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United States

Profile: G-III Apparel Group Ltd (GIII.OQ)

GIII.OQ on NASDAQ Stock Exchange Global Select Market

50.16USD
22 Jul 2016
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G-III Apparel Group, Ltd. (G-III), incorporated on October 17, 1989, designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations and retail operations. Its apparel products include outerwear, dresses, sportswear, swimwear, women's suits and women's performance wear, as well as women's handbags, footwear, small leather goods, cold weather accessories and luggage. The Company sells products under its own brands, including Vilebrequin, G.H. Bass, Bass, Andrew Marc and Marc New York; licensed brands, and private retail labels. Its products are sold through retailers, such as Macy's, Bloomingdale's, Nordstrom, Lord & Taylor, Dillard's, The Bon-Ton Stores, Saks Fifth Avenue and JC Penney.

Wholesale operations

The wholesale operations segment mainly consists of the Company's licensed products and non-licensed products and includes sales of products under brands licensed by the Company from third parties, as well as sales of products under the Company's own brands and private label brands. G-III's licensed apparel consists of both women's and men's products in a range of categories. Its sells licensed brands, including Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, Kenneth Cole, Guess?, Levi's and Cole Haan. In its team sports business, G-III has licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Touch by Alyssa Milano, Hands High and approximately 100 United States colleges and universities.

The Company's brands include G-III Sports by Carl Banks, Eliza J, Jessica Howard and Black Rivet. It also offers brand, Vilebrequin, which is a provider of swimwear, resort wear and related accessories. Vilebrequin sells its products in approximately 50 countries around the world. Vilebrequin products are distributed through approximately 80 Company's owned stores, as well as through over 60 franchise partner locations and select wholesale distribution. Vilebrequin has also licensed its brand for the wholesale distribution of footwear. It sells G.H. Bass footwear, apparel and accessories primarily through G.H. Bass outlet stores located in the United States and through licensees. Through its brands, Andrew Marc and Marc New York, it offers a line of women's and men's outerwear and apparel.

Retail Operations

The retail operations segment consists primarily of the Wilsons Leather and G.H. Bass stores, as well as a limited number of Calvin Klein Performance stores. The Company also distributes apparel and other products through its own retail stores. The retail operations segment consists of approximately 370 retail stores in over 40 states and Puerto Rico, of which approximately 200 stores operates under the Wilsons Leather name, over 160 stores operates under its G.H. Bass brand and over five stores operates under the licensed Calvin Klein Performance brand. Its Wilsons Leather retail stores primarily sell men's and women's outerwear and accessories. Bass stores offer casual and dress shoes for men and women. Its Bass stores also carries apparel for men and women, including tops, bottoms and outerwear, as well as accessories, such as handbags, wallets, belts and travel gear. It sells Bass products primarily through outlet stores located in the United States. It also licenses the Bass brand for the wholesale distribution of men's and women's footwear, men's sportswear and men's and boy's tailored clothing.

Company Address

G-III Apparel Group Ltd

512 Fashion Ave
NEW YORK   NY   10018-4603
P: +1212.6298830
F: +1212.4030551

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