G-III Apparel, an apparel-maker that licenses brands such as Levi’s, Calvin Klein, Kenneth Cole and dozens of other popular names, saw its shares fall to near four-year lows Monday after a weak earnings report.
The stock fell more than 14 percent, its worst single-day performance since Aug. 30, 2016, when it plunged over 20 percent. The latest drop brought shares of G-III to lows not seen since April 2013.