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

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)
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