G-III Apparel Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Morris Goldfarb

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage	17.3%
CEO tenure	50.3yrs
CEO ownership	9.5%
Management average tenure	2.3yrs
Board average tenure	16.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Morris Goldfarb's remuneration changed compared to G-III Apparel Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	US$176m
Oct 31 2023	n/a	n/a	-US$114m
Jul 31 2023	n/a	n/a	-US$180m
Apr 30 2023	n/a	n/a	-US$160m
Jan 31 2023	US$6m	US$1m	-US$133m
Oct 31 2022	n/a	n/a	US$176m
Jul 31 2022	n/a	n/a	US$222m
Apr 30 2022	n/a	n/a	US$205m
Jan 31 2022	US$25m	US$1m	US$201m
Oct 31 2021	n/a	n/a	US$167m
Jul 31 2021	n/a	n/a	US$123m
Apr 30 2021	n/a	n/a	US$89m
Jan 31 2021	US$9m	US$462k	US$24m
Oct 31 2020	n/a	n/a	US$34m
Jul 31 2020	n/a	n/a	US$66m
Apr 30 2020	n/a	n/a	US$92m
Jan 31 2020	US$17m	US$1m	US$144m
Oct 31 2019	n/a	n/a	US$143m
Jul 31 2019	n/a	n/a	US$141m
Apr 30 2019	n/a	n/a	US$140m
Jan 31 2019	US$18m	US$1m	US$138m
Oct 31 2018	n/a	n/a	US$113m
Jul 31 2018	n/a	n/a	US$101m
Apr 30 2018	n/a	n/a	US$82m
Jan 31 2018	US$9m	US$1m	US$62m

Compensation vs Market: Morris's total compensation ($USD5.79M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Morris's compensation has been consistent with company performance over the past year.

CEO

Morris Goldfarb (72 yo)

50.3yrs

Tenure

US$5,790,860

Compensation

Mr. Morris Goldfarb serves as an Operating Partner at Orangewood Partners LLC. He serves as the Chairman of the Board and Chief Executive Officer of G-III Apparel Group, Ltd. and served as its President un...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Morris Goldfarb	Chairman & CEO	no data	US$5.79m	9.54% $ 114.8m
Sammy Aaron	Vice Chairman & President	18.8yrs	US$4.01m	0.26% $ 3.1m
Neal Nackman	CFO & Treasurer	18.6yrs	US$2.02m	0.077% $ 923.4k
Jeffrey Goldfarb	Executive VP	7.8yrs	US$4.09m	1.07% $ 12.9m
Amy Kahn	President	2.3yrs	no data	no data
Dana Perlman	Executive VP and Chief Growth & Operations Officer	less than a year	no data	no data
Priya Trivedi	Senior VP of Investor Relations & Treasurer	no data	no data	no data
Bettina Havrilla	Senior Vice President of Human Resources	2.3yrs	no data	no data
Wayne Miller	Senior Strategic Advisor	2.8yrs	US$2.54m	no data
Jonathan Elias	Group Co-President of the Calvin Klein	2.3yrs	no data	no data
Marc Rothstein	Group Co-President of the Calvin Klein	2.3yrs	no data	no data
Karl McErlean	President of G-III Asia	no data	no data	no data

2.3yrs

Average Tenure

63.5yo

Average Age

Experienced Management: GI4's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Morris Goldfarb	Chairman & CEO	50.3yrs	US$5.79m	9.54% $ 114.8m
Sammy Aaron	Vice Chairman & President	18.8yrs	US$4.01m	0.26% $ 3.1m
Jeffrey Goldfarb	Executive VP	15.3yrs	US$4.09m	1.07% $ 12.9m
Alan Feller	Independent Director	28.3yrs	US$260.00k	0.036% $ 435.3k
Thomas Brosig	Independent Director	32.3yrs	US$242.98k	0.074% $ 894.5k
Richard White	Lead Independent Director	21.3yrs	US$331.99k	0.22% $ 2.6m
Robert Johnson	Independent Director	3.6yrs	US$212.00k	0.019% $ 223.6k
Joyce Brown	Independent Director	less than a year	no data	no data
Laura Pomerantz	Independent Director	18.6yrs	US$215.00k	0.021% $ 248.2k
Cheryl Vitali	Independent Director	12.8yrs	US$212.00k	0.10% $ 1.2m
Patti Ongman	Independent Director	2.1yrs	US$198.96k	0.0037% $ 44.9k
Victor Herrero Amigo	Independent Director	4.8yrs	US$205.00k	0.062% $ 744.7k

16.9yrs

Average Tenure

70.5yo

Average Age

Experienced Board: GI4's board of directors are seasoned and experienced ( 16.9 years average tenure).

