G Iii Apparel Group Ltd /De/ (NASDAQ: GIII)

G-III Apparel Group, Ltd. is a global leader in fashion with expertise in design, sourcing, distribution, and marketing, enabling growth across a portfolio of over 30 globally recognized owned and licensed brands. The company develops products across a diverse range of lifestyle categories including outerwear, dresses, sportswear, suit separates, athleisure, jeans, swimwear, handbags, footwear, small leather goods, cold weather accessories, and luggage. Its brands are positioned to sell at various price points with global distribution across a diverse mix of channels and geographies to reach a broad range of consumers.

G-III Apparel Group, Ltd. generates revenue primarily through the wholesale and retail sale of apparel and related products under its owned and licensed brand portfolios. The company markets its products to approximately 1,500 customers, including national and regional retail chains, specialty stores, and digital platforms such as Macy’s, TJX Companies, Ross Stores, Nordstrom, Amazon, Fanatics, Zalando, and Zappos. Revenue is derived from direct sales to these retailers as well as through company-operated stores and digital platforms for brands like DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, Karl Lagerfeld Paris, G. H. Bass, Wilsons Leather, and Sonia Rykiel.

The company operates through the following segments:

• Owned Brands: This segment includes the company's proprietary fashion brands such as DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, Eliza J, Jessica Howard, Andrew Marc, G. H. Bass, Wilsons Leather, and Sonia Rykiel. These brands are sold across wholesale channels and through company-operated digital platforms and retail stores. Owned brands accounted for approximately 57% of net sales in fiscal 2026, 52% in fiscal 2025, and 47% in fiscal 2024.

• Licensed Brands: This segment involves the design, production, and distribution of products under licensed brand names including Calvin Klein, Tommy Hilfiger, Levi’s, Nautica, Halston, Champion, Converse, BCBG, French Connection, Starter, and major national sports leagues. Sales of licensed products accounted for 43.0% of net sales in fiscal 2026, 48.0% in fiscal 2025, and 53.4% in fiscal 2024. The company manages these licenses through active involvement in design, quality control, advertising, marketing, and distribution to ensure brand integrity and drive incremental royalty income.

G-III Apparel Group, Ltd. holds a strong position within the global fashion industry as a supplier of choice for retailers and a partner to major brand owners, leveraging its best-in-class capabilities in design, sourcing, and supply chain infrastructure. The company competes with other fashion house and licensing entities but differentiates itself through its merchant-driven philosophy, diversified brand portfolio across multiple price points, and proven ability to bring products to market quickly and efficiently. Its long-standing vendor relationships and expertise in navigating global trade dynamics provide a competitive advantage in securing high-quality production at favorable terms.

G-III Apparel Group, Ltd. serves a broad customer base consisting primarily of department, specialty, and mass merchant retail stores in the United States and internationally. Key customers include Macy’s (including Bloomingdale’s and macys.com), TJX Companies, Ross Stores, Nordstrom, Amazon, Fanatics, Zalando, and Zappos. Sales to the ten largest customers accounted for 67.6% of net sales in fiscal 2026, with Macy’s representing 20.6%, TJX Companies 11.4%, and Ross Stores 11.0%. The company also distributes products through its own retail stores and digital channels for owned brands such as DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, and others.