Updates

** Donna Karan parent G-III Apparel Group's GIII.O shares rise as much as 19.3% to $30.25

** Stock set for its best day in six months if gains hold

** GIII sees FY26 adjusted profit above estimates

** Co also beat Q4 revenue, profit estimates; Q4 marks 12th consecutive quarter of EPS beat - data compiled by LSEG

** Sees key owned brands DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin to grow at double-digit rate in FY26

** Says co can mitigate vast majority of impact from U.S. tariffs on China by negotiating partial cost offsets, selective price increases

** However, GIII forecasts annual revenue below estimates

** Including session's moves, GIII down about ~12% YTD

(Reporting by Bageshri Banerjee and Neil J Kanatt in Bengaluru)

((bageshri.banerjee@thomsonreuters.com;))