G-III Apparel Group, Ltd. (NASDAQ:GIII) Q2 2024 Earnings Call Transcript

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Dana Telsey: Thank you.

Morris Goldfarb: And Champion, Champion is wholesale. It’s not retail for us. We — believe it or not, our license was just signed, negotiations have been in place for a couple of months. But there was a confidence that — confidence level that we would get there, and there is a complete collection ready to go. And there is excitement that surrounded it. We previewed with some of our customers including Hanes for their own needs for their own global distribution and were applauded for just creating this amazing product with a politically-inspired, athletic-inspired attitude that really doesn’t exist in the form that we created it. And in the timeline, just amazing that this company achieved it. And that goes for everything we’ve done.

There is — where do you get notified that you’re losing half of your business six, seven months ago and you have replaced collections that are applauded the way our new collections have been, that would be Donna Karan, that would be Nautica, that is not yet Halston, but we’re very close to getting Halston ready for market and Champion. That’s not imaginable and this company has achieved it. We’re armed and ready to go with assets that are in our eyes going to replace everything we lose and more efficiently and more profitably.

Dana Telsey: Thank you.

Morris Goldfarb: Thank you. Thank you all. Have a great day.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.

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