G-III Apparel Group (NASDAQ: GIII) is a fashion apparel company that designs, sources, and distributes clothing and accessories across a portfolio of over 30 owned and licensed brands. Revenue comes from wholesale sales of apparel and accessories to department stores, off-price retailers, and other channels, with additional contribution from retail operations. The company's brand portfolio is anchored by four owned brands: DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin. G-III also holds licenses from third-party brand owners and develops private-label collections for retail partners including Macy's, Harley-Davidson, Costco, Kohl's, and Ross Stores. The company, incorporated in Delaware in 1989 with operations dating to 1974, operates two reportable segments: wholesale and retail. Product categories span outerwear, dresses, sportswear, suit separates, athleisure, jeans, swimwear, handbags, footwear, small leather goods, cold weather accessories, and luggage. In fiscal 2026, 25% of sourced product originated from China. Morris Goldfarb serves as Chairman and Chief Executive Officer.
- Revenue model
- G-III generates revenue primarily through wholesale transactions, selling apparel and accessories to retailers at negotiated prices. Additional revenue comes from its own retail operations. The company earns royalty-driven economics on licensed brand products, with licensors typically requiring product approval prior to production. Private-label collections are developed in partnership with specific retail accounts on a transactional basis.
- Products and services
- Product categories include outerwear, dresses, sportswear, suit separates, athleisure, jeans, swimwear, handbags, footwear, small leather goods, cold weather accessories, and luggage. Owned brands include DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin. The company also designs private-label collections for retail partners and produces goods under third-party licenses, including Calvin Klein and Tommy Hilfiger licenses that expired or are expiring in fiscal 2026 through fiscal 2028.
- Customers and end markets
- G-III sells to department stores, off-price retailers, and other wholesale accounts. Named retail partners include Macy's, Harley-Davidson, Costco, Kohl's, and Ross Stores. End consumers span multiple price points and demographics, reached through diverse distribution channels and geographies. The loss of the Calvin Klein and Tommy Hilfiger licenses represents a material change to the customer and revenue base as of fiscal 2026 through fiscal 2028.
- Value-chain role
- G-III operates as a brand owner, licensor, designer, and wholesale distributor. In-house design teams develop owned, licensed, and private-label products. Sourcing is handled through a global supplier network, with finished goods shipped to G-III's own distribution facilities or designated third-party facilities for inspection, allocation, and reshipment to retail customers. The company does not own manufacturing facilities; production is outsourced to independent suppliers.
- Geographic exposure
- G-III sources globally, with 25% of fiscal 2026 product sourced from China and additional sourcing from Vietnam and Bangladesh. The company has global brand distribution across multiple geographies, though specific country-level revenue splits are not detailed in the available filing excerpts. Supply chain exposure includes shipping routes through the Suez Canal and Red Sea.
Source: SEC 10-K, filed 2026-03-24
Industry:
Apparel & Other Finishd Prods of Fabrics & Similar Matl
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