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G-III Apparel Group ups full-year outlook as Q2 sales rise

G-III Apparel Group has upped its full-year guidance after reporting a 9 percent increase in sales but narrowing profits in the second quarter. The group, whose portfolio includes brands Karl Lagerfeld, DKNY, and Donna Karan, generated sales of 659.8 million dollars in the three months ended July 31. That’s compared to sales of 605.2 million...