Company description
GIII, or G-III, is a publicly-traded company on the Nasdaq stock exchange with the ticker GIII. The company is primarily involved in the design, manufacturing, and distribution of apparel and accessories for men, women, and children. G-III's product line includes outerwear, dresses, sportswear, swimwear, and footwear, and the company distributes these items through its own retail stores, department stores, and specialty retailers. Additionally, G-III has licensing agreements with popular brands such as Calvin Klein, DKNY, Tommy Hilfiger, and more, allowing them to design and produce products under these renowned labels. The company also operates in the sports apparel market through its subsidiary, Touch by Alyssa Milano, which designs and distributes licensed merchandise for professional sports teams. Founded in 1956, G-III has grown into a major player in the fashion industry, with a strong presence in both domestic and international markets. In recent years, the company has seen significant growth through strategic acquisitions, including the purchase of Donna Karan International in 2016. With a focus on innovation, quality, and trend-driven designs, G-III continues to adapt to changing market demands and expand its reach in the fashion world.