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G-III Apparel lifts full-year earnings guidance despite 9% sales decline

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G-III Apparel lifts full-year earnings guidance despite 9% sales decline


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December 10, 2025

G-III Apparel on Tuesday raised its full-year earnings forecast on the back of better-than-expected earnings in the third quarter, which also saw the U.S. firm’s sales drop 9% to $988.6 million.

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The New York-based firm logged earnings of $80.6 million, or $1.84 per diluted share during the three months ending October 31, compared to $114.8 million, or $2.55 per diluted share, in the prior year’s third quarter.

While profits were lower than the same period last year, the owner of Karl Lagerfeld, Sonia Rykiel, and DKNY brands, “delivered a strong third quarter with gross margins and earnings far exceeding our expectations,” according to  ​said Morris Goldfarb, G-III’s chairman and chief executive officer.

“This was driven by the strength of our go-forward portfolio, particularly our owned brands, as well as a healthy mix of full-price sales and our mitigation efforts against tariffs. I am pleased with how our brands are resonating with consumers and encouraged by the solid demand we have seen throughout the holiday season to date,” continued Goldfarb, who said his company is raising its fiscal 2026 earnings guidance to “reflect our third quarter outperformance tempered by the uncertainties around the consumer environment and tariff-related margin pressures.”

In June, G-III Apparel filed a $250-million lawsuit against PVH Corp., escalating tensions between the two fashion giants with allegations of breached licensing agreements and interference in business relationships. 
  ​
The complaint, filed in New York state court, targets PVH and its Calvin Klein Inc. and Tommy Hilfiger licensing divisions.

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South India yarn steady as rising fibre costs pressure spinners

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South India yarn steady as rising fibre costs pressure spinners



In Mumbai, cotton yarn prices hovered at previous levels as demand showed no signs of improvement. Finer counts of cotton yarn were under greater pressure. A trader from the Mumbai market told Fibre*Fashion, “Spinning mills are feeling more pressure in selling finer counts. The domestic consumer industry has yet to ramp up buying of finer-count cotton yarn for requirements of the upcoming summer season. There was better buying of coarse-count cotton yarn.”

In Mumbai, ** carded yarn of warp and weft varieties were traded at ****;*,****,*** (~$**.****.**) and ****;*,****,*** per * kg (~$**.****.**) (excluding GST), respectively. Other prices include ** combed warp at ****;****** (~$*.***.**) per kg, ** carded weft at ****;*,****,*** (~$**.****.**) per *.* kg, **/** carded warp at ****;****** (~$*.***.**) per kg, **/** carded warp at ****;****** (~$*.***.**) per kg and **/** combed warp at ****;****** (~$*.***.**) per kg, according to trade sources.



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Groz-Beckert to showcase textile innovation at ShanghaiTex 2025

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Groz-Beckert to showcase textile innovation at ShanghaiTex 2025



From December 16 to 19, 2025, the global textile industry will gather at ShanghaiTex at the Shanghai New International Expo Center (SNIEC), where Groz-Beckert will present its latest highlights and innovations across its five product areas – Knitting, Weaving, Nonwovens, Sewing, and Spinning – at Hall N3, Booth A05.

Groz-Beckert will showcase innovations across Knitting, Weaving, Nonwovens, Sewing, and Spinning at ShanghaiTex 2025 from December 16 to 19, 2025.
Highlights include LCmax energy-saving needles, ultra-fine transfer and compound needles, specialised SAN series, advanced reeds and card clothing, high-performance sewing needles, and low-maintenance spinning solutions.

Innovations Across Five Product Divisions

Knitting

In the Circular Knitting segment, the spotlight will be on the LCmax, the next generation of energy-saving needles. Featuring a pioneering wave-shaped shank geometry, LCmax ensures optimal energy efficiency, reduced friction, and ease of handling – delivering maximum performance with minimal energy consumption.

Additionally, the cooperation with machine builder BORGFLY will be presented. Together, a new LCmax needle with an customized hook geometry has been developed. The first prototype of this specialized needle was delivered after just four weeks.

In collaboration with PAILUNG, Groz-Beckert introduces two new knitting systems: a transfer needle and a compound needle.

  • The transfer needle Vo-Spec. 94.41-30 G 0010 sets a new industry benchmark with a needle thickness of just 0.30 mm and a 0.15 mm thin transfer clip, making it the finest of its kind. This precision enables exceptionally reliable loop transfer and opens new creative possibilities for ultra-fine fabrics.
  • The new compound needle offers enhanced productivity, process reliability, and durability – even at high production speeds or when processing demanding yarns.

For applications using staple fiber yarns, the SAN SF staple fiber needle and SNK SF sinker combination reduces contamination and extends cleaning intervals, boosting overall efficiency.

In Flat Knitting, the cooperation with machine builder CIXING will be highlighted, where the durable VOSA-SPEC. 89.60-45 G02 needle has been developed.

In addition, two specialised needles take the stage:

  • The SAN TT, designed for particularly tight loops, ideal for technical and medical textiles.
  • The SAN FY, engineered for processing uneven effect yarns, ensuring flawless fabric appearance even with complex designs.

The Legwear Segment will showcase dur needles, known for their extreme durability and precision in fine hosiery production. Complementing these are new system parts, including toe-closing components that guarantee uniform loop transfer and perfect fabric finish.

In Warp Knitting, Groz-Beckert presents its expanding module range and an innovative guide needle for Piezo-Jacquard machines, setting new standards in precision, stability, and efficiency for loop formation.

Weaving

Groz-Beckert’s Weaving division will demonstrate how precision and reliability in preparation and accessories can elevate fabric production quality and efficiency.

The portfolio includes heald frames, healds, warp stop motions, drop wires, and reeds, all compatible with major weaving machines and tailored to the diverse requirements of fashion, home, and technical textiles. Special focus will be on Groz-Beckert reeds, valued for their technical precision and versatility. Whether in high-speed production or complex technical fabric manufacturing, these reeds ensure perfect thread guidance and flawless results.

Nonwovens

In Nonwovens, Groz-Beckert showcases advanced solutions for both traditional needling and carding applications.

Focusing on the card clothing sector, the product area presents its innovations from the Groz-Beckert InLine family:,The SiroLock plus worker and doffer wires. Their special geometry enhances machine availability and ensures consistently high carding quality across nonwoven production processes.

Sewing

The Sewing division highlights their special application needles, tailored to meet the demands of advanced sewing applications:

  • SAN 5.2 – for technical textiles such as airbags, offering greater stability and secure loop pick-up.
  • SAN 6 – ideal for woven fabrics like denim, with enhanced durability through GEBEDUR coating.
  • SAN 10 and SAN 10 XS – designed for fine knits and delicate materials requiring precise stitching.
  • Litespeed – the latest innovation, developed for high-speed or dense material sewing where needle heat buildup is critical. Its geometry reduces friction and heat, ensuring smoother processes.
  • MR needle – suitable for multidirectional sewing operations offering consistent performance across changing stitch directions.
  • DBxK5 SAN 1 – designed for embroidery on hard and sturdy materials ensuring reliable performance and clean embroidery results.

Spinning

For the Spinning industry, Groz-Beckert introduces a maintenance-free cylinder wire designed for longer service life and reduced maintenance costs. Further innovations include enhanced revolving tops optimised for fine yarn processing and stationary flats featuring a robust new aluminium profile – ensuring precision, durability, and reliability in every stage of the spinning process.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (HU)



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US’ Centric Brands acquires Vingino to boost global kidswear growth

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US’ Centric Brands acquires Vingino to boost global kidswear growth



Centric Brands LLC (the Company), a leading global lifestyle brand collective, announced the acquisition of the Vingino Group, an international children’s fashion lifestyle brand known for its innovative product and design. Through this acquisition, Centric will leverage Vingino’s operational and design infrastructure, benefiting from their extensive retail relationships across Europe, Central American and South America, and best-in-class merchandising capabilities to help expand Centric’s Kids international business.

Founded in 2001 by Marijke van Beek and Bennie Dekker, Vingino is a denim-focused multi-category global brand, based in the Netherlands, offering fashion for all ages—from baby to adult. The brand is rooted in quality craftsmanship and enduring style.

Centric Brands has acquired the Vingino Group, a Netherlands-based children’s fashion lifestyle brand known for denim and multi-category design.
The deal strengthens Centric’s international Kids platform by leveraging Vingino’s sourcing, design and retail networks across Europe and the Americas.
Both companies said the partnership will accelerate global growth and expand brand reach.

“Vingino’s design and sourcing strength coupled with their EU and Central and South American networks and relationships fit perfectly into our global growth strategy. We look forward to working closely with the Vingino team as an integral partner to strengthen and scale our international Kids platform,” said Jason Rabin, Chief Executive Officer, Centric Brands.

“We are proud to join the Centric Brands group and are looking forward to a new chapter in our business,” said Jan van den Berg, Chief Executive Officer, Vingino. “With Centric’s scale, expertise, and shared commitment to creativity and quality, we are excited to grow the Vingino brand.”

The acquisition marks a significant milestone for both companies and underscores Centric Brands’ ongoing commitment to building a diversified, global portfolio.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



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