{"url_path":"/sec/giii/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-08","source_url":"https://www.sec.gov/Archives/edgar/data/821002/0001104659-26-071371-index.html","accession_number":"0001104659-26-071371","cik":"0000821002","ticker":"GIII","issuer_name":"G III APPAREL GROUP LTD /DE/","edgar_url":"https://www.sec.gov/Archives/edgar/data/821002/0001104659-26-071371-index.html","primary_entity_key":"0000821002","primary_entity_name":"G III APPAREL GROUP LTD /DE/"},"word_count":650,"has_tables":true,"body_markdown":"G III APPAREL GROUP LTD /DE/_April 30, 2026\n\nhttp://fasb.org/us-gaap/2025#OperatingLeaseRightOfUseAssethttp://fasb.org/us-gaap/2025#OperatingLeaseLiabilityCurrenthttp://fasb.org/us-gaap/2025#OperatingLeaseLiabilityNoncurrentG III APPAREL GROUP LTD /DE/0000821002--01-312026Q1falseP1YP1Y1http://fasb.org/us-gaap/2025#AccountsPayableCurrenthttp://fasb.org/us-gaap/2025#AccountsPayableCurrent0000821002us-gaap:TreasuryStockCommonMember2026-02-012026-04-300000821002us-gaap:TreasuryStockCommonMember2026-04-300000821002us-gaap:RetainedEarningsMember2026-04-300000821002us-gaap:AdditionalPaidInCapitalMember2026-04-300000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-04-300000821002us-gaap:TreasuryStockCommonMember2026-01-310000821002us-gaap:RetainedEarningsMember2026-01-310000821002us-gaap:AdditionalPaidInCapitalMember2026-01-310000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-01-310000821002us-gaap:TreasuryStockCommonMember2025-04-300000821002us-gaap:RetainedEarningsMember2025-04-300000821002us-gaap:AdditionalPaidInCapitalMember2025-04-300000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-04-300000821002us-gaap:TreasuryStockCommonMember2025-01-310000821002us-gaap:RetainedEarningsMember2025-01-310000821002us-gaap:AdditionalPaidInCapitalMember2025-01-310000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-310000821002srt:MinimumMemberus-gaap:UnsecuredDebtMember2026-04-300000821002srt:MaximumMemberus-gaap:UnsecuredDebtMember2026-04-300000821002us-gaap:CommonStockMember2026-04-300000821002us-gaap:CommonStockMember2026-01-310000821002us-gaap:CommonStockMember2025-04-300000821002us-gaap:CommonStockMember2025-01-310000821002us-gaap:OperatingSegmentsMembergiii:ProprietaryBrandsMembergiii:WholesaleMember2026-02-012026-04-300000821002us-gaap:OperatingSegmentsMembergiii:ProprietaryBrandsMembergiii:RetailSegmentMember2026-02-012026-04-300000821002us-gaap:OperatingSegmentsMembergiii:LicensedBrandsMembergiii:WholesaleMember2026-02-012026-04-300000821002us-gaap:OperatingSegmentsMembergiii:ProprietaryBrandsMembergiii:WholesaleMember2025-02-012025-04-300000821002us-gaap:OperatingSegmentsMembergiii:ProprietaryBrandsMembergiii:RetailSegmentMember2025-02-012025-04-300000821002us-gaap:OperatingSegmentsMembergiii:LicensedBrandsMembergiii:WholesaleMember2025-02-012025-04-300000821002us-gaap:RetainedEarningsMember2025-02-012025-04-300000821002giii:AwwgInvestmentsB.v.Member2026-04-300000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:RevolvingCreditFacilityMember2026-04-300000821002us-gaap:LongTermDebtMemberus-gaap:UnsecuredDebtMember2026-04-300000821002us-gaap:LongTermDebtMemberus-gaap:LineOfCreditMember2026-04-300000821002us-gaap:LongTermDebtMemberus-gaap:ForeignLineOfCreditMember2026-04-300000821002us-gaap:UnsecuredDebtMember2026-04-300000821002us-gaap:LongTermDebtMember2026-04-300000821002giii:OverdraftFacilityMember2026-04-300000821002us-gaap:LongTermDebtMemberus-gaap:UnsecuredDebtMember2026-01-310000821002us-gaap:LongTermDebtMemberus-gaap:LineOfCreditMember2026-01-310000821002us-gaap:LongTermDebtMemberus-gaap:ForeignLineOfCreditMember2026-01-310000821002us-gaap:LongTermDebtMember2026-01-310000821002us-gaap:LongTermDebtMemberus-gaap:UnsecuredDebtMember2025-04-300000821002us-gaap:LongTermDebtMemberus-gaap:LineOfCreditMember2025-04-300000821002us-gaap:LongTermDebtMemberus-gaap:ForeignLineOfCreditMember2025-04-300000821002us-gaap:LongTermDebtMember2025-04-300000821002srt:MinimumMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2026-02-012026-04-300000821002srt:MaximumMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2026-02-012026-04-300000821002giii:OverdraftFacilityMembergiii:HsbcBankMember2026-04-300000821002us-gaap:ForeignLineOfCreditMember2026-04-300000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2024-06-040000821002giii:SeniorSecuredCreditFacilityMembergiii:SecondAmendedAndRestatedCreditAgreementMember2024-06-030000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2026-02-012026-04-300000821002giii:SubsidiaryOfVilebrequinMemberus-gaap:ForeignLineOfCreditMember2026-04-300000821002giii:OverdraftFacilityMembergiii:UbsBankMember2026-04-300000821002us-gaap:StandbyLettersOfCreditMember2026-04-300000821002us-gaap:LetterOfCreditMember2026-04-300000821002srt:MinimumMember2026-04-300000821002srt:MaximumMember2026-04-300000821002us-gaap:SellingGeneralAndAdministrativeExpensesMember2026-02-012026-04-300000821002us-gaap:SellingGeneralAndAdministrativeExpensesMember2025-02-012025-04-300000821002giii:O2026Q2DividendsMemberus-gaap:SubsequentEventMember2026-05-260000821002giii:O2026Q1DividendsMember2026-03-120000821002us-gaap:RetainedEarningsMember2026-02-012026-04-300000821002giii:O2026Q2DividendsMemberus-gaap:SubsequentEventMember2026-05-012026-05-260000821002giii:O2026Q1DividendsMember2026-03-122026-03-120000821002giii:SeniorSecuredCreditFacilityMember2026-04-300000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2024-06-042024-06-040000821002us-gaap:UnsecuredDebtMember2026-02-012026-04-300000821002giii:SeniorSecuredCreditFacilityMembergiii:SecondAmendedAndRestatedCreditAgreementMember2024-06-042024-06-040000821002srt:MinimumMembergiii:OverdraftFacilityMembergiii:UbsBankMember2026-04-300000821002srt:MaximumMembergiii:OverdraftFacilityMembergiii:UbsBankMember2026-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:UnsecuredDebtMember2026-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:LineOfCreditMember2026-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:ForeignLineOfCreditMember2026-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:UnsecuredDebtMember2026-01-310000821002us-gaap:FairValueInputsLevel2Memberus-gaap:LineOfCreditMember2026-01-310000821002us-gaap:FairValueInputsLevel2Memberus-gaap:ForeignLineOfCreditMember2026-01-310000821002us-gaap:FairValueInputsLevel2Memberus-gaap:UnsecuredDebtMember2025-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:LineOfCreditMember2025-04-300000821002us-gaap:FairValueInputsLevel2Memberus-gaap:ForeignLineOfCreditMember2025-04-300000821002giii:SubsidiaryOfVilebrequinMemberus-gaap:ForeignLineOfCreditMembergiii:EuroShortTermRateMember2026-02-012026-04-300000821002giii:OverdraftFacilityMembergiii:HsbcBankMembergiii:EuroInterbankOfferedRateMember2026-02-012026-04-300000821002us-gaap:ForeignLineOfCreditMembergiii:EuroInterbankOfferedRateMember2026-02-012026-04-300000821002srt:MinimumMembergiii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2024-06-042024-06-040000821002srt:MinimumMembergiii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:BaseRateMember2024-06-042024-06-040000821002srt:MaximumMembergiii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2024-06-042024-06-040