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G-III Apparel Group reports increase in Q2 sales and earnings

G-III Apparel Group has reported a 25 percent increase in net sales in the second quarter to 605.2 million dollars. The company reported net income of 36.3 million dollars or 74 cents per diluted share, compared to 19.2 million dollars or 39 cents per diluted share in the prior year’s quarter. Non-GAAP net income per diluted share was 39 cents...