GIIINasdaqApparel & Other Finishd Prods of Fabrics & Similar MatlUS GAAP · USD

G-III Apparel Group, LTD

G-III Apparel Group designs, sources, markets and distributes apparel and accessories across owned, licensed and private-label brands. Its portfolio spans outerwear, dresses, sportswear, swimwear, handbags, footwear and luggage, sold through wholesale partners, digital channels and its own retail stores.

Kysy yhtiöstä
Liikevaihto2 957milj. USD
−7,0 %v/v
Liikevoitto (EBIT)108milj. USD
−63,2 %v/v
EBIT-marginaali3,7%
−5,6 %-yks.v/v
Nettotulos67,4milj. USD
−65,2 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−1 00001 0002 0003 0004 000milj. USD2021: 2 055 milj. USD2021: EBIT 83 milj. USD20212022: 2 767 milj. USD2022: EBIT 311 milj. USD20222023: 3 227 milj. USD2023: EBIT −109 milj. USD20232024: 3 098 milj. USD2024: EBIT 283 milj. USD20242025: 3 181 milj. USD2025: EBIT 293 milj. USD20252026: 2 957 milj. USD2026: EBIT 108 milj. USD20262 957108
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: G-III Apparel Group, LTD

Liiketoiminta

Osuus liikevaihdosta
Owned branded apparel30 %

Apparel and accessories sold under G-III-owned labels such as DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin.

Licensed apparel48 %

Products made and marketed under third-party brand licenses across multiple price points and categories.

Private label and retailer programs15 %

Custom-made merchandise developed with retail customers for their store brands and exclusive programs.

Accessories and luggage5 %

Handbags, small leather goods, footwear, cold-weather accessories and luggage sold alongside apparel.

Retail and digital direct-to-consumer2 %

Sales through company-operated stores and brand websites, including DKNY, Karl Lagerfeld and Vilebrequin.

Asiakkaat

G-III sells mainly to large department stores, off-price chains and other retail partners that buy branded and private-label apparel in volume. It also serves consumers directly through its own stores and e-commerce sites, while some products are sold through online retail partners and international distributors. Customer concentration is high, so buying decisions by a few major accounts have an outsized effect on sales.

Department stores

Buy branded apparel and accessories for national assortments and seasonal programs; this is a core wholesale channel.

Off-price retailers

Purchase large volumes of value-oriented merchandise, especially licensed and branded product.

Private-label retail accounts

Work with G-III on custom-made store-brand programs where speed, design and sourcing matter.

E-commerce and online retail partners

Buy for digital channels such as retailer websites and online marketplaces, supporting omnichannel demand.

Direct-to-consumer shoppers

Purchase through G-III stores and brand websites, especially for DKNY, Karl Lagerfeld and Vilebrequin.

Strategia

G-III’s strategy centers on managing a diversified portfolio of owned and licensed brands while keeping product development, sourcing and distribution tightly integrated. It is also expanding digital and direct-to-consumer capabilities while using design speed, retailer relationships and brand stewardship to defend shelf space and pricing power. Capital allocation has included share repurchases and debt reduction, indicating a focus on disciplined cash deployment.

Expand owned brandsKeskipitkä aikaväli

Owned labels can improve control over brand economics and reduce dependence on licenses.

Maintain and renew key licensesLyhyt aikaväli

Licensed products remain a major revenue source and losing agreements would reduce sales materially.

Grow digital and direct-to-consumerKeskipitkä aikaväli

Digital channels broaden reach, improve consumer access and diversify away from wholesale dependence.

Preserve retailer relationships and execution qualityLyhyt aikaväli

Large accounts value speed, quality and reliability, which support repeat orders and vendor status.

Maantiede

G-III is headquartered in the United States and generates most of its revenue there, with fiscal 2025 sales split about 77% U.S. and 23% international. International business is important because the company sells through global brands, foreign retail partners and subsidiaries that operate on different reporting calendars. The mix also exposes G-III to foreign-currency, sourcing and cross-border demand risk.

Riskit

G-III is exposed to customer concentration, license dependence and the cyclical nature of apparel demand. Its wholesale model also depends on accurate inventory planning, timely delivery and stable retailer health, while international sourcing and digital operations add currency, logistics and cybersecurity risk.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Dependence on licensed brands1Customer concentration2Foreign sourcing and geopolitical disruption3Retailer financial distress4Digital execution and cybersecurity5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Dependence on licensed brandsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Licensed product accounted for a substantial share of net sales, so losing material agreements would reduce revenue and margin.

    Kohdistuu: 48.0% of fiscal 2025 net sales from licensed product

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of department store and off-price accounts drive a large portion of sales, so order reductions have outsized impact.

    Kohdistuu: Top 10 customers were about 69.6% of fiscal 2025 net sales

  3. Foreign sourcing and geopolitical disruptionVaikutus: KeskitasoTodennäköisyys: Korkea

    Dependence on foreign manufacturers and international operations can disrupt supply, raise costs and affect delivery timing.

    Kohdistuu: Global sourcing and overseas subsidiaries

  4. Retailer financial distressVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Customer bankruptcies, liquidations or store closures can cut demand and increase bad-debt exposure.

    Kohdistuu: Wholesale accounts and receivables

  5. Digital execution and cybersecurityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company is investing in e-commerce, which increases dependence on systems, third parties and secure fulfillment.

    Kohdistuu: Brand websites and online retail partners

Kysy Clarifolta: G-III Apparel Group, LTD

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and variable consideration

Wholesale sales are netted for discounts, allowances, returns and cooperative advertising, which can materially change reported revenue.

Vaikutus: Net sales and gross margin

Seasonality and inventory accounting

The company builds inventory ahead of the fall shipping season, so working capital and margins vary materially by quarter.

Vaikutus: Inventory, payables, operating cash flow

Customer refund liabilities

Estimates for returns and allowances affect both revenue and liabilities, especially in wholesale and promotional channels.

Vaikutus: Net sales and current liabilities

Goodwill and intangible asset impairment

Brand and reporting-unit valuations depend on future cash flow assumptions and market conditions.

Vaikutus: Potential non-cash impairment charges

Equity awards and share repurchases

Stock-based compensation and buybacks affect equity, diluted EPS and cash flow presentation.

Vaikutus: Equity, EPS, financing cash flow

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Digital Brands Group, Inc.

DBGI · Retail-Apparel & Accessory Stores

Vince Holding Corp

VNCE · Retail-Apparel & Accessory Stores

Reformation Inc.

REF · Women's, Misses': and Juniors Outerwear

Lands' End, Inc

LE · Retail-Family Clothing Stores

Ralph Lauren Corporation

RL · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments

KOHLS Corp

KSS · Retail-Department Stores

Päivitetty: 24.9.2026

G-III Apparel Group, LTD (Nasdaq) – Apparel & Other Finishd Prods of Fabrics | Analyysi – Clarifo