Insider Activity: Chief Executive Officer at G III Apparel Group (GIII) Buys $1 Million in Stock
Morris Goldfarb, Chief Executive Officer at G III Apparel Group (GIII), bought 40,000 shares of the company’s common stock on Jul 11. At $26.47 per share, Goldfarb paid a total of $1,058,800 for the new shares.
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About G-III Apparel Group LTD.
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.