000821002srt:MaximumMembergiii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:BaseRateMember2024-06-042024-06-040000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2024-06-042024-06-040000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMemberus-gaap:FederalFundsEffectiveSwapRateMember2024-06-042024-06-040000821002us-gaap:IntersegmentEliminationMember2026-02-012026-04-300000821002us-gaap:IntersegmentEliminationMember2025-02-012025-04-300000821002giii:RetailSegmentMember2026-02-012026-04-300000821002giii:RetailSegmentMember2025-02-012025-04-300000821002us-gaap:OperatingSegmentsMemberus-gaap:CorporateMember2026-04-300000821002us-gaap:OperatingSegmentsMembergiii:WholesaleMember2026-04-300000821002us-gaap:OperatingSegmentsMembergiii:RetailSegmentMember2026-04-300000821002us-gaap:OperatingSegmentsMemberus-gaap:CorporateMember2026-01-310000821002us-gaap:OperatingSegmentsMembergiii:WholesaleMember2026-01-310000821002us-gaap:OperatingSegmentsMembergiii:RetailSegmentMember2026-01-310000821002us-gaap:OperatingSegmentsMemberus-gaap:CorporateMember2025-04-300000821002us-gaap:OperatingSegmentsMembergiii:WholesaleMember2025-04-300000821002us-gaap:OperatingSegmentsMembergiii:RetailSegmentMember2025-04-300000821002giii:WholesaleMember2026-02-012026-04-300000821002giii:WholesaleMember2025-02-012026-01-3100008210022025-02-012026-01-310000821002giii:WholesaleMember2025-02-012025-04-300000821002giii:WholesaleMember2025-01-310000821002giii:RetailSegmentMember2025-01-3100008210022025-01-310000821002us-gaap:AdditionalPaidInCapitalMember2026-02-012026-04-300000821002giii:WholesaleMember2026-04-300000821002giii:RetailSegmentMember2026-04-300000821002giii:WholesaleMember2026-01-310000821002giii:RetailSegmentMember2026-01-310000821002giii:WholesaleMember2025-04-300000821002giii:RetailSegmentMember2025-04-300000821002us-gaap:AdditionalPaidInCapitalMember2025-02-012025-04-300000821002us-gaap:OperatingSegmentsMembergiii:WholesaleMember2026-02-012026-04-300000821002us-gaap:OperatingSegmentsMembergiii:RetailSegmentMember2026-02-012026-04-300000821002us-gaap:OperatingSegmentsMembergiii:WholesaleMember2025-02-012025-04-300000821002us-gaap:OperatingSegmentsMembergiii:RetailSegmentMember2025-02-012025-04-300000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-02-012026-04-300000821002us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-02-012025-04-300000821002srt:SubsidiariesMembergiii:PvhLitigationMember2025-06-132025-06-130000821002giii:PvhLitigationMember2025-06-132025-06-130000821002us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2026-04-300000821002us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2026-01-310000821002us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2025-04-3000008210022026-04-3000008210022026-01-3100008210022025-04-300000821002giii:SeniorSecuredCreditFacilityMembergiii:ThirdAmendedAndRestatedAblCreditAgreementMember2026-04-300000821002us-gaap:TreasuryStockCommonMember2025-02-012025-04-3000008210022025-02-012025-04-300000821002us-gaap:SubsequentEventMember2026-05-142026-05-1400008210022026-06-0300008210022026-02-012026-04-30xbrli:sharesiso4217:USDxbrli:puregiii:itemgiii:entityiso4217:USDxbrli:sharesiso4217:EURiso4217:CHFgiii:segment\n\n[Table of Contents](#TOC)\n\n​\n\n​\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n​\n\n**FORM****10-Q**\n\n​\n\n**(Mark One)**\n\n**☒**\n\n**QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n​\n\n**For the quarterly period ended****April 30, 2026**\n\n​\n\n**or**\n\n​\n\n**☐**\n\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n​\n\n**For the transition period from****        ****to****      **\n\n \n\n**Commission File Number:****0-18183**\n\n **G-III APPAREL GROUP, LTD****.