Aaron Sammy reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director and executive Sammy Aaron reported an equity compensation grant in the form of restricted stock units (RSUs). He was awarded 57,581 RSUs, each representing a contingent right to receive one share of G-III common stock at no cash cost per share.
The RSUs were granted on April 30, 2026 and will cliff vest on April 15, 2029, provided he remains employed by or continues to provide services to G-III through that date. Following this grant, he holds 325,142 shares of common stock directly, highlighting this as a sizable but compensation-related, non-market transaction rather than an open-market purchase.
GOLDFARB MORRIS reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group CEO Morris Goldfarb reported an insider equity award in the form of restricted stock units (RSUs). On April 30, 2026, he received 76,775 RSUs, each representing a contingent right to receive one share of G-III common stock at a price of $0.00 per unit.
The RSUs will cliff vest on April 15, 2029, meaning none vest before that date, and vesting requires that he remain employed by or continue providing services to G-III through that date. Following this grant, he directly holds 4,064,856 shares of G-III common stock, in addition to various indirect holdings reported through family-related entities.
G-III Apparel Group, Ltd. approved new performance share unit (PSU) awards for its named executive officers under the 2023 Long-Term Incentive Plan. The CEO received 115,163 PSUs, with additional grants to the president, other senior executives and the CFO.
The awards can convert into common shares based on performance over fiscal 2027–2029, using two metrics: cumulative Adjusted EBIT and average ROIC reduced by a 28.5% tax rate. Seventy‑five percent of each award is tied to Adjusted EBIT and 25% to ROIC, with payouts ranging from 0% to 150% of target depending on results.
Any vested PSUs will settle in shares on or within 90 days after April 15, 2029, if the executives remain with the company through that date.
G-III Apparel Group Ltd reported a passive beneficial ownership filing by Vanguard Portfolio Management holding 2,459,042 shares of common stock, representing 5.82% of the class. The filing states Vanguard has sole dispositive power over 2,459,042 shares and sole voting power over 79,319 shares.
G-III Apparel Group Ltd — The Vanguard Group filed Amendment No. 12 to a Schedule 13G/A stating it beneficially owns 0 shares of G‑III common stock, representing 0% of the class. The filing explains an internal realignment under SEC Release No. 34-39538 that causes certain Vanguard subsidiaries or divisions to report holdings separately; those entities will report on a disaggregated basis. The form is signed by Ashley Grim as Head of Global Fund Administration with a signature date of 03/26/2026.
G-III Apparel Group, Ltd. describes a global fashion business built around more than 30 owned and licensed brands, led by DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin. Owned brands generated approximately 57% of net sales in fiscal 2026, up from 52% in 2025 and 47% in 2024, while licensed products accounted for 43.0% in 2026.
The company relies on a wide licensing portfolio with partners such as Calvin Klein, Tommy Hilfiger, Levi’s, Nautica and major U.S. sports leagues, under agreements extending in many cases into the 2030s and 2040s. In fiscal 2025 it acquired an 18.7% stake in AWWG to accelerate European expansion.
Production is fully outsourced to third-party manufacturers, with about 72% of fiscal 2026 product sourced from Vietnam, China and Bangladesh, and two Vietnamese vendors supplying over 40% of purchases. Customer concentration is high: the ten largest customers represented 67.6% of net sales in fiscal 2026, including Macy’s at 20.6%, TJX at 11.4% and Ross Stores at 11.0%.
The retail segment remains under turnaround, posting operating losses of $5.0 million in fiscal 2026, $14.0 million in 2025 and $30.5 million in 2024. G-III highlights significant risks from tariffs, supply-chain disruptions, seasonal demand, reliance on key licenses, and evolving ESG, labor, cybersecurity and data-privacy requirements across its global operations.
G-III Apparel Group, Ltd. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be paid on March 30, 2026 to stockholders of record as of March 23, 2026.
This cash return to shareholders is in addition to G-III’s ongoing operations as a global fashion company with a large portfolio of owned and licensed brands, including DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, Calvin Klein, Tommy Hilfiger, Levi’s and others.
G-III Apparel Group reported weaker fiscal 2026 results as it navigates a portfolio transition and the planned exit of Calvin Klein and Tommy Hilfiger licenses. Net sales for the year ended January 31, 2026 fell to $2.96 billion from $3.18 billion, while GAAP net income declined to $67.4 million or $1.51 per diluted share from $4.20. Non-GAAP diluted EPS was $2.61, down from $4.42, including the impact of $17.5 million of bad debt tied to the Saks Global bankruptcy and $46.1 million of non-cash asset impairments.
The company ended the year with a stronger balance sheet, holding $406.7 million of cash and cash equivalents and returning $54.0 million to shareholders through buybacks and dividends. For fiscal 2027, G-III expects net sales of about $2.71 billion, reflecting the loss of roughly $470 million of Calvin Klein and Tommy Hilfiger sales, but projects GAAP and non-GAAP net income between $88.0 million and $92.0 million, or diluted EPS of $2.00–$2.10. Adjusted EBITDA is forecast at $158.0–$162.0 million, down from $192.4 million in 2026, as the company also targets $25 million of run-rate cost savings by fiscal 2028.
Morris Goldfarb, Chief Executive Officer of G-III Apparel Group, Ltd., filed an amended ownership report showing that he beneficially owns 4,724,755 shares of the company’s common stock, representing 11.1% of the class.
This percentage is calculated based on 42,189,287 shares of common stock outstanding as of December 31, 2025. Goldfarb holds 2,324,259 shares with sole voting and dispositive power and 2,400,496 shares with shared voting and dispositive power, including family entities, trusts, and restricted stock units.
G-III Apparel Group, Ltd. reported that its Chief Growth Operations Officer received an equity award tied to the company’s common stock. On December 12, 2025, the officer was granted 63,673 restricted stock units (RSUs), each representing a contingent right to receive one share of G-III common stock at a price of $0.
After this grant, the officer beneficially owns 84,386 shares of common stock. The RSUs will cliff vest on December 12, 2030 only if the officer remains employed by, or continues to provide services to, G-III through that date.