G-III Apparel Group, Ltd.

What does G-III Apparel Group do?

G-III designs, sources, and sells apparel under owned brands including DKNY and Donna Karan, and licensed names including Calvin Klein. It also holds a joint venture stake in Marc Jacobs with WHP Global.

Is G-III publicly traded?

Yes. G-III trades on Nasdaq under ticker GIII.

Who founded G-III?

Aron Goldfarb founded the predecessor leather apparel business in 1956. His son Morris Goldfarb serves as chairman and CEO.

Where is G-III headquartered?

The company is headquartered in New York City.

What is G-III's revenue?

G-III reported net sales of $2.96 billion for fiscal 2026, ended January 31, 2026.

Did G-III buy Marc Jacobs?

G-III entered a joint venture with WHP Global for the Marc Jacobs brand in September 2026. WHP holds majority control of the intellectual property; G-III participates in operations and economics.

Aron Goldfarb, a Holocaust survivor, founded a New York leather apparel company in 1956 that became G-III. The business grew through the outerwear market and incorporated as G-III Apparel Group in 1989, going public shortly after.

The company built its model on licensing, acquiring rights to produce apparel under major designer and lifestyle names while selectively buying brands outright. The Donna Karan acquisition in 2016 for $650 million was transformative, giving G-III owned brands with global recognition.

The PVH license decision in the mid-2020s forced a reset. Calvin Klein and Tommy Hilfiger wind down through fiscal 2027, removing roughly $470 million of expected sales. G-III responded by investing in DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin, which grew mid-single digits and neared 60% of revenue in FY2026.

In September 2026, G-III closed a joint venture with WHP Global covering the Marc Jacobs brand. Under the structure, WHP takes majority control of the intellectual property while G-III retains an operating role and financial interest. The deal ended LVMH's ownership of Marc Jacobs.