**\n\n**(Exact name of registrant as specified in its charter) **\n\n** **\n\n**Delaware**\n\n  ​ ​ ​\n\n**41-1590959**\n\n**(State or other jurisdiction of**\n\n \n\n**(I.R.S. Employer**\n\n**incorporation or organization)**\n\n \n\n**Identification No.)**\n\n \n\n \n\n \n\n**512 Seventh Avenue****,****New York****,****New York**\n\n \n\n**10018**\n\n**(Address of principal executive offices)**\n\n \n\n**(Zip Code)**\n\n​\n\n**(****212****)****403-0500**\n\n**(Registrant’s telephone number, including area code)**\n\n​\n\n**(Former name, former address and former fiscal year, if changed since last report)**\n\n​\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n​\n\n​\n\n​\n\nTitle of each class\n\nTrading Symbol(s)\n\nName of each exchange on which registered\n\nCommon Stock, $0.01 par value per share\n\nGIII\n\nThe Nasdaq Stock Market\n\n​\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes **☒**     No **☐**\n\n​\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files.)  Yes **☒**     No **☐**\n\n​\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n​\n\nLarge accelerated filer\n\n**☒**\n\nAccelerated filer\n\n**☐**\n\nNon-accelerated filer\n\n**☐**\n\nSmaller reporting company\n\n**☐**\n\nEmerging growth company\n\n**☐**\n\n \n\n \n\n​\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. **☐**\n\n​\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes **☐**    No **☒**\n\n​\n\nAs of June 3, 2026, there were 42,190,573 shares of issuer’s common stock, par value $0.01 per share, outstanding.\n\n​\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\nTABLE OF CONTENTS\n\n  ​ ​ ​\n\n**Page No.**\n\n[Part I](#PARTIFINANCIALINFORMATION_626175)\n\n[FINANCIAL INFORMATION](#PARTIFINANCIALINFORMATION_626175)\n\n​\n\n​\n\n[Item 1.](#Item1FinancialStatements_584850)\n\n[Financial Statements](#Item1FinancialStatements_584850)\n\n​\n\n​\n\n[Condensed Consolidated Balance Sheets – April 30, 2026 (Unaudited), April 30, 2025 (Unaudited) and January 31, 2026](#BALANCESHEETS_VCW)\n\n​\n\n3\n\n[Condensed Consolidated Statements of Income and Comprehensive Income – For the Three Months Ended April 30, 2026 and 2025 (Unaudited)](#IncomeStatement_VCW)\n\n​\n\n4\n\n​\n\n[Condensed Consolidated Statements of Stockholders’ Equity – April 30, 2026 and April 30, 2025 (Unaudited)](#EquityStatement_VCW)\n\n​\n\n5\n\n[Condensed Consolidated Statements of Cash Flows – For the Three Months Ended April 30, 2026 and 2025 (Unaudited)](#CashFlowStatement_VCW)\n\n​\n\n6\n\n[Notes to Condensed Consolidated Financial Statements](#NOTESTOCONDENSEDCONSOLIDATED_476308)\n\n​\n\n7\n\n[Item 2.](#Item2ManagementsDiscussion_401041)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#Item2ManagementsDiscussion_401041)\n\n​\n\n19\n\n[Item 3.](#Item3Quantitative_475780)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#Item3Quantitative_475780)\n\n​\n\n30\n\n[Item 4.](#Item4ControlsandProcedures_978659)\n\n[Controls and Procedures](#Item4ControlsandProcedures_978659)\n\n​\n\n30\n\n​\n\n​\n\n​\n\n​\n\n[Part II](#PARTIIOTHERINFORMATION_14841)\n\n[OTHER INFORMATION](#PARTIIOTHERINFORMATION_14841)\n\n​\n\n​\n\n[Item 1A.](#Item1ARiskFactors_273079)\n\n[Risk Factors](#Item1ARiskFactors_273079)\n\n​\n\n31\n\n[Item 5.](#Item5OtherInformation_516384)\n\n[Other Information](#Item5OtherInformation_516384)\n\n​\n\n33\n\n[Item 6.](#Exhibits)\n\n[Exhibits](#Exhibits)\n\n​\n\n34\n\n​\n\n​\n\n2\n\n[Table of Contents](#TOC)\n\n​\n\nPART I – FINANCIAL INFORMATION"}