G-III Apparel Group, Ltd. Announces China Joint Venture for Launch of Women’s Calvin Klein Performance Retail Stores in China and Hong Kong

(BUSINESS WIRE) -- G-III Apparel Group, Ltd. (nasdaqgs:GIII) today announced that it has entered into a joint venture agreement with China Ting Group Holdings Limited to open and operate Calvin Klein Performance retail stores in China and Hong Kong, under the Calvin Klein Performance store license previously granted to G-III by Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. /quotes/zigman/5785329/quotes/nls/pvh PVH +0.22% Morris Goldfarb, Chairman and Chief Executive Officer of G-III Apparel Group, commented, “As the pre-eminent global fashion brand, Calvin Klein is well positioned for further success in the Performance Apparel arena. With strong relationships and