For the first quarter net sales for the New York-based G-III Apparel Group rose 16 per cent. G-III Apparel Group is the company behind DKNY, Donna Karan, Vilebrequin and GH Bass.

The group believes long-term growth opportunities have never been more compelling and it remains focused on capturing market share, driving growth, improving profitability and creating exceptional value for shareholders.

G-III has begun the year with a solid quarter across the board. That gives the company increased confidence in its outlook for the remainder of the year.

In line with its strong sales in the first quarter, G-III has also raised its full year guidance for fiscal 2019. The company now expects net sales to total around 2.97 billion dollars, compared to a previous forecast of approximately 2.94 billion dollars, while net income is now anticipated to be between 112 million dollars and 117 million dollars as opposed to the range of 97 million dollars to 102 million dollars previously reported.

For the second quarter of 2019 ending July 31, 2018, G-III is expecting net sales to reach approximately 590 million dollars and net income/loss to be between a net loss of 3.5 million dollars and net income of 1.5 million dollars.