G III APPAREL GROUP LTD /DE/ (GIII)

G-III Apparel Group Ltd. engages in the designing, sourcing, and marketing of women's apparel. The firm's product range includes outerwear, dresses, sportswear, swimwear, women’s suits and performance wear, as well as handbags, footwear, small leather goods, cold weather accessories, and luggage. It operates through the Wholesale and Retail segments. The Wholesale segment includes sales of products under the company’s owned, licensed, and private label brands, as well as sales related to the Vilebrequin business. The Retail segment consists primarily of direct sales to consumers through company-operated stores, DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H Bass, Andrew Marc, and Wilsons Leather. The company was founded by Aron Goldfarb in 1956 and is headquartered in New York, NY.

Address

512 SEVENTH AVE
NEW YORK, NY 10018

Founded

1956

Number of Employees

4,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - $20,311 $44,017 $8,628 $19,095 $47,986 $47,327 $67,548 $36,416
Average Price - - - - $28.09 $27.78 $25.96 $27.51 $20.62 $16.21 $27.29 $23.06
# Shares Purchased - - - - 723,072 1,584,425 332,384 694,077 2,326,624 2,920,161 2,475,220 1,579,423
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - 10.4% 11.6% 19.4% 12.7% 50.3% 91.3% 13.6% 34.5%
S&P 500 Return to Date - - - - 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 54.4%
Excess Total Return - - - - -94.5% -81.5% -55.4% -19.0% 13.0% 59.9% 6.2% -19.9%
Quartile Rank
Percentile Rank - - - - 41% 42% 41% 57% 80% 95% 68% 64%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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