- The New York City-based apparel manufacturer licenses clothes and accessories under the Calvin Klein, Anfrew Marc, Sean John, Kenneth Cole Productions Inc, Cole Haan, Guess Inc brands, Ivanka Trump, Dockers and Levi’s (divisions).
- The company offers its products to department, specialty, and mass merchant retail stores, as well as upper tier stores and catalogs primarily in the United States, Canada, Europe, and the Far East.
- It also operates 218 retail stores, including 145 retail stores operated under the Wilsons Leather name, 4 retail stores under Andrew Marc brand, and 63 Vilebrequin retail stores.
- Coats still generate 40 to 45% of company volume, with both wholesale and retail components.The company was created by Aron Goldfarb, a Holocaust survivor born in Poland who followed his brothers to America in 1956 and started a little leather factory.
daily June 2015
(Note: G-III Apparel split 2:1 on May-04-15)
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- 2013: G-III Apparel bought footwear brand G.H. Bass from PVH for $50 million. The acquisition allows the group to develop the G.H. Bass brand - which was founded in 1936 in Norway – to give it a more feminine image. For some, G.H. Bass was the original creator of the penny loafer. PVH acquired the brand in 1987 and integrated it into its Heritage division, alongside labels Arrow, Izod and Van Heusen. G-III Apparel has a deep relationship with PVH and currently holds licenses for brands Calvin Klein and Tommy Hilfiger in North America, as well as Guess, Nine West and Ivana Trump.
Morris Goldfarb, Jeff Goldfarb (bios)
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From the company website: G-III Apparel Group, Ltd. (“G-III") traces its roots back to 1956 when Aron Goldfarb, a Holocaust survivor, immigrated to the United States and established his own outerwear company located in the heart of New York City’s Garment District. As early as 1972, G-III began to diversify its offerings, when Morris Goldfarb, its current Chief Executive Officer and son of its founder, joined G-III. Morris introduced an entrepreneurial spirit to G-III which has propelled the company for more than forty years. Almost immediately, G-III expanded its sourcing, becoming one of the first companies to import outerwear from South Korea. This established a strong connection between G-III and the Pacific Rim manufacturing zone, which remains intact today. In 1981, G-III began expanding by launching its first division, Siena Leather Limited, an aspirational luxury leather sportswear company that catered to high-end department stores. In 1989, G-III became publicly traded and began intensifying its expansion efforts.
From the Oct. 12, 2012 NYT Obituary
http://www.legacy.com/obituaries/nytimes/obituary.aspx?pid=160373719
GOLDFARB--Aron. Holocaust Survivor and Founder of the G-III Apparel Group, beloved husband, father, grandfather and great-grandfather passed away after a long illness on October 8, 2012, at the age of 88. Born February 10, 1924, in Bialobrzegi, Poland, Aron was a Holocaust survivor who overcame seemingly insurmountable odds and founded a successful apparel business known as the G-III Apparel Group. The son of Moshe and Sarah Goldfarb, he was one of seven children and one of three to survive the Holocaust. When the Germans took Aron from his father, the last words his father said to him were "go, my son...maybe you will survive". Those words would stay with him for the rest of his life and eventually would become the title of a book he wrote about his struggle. Aron's family was sent to the Treblinka concentration camp in 1941, while Aron and his older brothers Itzhak and Abraham were sent to the Pionki labor camp. Another brother, Jacob, would survive the war by escaping to Russia. In 1944, Aron with his brothers and a friend Zisman Birman escaped from the camp and fought for survival in the forests of Poland. His brother Itzhak and Zisman Birman were caught while in hiding and executed. Aron and Abraham would survive the war by living in a bunker they built not far from a German gunnery position near their hometown. Armed with only their familiarity with the landscape and their courage they would break into the German outpost not far from their hiding spot and steal food and supplies through the winter of 1944. In 1978, the brothers returned to Poland to retrieve the remains of Itzhak and Zisman and brought them to be buried in Israel. While in a Displaced Persons camp in Germany following the end of the war, Aron saw Esther Disman and immediately asked her to a movie. They were soon married and moved to Israel where Aron was a farmer while serving in the Israeli Army. Their son Morris was born in Israel and the family came to the United States in 1956 where Aron, Abraham and Jacob were reunited. Aron and Esther's second son Ira was born soon after. Aron used his skills learned in Poland as an apprentice to a shoe maker to start in 1956 what is today known as the G-III Apparel Group. What started out as a small leather company is still thriving. Aron is survived by his wife Esther; his son Morris and daughter-in-law Arlene and son Ira; his grandchildren Laura, Jeffrey, Scott, Samantha and Brett; great-grandchildren Joshua, Matthew, Amanda, Ryan, Sabrina and Tristan. Aron will be missed but his memory, lessons and legacy will be carried on by all those who loved him and all the lives he touched.
Bialobrzegi, Poland
G-III Apparel Group - brands
Description
G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel, including outerwear, dresses, sportswear, women’s suits and women’s performance wear, as well as luggage and women’s handbags, small leather goods and cold weather accessories. It operates in three segments: wholesale licensed products, wholesale non-licensed products and retail operations. The wholesale licensed products segment includes sales of products under brands licensed by it from third parties. The wholesale non-licensed products segment includes sales of products under its own brands and private label brands. The retail operations segment consists almost entirely of the operations of its Wilsons outlet stores. The Company sells its products under its own brands, which include Andrew Marc, Marc New York and Marc Moto, licensed brands and private retail labels. Effective November 4, 2013, G-III Apparel Group Ltd acquired GH Bass & Co.
Address
512 Seventh Avenue
NEW YORK, NY 10018
United States
NEW YORK, NY 10018
United States
Website
http://www.g-iii.com/Key stats and ratios
| Q4 (Oct '13) | 2013 | |
| Net profit margin | 8.88% | 4.04% |
| Operating margin | 14.76% | 7.18% |
| EBITD margin | - | 7.61% |
| Return on average assets | 25.57% | 8.95% |
| Return on average equity | 50.48% | 14.45% |
| Employees | 3,109 |
