G-III Apparel Group Declares Quarterly Dividend

Rhea-AI Summary

G-III Apparel Group (NASDAQ: GIII) announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share. The dividend will be payable on September 29, 2026 to stockholders of record as of September 15, 2026.

The company describes itself as a global fashion business with more than 30 owned and licensed brands, including DKNY, Donna Karan, Karl Lagerfeld and licenses for Calvin Klein, Tommy Hilfiger, Levi’s and major U.S. sports leagues. It also includes standard forward-looking statement and risk disclosures.

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• Quarterly cash dividend of $0.10 per share payable September 29, 2026

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• None.

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NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NASDAQ: GIII) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share. The dividend is payable on September 29, 2026 to stockholders of record on September 15, 2026.

About G-III Apparel Group, Ltd. 

G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing. The Company owns and licenses a portfolio of more than 30 preeminent brands, each differentiated by unique brand propositions, product categories, and consumer touchpoints. G-III owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel, and Vilebrequin, and licenses over 20 of the most sought-after names in global fashion, including Calvin Klein, Tommy Hilfiger, Levi’s, Halston, Champion, Converse, Cole Haan, BCBG, French Connection, Starter, as well as major sports leagues such as the NFL, NBA, NHL and MLB, among others.

Statements concerning G-III's expectations regarding future events are "forward-looking statements" as that term is defined under the federal securities laws. Forward-looking statements are subject to risks, uncertainties and factors which include, but are not limited to, risks related to the reliance on licensed product, risks relating to G-III’s ability to increase revenues from sales of its other products, new acquired businesses or new license agreements as licenses for Calvin Klein and Tommy Hilfiger product expire on a staggered basis, reliance on foreign manufacturers, risks of doing business abroad, supply chain disruptions, risks related to acts of terrorism and the effects of war, the current economic and credit environment risks related to our indebtedness, the nature of the apparel industry, including changing customer demand and tastes, customer concentration, seasonality, risks of operating a retail business, risks related to G-III’s ability to reduce the losses incurred in its retail operations, customer acceptance of new products, the impact of competitive products and pricing, dependence on existing management, possible disruption from acquisitions, the impact on G-III’s business of the imposition of tariffs by the United States government and business and general economic conditions, including inflation and higher interest rates, as well as other risks detailed in G-III's filings with the Securities and Exchange Commission. G-III assumes no obligation to update the information in this release.

Investor Relations Contact:
Nick Bacchus
SVP of Investor Relations and Treasurer
IR@g-iii.com

FAQ

What dividend did G-III Apparel Group (NASDAQ: GIII) declare on August 20, 2026?

G-III Apparel Group declared a quarterly cash dividend of $0.10 per share. According to the company, this dividend will be paid in cash to eligible shareholders of its common stock, providing a direct capital return in addition to any share price performance.

When are the record date and payment date for G-III Apparel Group's $0.10 dividend (GIII)?

The dividend is payable on September 29, 2026 to stockholders of record on September 15, 2026. According to G-III Apparel Group, investors must be shareholders of record on the September 15 record date to receive the $0.10 per share cash distribution.

Is G-III Apparel Group's $0.10 per share dividend a quarterly payment for GIII shareholders?

Yes, G-III Apparel Group described the $0.10 per share cash payment as a quarterly dividend. According to the company, this indicates the distribution is intended as part of a recurring quarterly payout rather than a one-time special dividend to common shareholders.

What does the $0.10 quarterly dividend mean for G-III Apparel Group (GIII) investors?

The $0.10 quarterly dividend provides G-III Apparel Group shareholders with a recurring cash return per share. According to the company, the Board approved this payout, signaling a willingness to distribute part of available capital directly to investors alongside potential price appreciation.

How can investors qualify to receive G-III Apparel Group's September 29, 2026 dividend on GIII stock?

Investors must be stockholders of record on September 15, 2026 to receive the dividend. According to G-III Apparel Group, only those listed as shareholders on that record date will be eligible for the $0.10 per share cash payment on September 29, 2026.

What brands are associated with G-III Apparel Group (GIII), which declared the $0.10 dividend?

G-III Apparel Group owns brands such as DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel and Vilebrequin. According to the company, it also licenses major names including Calvin Klein, Tommy Hilfiger, Levi’s and several sports leagues, supporting its diversified fashion portfolio alongside the announced dividend.