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G Iii Apparel Group Ltd  (GIII)
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Price: $26.3400 $0.15 0.573%
Day's High: $26.91 Week Perf: -13.3 %
Day's Low: $ 25.51 30 Day Perf: -17.92 %
Volume (M): 1,255 52 Wk High: $ 35.68
Volume (M$): $ 33,051 52 Wk Avg: $23.80
Open: $26.17 52 Wk Low: $13.73



 Market Capitalization (Millions $) 1,226
 Shares Outstanding (Millions) 47
 Employees 7,693
 Revenues (TTM) (Millions $) 1,289
 Net Income (TTM) (Millions $) -115
 Cash Flow (TTM) (Millions $) 47
 Capital Exp. (TTM) (Millions $) 22

G Iii Apparel Group Ltd

G-III designs, manufactures and markets an extensive range of apparel, including 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. We sell our products under our own proprietary brands, licensed brands and private retail labels.

G-III sells swimwear, resort wear and related accessories under our own Vilebrequin brand and footwear, apparel and accessories under our own Bass and G.H. Bass brands. We also sell a variety of apparel products under our other owned brands that include Andrew Marc, Marc New York, Jessica Howard, Eliza J and Black Rivet and under private retail labels.


We sell products under an extensive portfolio of well-known licensed brands, including Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, Kenneth Cole, Guess, Levi’s and Cole Haan. In our team sports business, we have licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Touch by Alyssa Milano, Hands High and over 100 U.S. colleges and universities.
Our products are sold through a cross section of leading retailers such as Macy’s, Bloomingdale’s, Nordstrom, Lord & Taylor, Dillard’s, The Bon-Ton Stores, Saks Fifth Avenue and JC Penney.


We also distribute apparel and other products through our own retail stores. Substantially all of our Wilsons Leather and G.H. Bass stores are operated as outlet stores.
In February 2016, we expanded our relationship with Tommy Hilfiger through a new license agreement for Tommy Hilfiger womenswear in the United States and Canada, which includes women’s sportswear, suit separates, performance and denim. These categories are in addition to dresses, men’s and women’s outerwear and luggage that were already licensed to us by Tommy Hilfiger. The new license agreement has an initial term of five years and a renewal term of four years. Macy’s will continue to be the principal retailer of Tommy Hilfiger in the United States and women’s sportswear will continue to be a Macy’s exclusive offering.

We believe that our broad portfolio of high-profile brands combined with our extensive distribution relationships position us for growth. We intend to capitalize on the following competitive strengths in order to expand our position as an all-season diversified apparel company:
Broad portfolio of recognized brands. We have built a broad and deep portfolio of over 40 licensed and proprietary brands. We believe we are a licensee of choice for well-known brands, as demonstrated by our partnerships with such brands as Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, Guess, Kenneth Cole, Cole Haan, Dockers and Levi’s, that have built a loyal following of both fashion-conscious consumers and retailers who desire high quality, well designed products. We have selectively added the licensing rights to premier brands in women’s, men’s and team sports categories catering to a wide range of customers. In addition to our licensed brands, we own several successful proprietary brands, including Vilebrequin, Bass, G.H. Bass, Weejuns, Andrew Marc, Marc New York, Eliza J, Jessica Howard and Black Rivet. In an environment of rapidly changing consumer fashion trends, we benefit from a balanced mix of well-established and newer brands. Our experience in developing and acquiring licensed brands and proprietary labels, as well as our reputation for producing high quality, well-designed apparel, has led major department stores and retailers to select us as a designer and manufacturer for their private label programs.

We currently market apparel and other products under, among others, the following licensed and proprietary brand names:
Women’s

Men’s

Team Sports

Licensed Brands
Calvin Klein Calvin Klein National Football League
ck Calvin Klein ck Calvin Klein Major League Baseball
Tommy Hilfiger Tommy Hilfiger
National Basketball Association

Karl Lagerfeld Karl Lagerfeld National Hockey League
Guess Guess Touch by Alyssa Milano
Guess Guess Hands High
Kenneth Cole NY Kenneth Cole NY Collegiate Licensing Company
Reaction Kenneth Cole

Reaction Kenneth Cole
Major League Soccer
Cole Haan Cole Haan Starter
Levi’s Levi’s
Vince Camuto Vince Camuto
Jessica Simpson Dockers
Ivanka Trump
Jones New York
Ellen Tracy
Kensie
Proprietary Brands
Andrew Marc Andrew Marc G-III Sports by Carl Banks
Marc New York Marc New York G-III for Her
Vilebrequin Vilebrequin
Bass Bass
G.H. Bass G.H. Bass
Black Rivet Black Rivet
Wilsons Wilsons
Eliza J
Jessica Howard
Diversified distribution base. We market our products at multiple price points and across multiple channels of distribution, allowing us to provide products to a broad range of consumers. Our products are sold to approximately 2,800 customers, including a cross section of retailers such as Macy’s, TJX Companies, Ross Stores, Lord & Taylor, Dillard’s, the Bon-Ton Stores, Nordstrom, Saks Fifth Avenue and JC Penney, as well as membership clubs such as Costco and Sam’s Club. We believe our strong relationships with retailers have been established through many years of personal customer service and adherence to meeting or exceeding retailer expectations. Our Wilsons Leather retail stores provide an additional distribution network for our products. We distribute our Bass and G.H. Bass products through our Bass outlet stores and through licensees, and distribute Vilebrequin products through a network of company owned and franchised specialty retail stores and shops, as well as through select wholesale distribution channels.


