CORRECTED - CORRECTED-UPDATE 1-G-III Apparel posts narrower-than-expected Q1

(Corrects Q2 revenue forecast in paragraph 5 to $135 million from $113.5 million; changes paragraph 1, first bullet point to reflect correct figure)

* Forecasts Q2 revenue slightly above Street view

* Q1 loss/shr 41 cents narrower than est by 10 cents

* Revenue jumps 54 pct

* Sees Q2 net loss/shr of 28 cents to 32 cents

June 3 (Reuters) - Clothing maker G-III Apparel Group Ltd (GIII.O) posted a narrower-than-expected quarterly loss, helped by strength at its dress and sportswear businesses, and forecast second-quarter revenue slightly above Wall Street estimates.

For the first quarter, the company posted a loss of $6.8 million, or 41 cents a share, compared with a loss of $6.9 million, or 42 cents a share, a year earlier.

Sales rose 54 percent to $115.9 million.

Analysts were expecting a loss of 51 cents a share, before special items, on revenue of $106.4 million, according to Reuters Estimates.