G-III Apparel Group, Ltd. (“G-III") traces its roots back to 1956 when Aron Goldfarb, a Holocaust survivor, immigrated to the United States and established his own outerwear company located in the heart of New York City’s Garment District. As early as 1972, G-III began to diversify its offerings, when Morris Goldfarb, its current Chief Executive Officer and son of its founder, joined G-III. Morris introduced an entrepreneurial spirit to G-III which has propelled the company for more than forty years. Almost immediately, G-III expanded its sourcing, becoming one of the first companies to import outerwear from South Korea. This established a strong connection between G-III and the Pacific Rim manufacturing zone, which remains intact today. In 1981, G-III began expanding by launching its first division, Siena Leather Limited, an aspirational luxury leather sportswear company that catered to high-end department stores. In 1989, G-III became publicly traded and began intensifying its expansion efforts.