Superior design, sourcing and quality control. Our in-house design and merchandising teams design substantially all of our licensed, proprietary and private label products. Our designers work closely with our licensors and private label customers to create designs and styles that represent the look they want. We have a network of worldwide suppliers that allows us to negotiate competitive terms without relying on any single vendor. In addition, we employ a quality control team and a sourcing group in China to ensure the quality of our products. We believe we have developed a significant customer following and positive reputation in the industry as a result of our design capabilities, sourcing expertise, on-time delivery and high standards of quality control. Our acquisition of Vilebrequin added experienced design capability and additional sourcing resources. With its distinctive product design and construction, Vilebrequin, unlike the rest of our business, mostly relies on a limited number of manufacturers for the substantial majority of its product.



   Company Address: 512 Seventh Avenue New York 10018 NY
   Company Phone Number: 403-0500   Stock Exchange / Ticker: NASDAQ GIII
   GIII is expected to report next financial results on March 26, 2024.


Customers Net Income grew by GIII's Customers Net Profit Margin fell to

3.34 %

0.74 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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G Iii Apparel Group Ltd

G Iii Apparel Group Ltd. Makes Fashion History with Mind-Blowing Surge in Revenue!

Financial News Report: G-III Apparel Group Shows Significant Improvement in Fiscal Period
G-III Apparel Group Ltd, a global leader in fashion design, sourcing, and manufacturing, recently announced a remarkable improvement in its most recent fiscal period. The company's income per share increased by an impressive 117.46% year on year to $2.74 per share, while its revenue saw a 23.216% increase to $444.41 million.
Sequentially, G-III Apparel Group's earnings per share elevated by an astonishing 682.86% from $0.35 per share, and its revenue surged by 55.578% from $285.65 million. The company reported earnings of $127.380 million in the financial period closing on October 31, 2023, representing a significant 109.35% increase from the net earnings of $60.846 million in the same period the previous year.

Management Changes

G-III Apparel Group Appoints Dana Perlman to Drive Growth and Operational Excellence Amidst Challenging Market Conditions

Published Tue, Dec 5 2023 12:03 PM UTC

G-III Apparel Group Appoints Dana Perlman to Drive Growth and Operational Transformation
NEW YORK - G-III Apparel Group, Ltd. (NASDAQ: GIII), a leading global fashion company known for design, sourcing, and manufacturing expertise, has announced the appointment of Dana Perlman as Chief Growth and Operations Officer. Effective January 8, 2024, Ms. Perlman will bring her e...

G Iii Apparel Group Ltd

EPS Plummet at G III Apparel Group Ltd as Fiscal Year Ends July 31, 2023, Signaling Bleak Future Prospects

The financial analysis of G Iii Apparel Group Ltd for the fiscal time-frame closing July 31, 2023, presents a bearish outlook for the company's future prospects. Several factors contribute to this negative view, including a significant decline in earnings per share (EPS) and revenues, as well as a decrease in net income and net margin.
Firstly, G Iii Apparel Group Ltd experienced a substantial drop in EPS, plummeting by -52.7% to $0.35 per share compared to $0.74 a year prior. This decline in earnings is concerning as it indicates a decline in the company's profitability and financial performance. In contrast, the earnings per share increased by 400% from $0.07 per share in the prior quarter, which may seem impressive at first glance. However, considering the sharp decline from the previous year, this increase may be seen as a temporary improvement rather than a sustained positive trend.

G Iii Apparel Group Ltd

G III Apparel Group Ltd Suffers Massive Blow in Q1 2023, as Revenue Plummets and Income Falls by 88.71%

Despite the disappointing numbers reported in the first quarter of 2023 earnings season, there are still reasons to be optimistic about the stock market. G Iii Apparel Group Ltd may have experienced a significant decrease in company income, net profit per share, and revenue, but this does not necessarily reflect the overall state of the stock market.
In fact, one could argue that the stock market is still performing relatively well considering the challenges faced by businesses due to the ongoing pandemic. Furthermore, G Iii Apparel Group Ltd is expected to report their next financial results in September 2023, leaving plenty of time for the company to rebound and make progress towards improving their profitability and operating margin.






 

G Iii Apparel Group Ltd's Segments
 
 
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