G-III Apparel Group Management

Management criteria checks 3/4

Key information

Recent management updates

CFO & Treasurer recently sold €1.0m worth of stock

Independent Director recently sold €250k worth of stock

Independent Director recently sold €224k worth of stock

Independent Director recently sold €200k worth of stock

Vice Chairman & President recently sold €3.8m worth of stock

G-III Apparel Group, Ltd. Announces the Election of Three New Board Members: Dr. Joyce F. Brown, Michael Shaffer and Andrew Yaeger

Recent updates

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: US$3.84 (vs US$2.79 loss in FY 2023)

G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter and Full Fiscal Year of 2025

G-III Apparel Group, Ltd. to Report Q4, 2024 Results on Mar 14, 2024

CFO & Treasurer recently sold €1.0m worth of stock

Third quarter 2024 earnings released: EPS: US$2.79 (vs US$1.29 in 3Q 2023)

G-III Apparel Group, Ltd. Provides Earnings Guidance for Fiscal 2024

G-III Apparel Group, Ltd. to Report Q3, 2024 Results on Dec 05, 2023

New minor risk - Share price stability

Independent Director recently sold €250k worth of stock

Independent Director recently sold €224k worth of stock

Second quarter 2024 earnings released: EPS: US$0.36 (vs US$0.76 in 2Q 2023)

G-III Apparel Group, Ltd. Raises Earnings Guidance for Fiscal Year 2024

G-III Apparel Group, Ltd. to Report Q2, 2024 Results on Sep 07, 2023

Now 22% undervalued

Independent Director recently sold €200k worth of stock

Now 24% undervalued

New minor risk - Insider selling

Vice Chairman & President recently sold €3.8m worth of stock

G-III Apparel Group, Ltd. Announces the Election of Three New Board Members: Dr. Joyce F. Brown, Michael Shaffer and Andrew Yaeger

New major risk - Share price stability

G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and the Full Year Ending January 31, 2024

First quarter 2024 earnings released: EPS: US$0.07 (vs US$0.64 in 1Q 2023)

G-III Apparel Group, Ltd. to Report Q1, 2024 Results on Jun 06, 2023

G-III Apparel Group, Ltd., Annual General Meeting, Jun 08, 2023

Full year 2023 earnings released: US$2.79 loss per share (vs US$4.14 profit in FY 2022)

Investor sentiment deteriorated over the past week

Third quarter 2023 earnings released: EPS: US$1.29 (vs US$2.20 in 3Q 2022)

G-III Apparel Group, Ltd. Announces Earnings Guidance for the Year 2023

G-III Apparel Group, Ltd. to Report Q3, 2023 Results on Dec 01, 2022

Second quarter 2023 earnings released: EPS: US$0.76 (vs US$0.40 in 2Q 2022)

G-III Apparel Group, Ltd. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2023

G-III Apparel Group, Ltd. to Report Q2, 2023 Results on Sep 07, 2022

First quarter 2023 earnings released: EPS: US$0.64 (vs US$0.54 in 1Q 2022)

G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

G-III Apparel Group, Ltd. (NasdaqGS:GIII) Completed it's acquisition of the remaining 81% stake in Karl Lagerfeld BV from Amlon Capital BV and others.

Investor sentiment improved over the past week

G-III Apparel Group, Ltd. to Report Q1, 2023 Results on Jun 07, 2022

G-Iii Apparel Group, Ltd. Announces Director Resignation

G-III Apparel Group, Ltd., Annual General Meeting, Jun 09, 2022

G-III Apparel Group, Ltd. (NasdaqGS:GIII) agreed to acquire the remaining 81% stake in Karl Lagerfeld BV for €200 million.

G-III Apparel Group, Ltd. Announces the Election of Lisa Warner Wardell and Patti H. Ongman to Its Board of Directors

Vice Chairman & President recently sold €3.2m worth of stock

Investor sentiment improved over the past week

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold €180k worth of stock

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

G-III Apparel Group, Ltd. Revises Earnings Guidance for Fiscal Year Ending January 31, 2022

Independent Director recently sold €128k worth of stock

G-III Apparel Group, Ltd. (NasdaqGS:GIII) entered into agreement to acquire Sonia Rykiel Création Paris from Eric and Michael Dayan.

Second quarter 2022 earnings released: EPS US$0.40 (vs US$0.31 loss in 2Q 2021)

G-III Apparel Group, Ltd. Raises Earnings Guidance for the Fiscal Year 2022

Independent Director recently sold €267k worth of stock

G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter of Year 2022 and Full Year Ending January 31, 2022

First quarter 2022 earnings released: EPS US$0.54 (vs US$0.82 loss in 1Q 2021)

Independent Director recently sold €215k worth of stock

COO & Secretary recently sold €1.9m worth of stock

G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter of Fiscal Year 2022, Ending on April 30, 2021

Full year 2021 earnings released: EPS US$0.49 (vs US$2.98 in FY 2020)

G-III Apparel Group, Ltd. to Report Q4, 2021 Results on Mar 18, 2021

New 90-day high: €25.00

New 90-day high: €24.00

G-III Apparel Reportedly Eyes Stricken Arcadia

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: €21.40

Third quarter 2021 earnings released: EPS US$1.31

Revenue beats expectations

New 90-day high: €19.90