or a moderate amount of capital appreciation may find this type of company attractive. Those with a higher risk appetite may find that G-III Apparel does not provide the upside potential they desire and may wish to look for other investments. It is an ideal choice for investors seeking a dependable source of income or moderate capital appreciation. As long as the company continues to operate in a profitable manner, G-III Apparel is likely to remain an attractive investment option. More…
VI Peers
It is a publicly traded company that competes with other fashion companies such as Genesco Inc, AS Silvano Fashion Group, and Rocky Brands Inc. These companies specialize in producing apparel for men, women, and children. G-III Apparel Group Ltd has maintained a strong presence in the fashion industry by providing high-quality products to consumers.
– Genesco Inc ($NYSE:GCO)
Genesco Inc is a Nashville-based company that specializes in footwear, apparel, and accessories. As of 2022, the company had a market cap of 556.98 million dollars and a Return on Equity of 14.06%. The market cap is the total value of the company based on its share price and the total number of outstanding shares. The Return on Equity (ROE) is a measure of profitability that shows how much of the company’s profits are created from its equity. Genesco’s strong ROE indicates that the company is efficiently using its equity to generate profits and maximize shareholder value.
– AS Silvano Fashion Group ($LTS:0FZD)
Silvano Fashion Group is an Italian clothing company that specializes in the design and production of high-end fashion apparel. The company is well-known for its stylish and classic designs, which have been featured in many fashion magazines and runway shows. As of 2022, the company has a market cap of 39.53M, with a Return on Equity of 22.76%. This indicates that the company is well-managed, as it has been able to generate a significant amount of profits relative to its equity base, making it an attractive investment for potential investors.
– Rocky Brands Inc ($NASDAQ:RCKY)
Rocky Brands Inc is an Ohio-based footwear and apparel company that specializes in outdoor, work, and military footwear, as well as western and athletic footwear. As of 2022, the company has a market cap of 176.13M and a Return on Equity (ROE) of 14.69%. This market cap indicates the total value of the company, which is calculated by multiplying its share price by the total number of outstanding shares. The ROE is a measure of how effectively a company has used its assets to generate profits, and in Rocky Brands’ case, 14.69% suggests that the company is generating a decent return on its equity.
Summary
Investing in G-III Apparel is an appealing option for those looking to diversify their portfolio and capitalize on a lucrative industry. G-III Apparel is a leading designer, manufacturer, and marketer of apparel and accessories under some of the world’s most recognized brands. With a well-established network of retail partners and a strong presence in the global marketplace, G-III Apparel offers investors a unique opportunity to benefit from a company that has remained profitable despite economic downturns. Its products are also available through a variety of e-commerce platforms. G-III Apparel’s future looks particularly promising with its recent move into the e-commerce sector and its partnership with a number of major retailers. The company has also recently expanded into the international market, with China and India being two of its primary target markets.
This will provide investors with exposure to a rapidly growing market with immense potential for revenue growth. G-III Apparel’s strong financial performance, coupled with its strategic investments and partnerships, make it an attractive option for investors. Overall, G-III Apparel is an appealing option for those seeking to invest in a company with a proven track record of success and one that is well positioned to capitalize on future opportunities. Its strong international presence, reliable financial performance, and strong partnerships make it an attractive choice for investors looking to diversify their portfolio.
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