G-III Apparel Group
G-III Apparel Group is an American fashion company founded in New York in 1956. It owns brands including DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin and produces licensed apparel for many other labels.
| Founded | 1956, New York |
|---|---|
| Founder | Aron Goldfarb |
| Listing | Nasdaq: GIII |
| Key owned brands | DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin |
| Website | giii.com |
What is G-III Apparel Group?
G-III Apparel Group is a New York based apparel company that designs, sources and markets clothing and accessories under its own brands and under licence. It has been listed on Nasdaq since 1989.
History
The company was founded in 1956 in New York's Garment District by Aron Goldfarb, a Polish-born Holocaust survivor. Over the decades it grew from outerwear into a multi-brand group through acquisitions and licensing agreements, and it now has offices in Canada, China, Italy, France, the Netherlands and Switzerland.
Products and positioning
Owned brands include:
- DKNY and Donna Karan
- Karl Lagerfeld
- Vilebrequin and Sonia Rykiel
- G.H. Bass, Andrew Marc and Eliza J
G-III also makes licensed products for brands such as Calvin Klein, Tommy Hilfiger, Levi's, Champion and Nautica, and for the NFL, NBA, MLB, NHL and many US colleges. Products span women's and men's clothing, outerwear, hats, jewellery and accessories.
Distribution
Its goods reach consumers through department stores and other wholesale partners, company-operated stores and digital channels.
Why it matters
G-III is a major example of the American brand-holding model, combining owned labels with licensing to cover many price points and channels.
Frequently asked questions
What brands does G-III own?
G-III owns DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, Sonia Rykiel, G.H. Bass, Andrew Marc and Eliza J, among others.
Who founded G-III?
G-III was founded in 1956 in New York's Garment District by Aron Goldfarb.