Jupiter Asset Management Ltd. Takes $5.88 Million Position in G-III Apparel Group, LTD. $GIII

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Jupiter Asset Management Ltd. has acquired a new position in G-III Apparel Group, LTD. (NASDAQ:GIII), purchasing 220,889 shares valued at approximately $5.88 million, representing 0.52% of the company’s stock. Other institutional investors have also adjusted their holdings in G-III Apparel Group. The textile manufacturer reported stronger-than-expected earnings for its last quarter and analysts anticipate further EPS growth for the current year.

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