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G-III Apparel Group Announces Date for Fourth Quarter and Fiscal Year 2013 Results

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By Business Wirevia The Motley Fool

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G-III Apparel Group Announces Date for Fourth Quarter and Fiscal Year 2013 Results

NEW YORK–(BUSINESS WIRE)– G-III Apparel Group, Ltd. (NAS: GIII) announced today that it will release its fourth quarter and fiscal year 2013 earnings after the market closes on Tuesday, April 2, 2013. Management will host a conference call to discuss results at 4:30 p.m. EDT that same day, followed by a question and answer session for the investment community.

A live webcast of the call can be accessed at ir.g-iii.com in the “Events & Presentations” section. To access the call, dial toll-free 1-877-359-3650 or 1-914-495-8604 (international). The pass code is 18750168.

To listen to a telephonic replay of the conference call, dial toll-free 1-855-859-2056 or 1-404-537-3406 (international) and enter pass code 18750168. The replay will be available beginning at 7:30 p.m. EDT on Tuesday, April 2, 2013 and will last through 11:59 p.m. EDT April 8, 2013. The replay will also be available via webcast at our Company investor relations website.

About G-III Apparel Group, Ltd.

G-III is a leading manufacturer and distributor of outerwear, dresses, sportswear, swimwear, beachwear and women’s suits, as well as handbags and luggage, under licensed brands, our own brands and private label brands. G-III sells luxury swimwear, accessories and resort wear under our own Vilebrequin brand. G-III also sells outerwear and dresses under our own Andrew Marc, Marc New York and Marc Moto brands and has licensed these brands to select third parties in certain product categories. G-III has fashion licenses under the Calvin Klein, Sean John, Kenneth Cole, Cole Haan, Guess?, Jones New York, Jessica Simpson, Vince Camuto, Ivanka Trump, Nine West, Ellen Tracy, Tommy Hilfiger, Kensie, Mac & Jac, Levi’s and Dockers brands and sports licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Touch by Alyssa Milano and more than 100 U.S. colleges and universities. Our other owned brands include Jessica Howard, Eliza J, Black Rivet, G-III, G-III Sports by Carl Banks and Winlit. G-III also operates retail stores under the Wilsons Leather, Vilebrequin, Andrew Marc and CalvinKlein Performance names.

Statements concerning G-III’s business outlook or future economic performance, anticipated revenues, expenses or other financial items; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters are “forward-looking statements” as …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Fox Won't Topple ESPN on Day One, but So What?

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By 24/7 Wall St.

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by Jon Friedman

Fox Sports 1, News Corp.’s new 24-hour television network, doesn’t have to topple ESPN to be a success.

There is enough room in the global sports-TV world to accommodate both media-industry superpowers.

Fox Sports 1 will launch in approximately 90 million U.S. households as opposed to the 99 million on ESPN and ESPN2. Fox Sports 1′s daily 11:00 p.m. Fox Sports Live show will challenge ESPN‘s traditional meal-ticket SportsCenter.

Perhaps Rupert Murdoch‘s greatest triumph, the Fox News Channel – steered brilliantly by Roger Ailes all through these years – has spoiled all of us when we take a critical eye to Fox Sports 1′s prospects. It helps to recall that it took FNC many years to establish itself and still more to surpass Time Warner’s (NYSE: TWX) CNN, which it surely did. Fox News, which holds a stranglehold on the cable news ratings, didn’t dominate the industry overnight. But it has been No. 1 in the ratings for so long that we automatically assume it was born in the top spot.

So, don’t look for Fox Sports 1 to crush ESPN on day one. Or even on day two or three, either. These things take time, you know.

“Our hope is that we can be equally professional” with ESPN, noted David Hill to the members of the media. Hill directed Fox Sports when it debuted two decades ago and will lead the new venture. “It’s going to take us a while,” he conceded. “We’re not expecting to knock ESPN off in the first week or two. It’s going to take two or three years. It will be a slog.”

News Corp.  (NASDAQ: NWSA)will point proudly to its great success in cable news. “But Fox execs conveniently left out its failed attempt in the 1990s to create national sports TV programming, led on-air by then-ESPN refugee Keith Olbermann,” pointed out USA Today Sports.

The narrow-minded members of the media would like us to believe that the smackdown between ESPN, the crown jewel of Walt Disney Co., and Fox Sports 1, Rupert Murdoch‘s new baby, which launches on Aug. 17, will be – or has to be, anyway – some sort of a bloodsport between News Corp and Walt Disney. The two companies will compete furiously – naturally – but there are enough programming opportunities to go around.

We’ll get an idea of News Corp.’s commitment when it bids for the broadcasting rights to show college basketball games. The new Fox entity could also try to acquire the rights to Thursday night National Football League games (though these didn’t exactly set the world on fire last season). Murdoch’s operation may also ultimately attempt to outbid the competition for the National Basketball Association showcase.

A successful launch will boost the stock–market prospects of Fox Sports 1′s parent company. Wall Street relishes splashy new products and likes to reward companies for show is of great ambition. Stock-pickers turn thumbs down on companies that either can’t or won’t launch new ideas. Rupert Murdoch has historically been a maverick …read more
Source: FULL ARTICLE at DailyFinance