G-III Apparel Group, Ltd. announced net sales for the second quarter ended July 31, 2020 decreased 53.8% to $297.2 million from $643.9 million in the same period last year.
The Company reported a net loss for the second quarter of $15.0 million, or $(0.31) per share, compared to net income of $11.1 million, or $0.23 per diluted share, in the prior year’s comparable period.
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