G-III Apparel Group (GIII) plans to operate Calvin Klein Performance retail stores in China and...

|About: G-III Apparel Group, LTD. (GIII)|By:, SA News Editor

G-III Apparel Group (GIII) plans to operate Calvin Klein Performance retail stores in China and Hong Kong in partnership with China Ting Group Holdings. The company will own 51% of a joint venture that expects to begin operating retail locations in major Chinese markets later this year. Shares of GIII -4.2% premarket. (Earlier: earnings)