G-III Apparel Group, Ltd. (GIII) Sector
Consumer Discretionary

(Current) $28.82
0.49 (1.73%) Open Price: 28.01

 

G-III Apparel Group, Ltd. is an American company that designs, manufactures, and markets a wide range of apparel and accessories for men, women, and children. The company was founded in 1956 by Aron Goldfarb and is headquartered in New York City. Originally a coat and raincoat manufacturer, G-III has since expanded to include multiple brands and product categories.

 

G-III's product portfolio includes licensed and proprietary brands such as DKNY, Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, and many others. The company produces and distributes outerwear, dresses, sportswear, swimwear, footwear, handbags, and accessories. G-III sells its products through wholesale and retail channels, including department stores, specialty stores, and e-commerce websites.

 

G-III Apparel Group, Ltd. went public in 1989 and is listed on the NASDAQ stock exchange under the ticker symbol "GIII". The company has grown substantially since its IPO, expanding its portfolio of brands and diversifying its product offerings. In recent years, G-III has also made strategic acquisitions, including the purchase of Donna Karan International in 2016, which significantly expanded the company's presence in the luxury fashion market.

 

G-III has a global presence, with operations in the United States, Canada, Europe, and Asia. The company has manufacturing facilities in Asia and Central America, as well as distribution centers and offices in various locations around the world. G-III's global reach allows the company to source materials and labor from a diverse range of suppliers, helping to control costs and maintain a competitive edge in the marketplace.

 

As a publicly traded company, G-III Apparel Group, Ltd. is subject to the regulations and reporting requirements of the Securities and Exchange Commission (SEC). The company is also accountable to its shareholders, who expect transparency and accountability in the company's financial performance and strategic decision-making. G-III's leadership team is responsible for managing the company's operations and executing on its long-term growth strategy, while also balancing the interests of shareholders, customers, and employees.

 



 

(05/23/24) $28.01
(05/25/24) $28.33
(05/25/24) (Qty.)401,360
(05/23/24) $27.61
(05/23/24) $28.14
(05/19/24) $26.96
(05/05/24) $29.02
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