| Business Summary | | G-III
Apparel
Group,
LTD
(G-III)
designs,
manufactures,
imports
and
markets
an
extensive
range
of
leather
and
non-leather
apparel
including
coats,
jackets,
pants,
skirts
and
other
sportswear
items
under
its
own
labels,
licensed
labels
and
private
retail
labels.
The
Company's
own
labels
include
G-III,
Siena,
Siena
Studio,
Colebrook
&
Co,
JLC
and
J.L.
Colebrook.
The
Company
operates
its
business
in
two
segments,
non-licensed
apparel
and
licensed
apparel.
The
non-licensed
apparel
segment
includes
sales
of
apparel
under
the
Company's
own
brands
and
private
label
brands,
as
well
as
commission
fee
income
received
on
sales
that
are
financed
by
and
shipped
directly
to
its
customers.
The
licensed
apparel
segment
includes
sales
of
apparel
brands
licensed
by
the
Company
from
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | G-III
Apparel
Group,
Ltd.
designs,
manufactures,
imports
and
markets
an
extensive
range
of
leather
and
non-leather
apparel
under
private
retail
and
licensed
labels.
For
the
three
months
ended
4/30/01,
revenues
increased
62%
to
$17.2
million.
Net
loss
increased
15%
to
$2.9
million.
Revenues
reflect
an
increase
in
sales
of
non-licensed
apparel.
Net
loss
reflects
a
lower
gross
profit
due
to
increased
sales
of
lower
margin
products. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Morris Goldfarb, 49 Co-Chairman
and CEO | $1.2M | -- | Jeanette Nostra-Katz, 48 Pres | 475K | $4.8K | Carl Katz, 60 Exec.
VP of Siena | -- | -- | Wayne Miller, 42 Sr.
VP, CFO, Treasurer and Sec. | 375K | -- | Frances Boller-Krakauer, 34 VP
-Men's Division of G-III | 235K | -- | Dollar
amounts are as of 31-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|