Shares of G-III Apparel Underperformed its Peers in the Apparel, Accessories & Luxury Industry (GIII, VRA, RL, MOV, HBI)

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Dec 13, 2012 (Fast Lane via COMTEX) -- Analysis was conducted on the Apparel, Accessories & Luxury industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. G-III Apparel (NASDAQ:GIII) ranks first with a loss of 6.25%; Vera Bradley (NYSE:VRA) ranks second with a loss of 3.13%; and Polo Ralph Lauren (NYSE:RL) ranks third with a loss of 2.37%.

Movado (NYSE:MOV) follows with a loss of 2.32% and Hanesbrands (NYSE:HBI) rounds out the bottom five with a loss of 1.67%.G-III Apparel Group, Ltd. manufactures and distributes leather and non-leather outerwear apparel. The Company has fashion licenses with Kenneth Cole, Jones Apparel Group, Cole Haan, and Timberland. GIII own labels GIII, Siena Studio, Colebrook & Co, JLC, JL Colebrook, and ColeB. G-III also has licensing agreements with the NFL, NHL, NBA, and MLB.


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