SAN DIEGO, December 30, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistel, LLP (www.JohnsonFistula.com) investigates whether G-III Apparel Group, Ltd. GIII, one of its officers or others has violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they can be recovered under federal securities laws.

What if I bought G-III Apparel common stock? If you have purchased G-III Apparel common stock and suffered significant losses on your investment, join our investigation now:

Click or paste the following web address into your browser to submit your losses:

https://www.johnsonfistel.com/investigations/g-iii-apparel-group-ltd

What does Johnson examine fistula? On December 1, 2022, G-III reported third quarter operating results. Morris Goldfarb, Chairman and CEO of G-III, stated, “Higher inventory levels are a result of our accelerated production calendar, which anticipated longer lead times in the supply chain. Our stock consists of current purchases and is managed by our order book. During the quarter, higher inventories created logistical challenges at our distribution centers. This resulted in significant non-recurring charges in the third quarter that exceeded our expectations and impacted our bottom line by approximately $0.40 per diluted share.”

Following this news, G-III shares fell over 44% on December 1, 2022.

Or contact Jim Baker at for more information jimb@johnsonfistula.com or (619) 814-4471

There are no costs or obligations for you.

What if I have relevant non-public information? Those with nonpublic information about the company should consider cooperating with our investigation or participating in the SEC’s whistleblower program. Under the SEC program, whistleblowers who provide original information may receive rewards of up to thirty percent…