### 8-K - 8-K
G III APPAREL GROUP LTD /DE/_May 26, 2026
0000821002 2026-05-26 2026-05-26
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 27, 2026 ( May 26, 2026 )
G-III APPAREL GROUP, LTD.
(Exact Name of Registrant as Specified in its Charter)
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|
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Delaware
(State or Other Jurisdiction
of Incorporation)
| 0-18183
(Commission File Number)
| 41-1590959
(IRS Employer
Identification No.)
|
(Address of principal executive offices)
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512 Seventh Avenue
New York , New York
(Address of Principal Executive Offices)
| 10018
(Zip Code)
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( 212 ) 403-0500
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2 below):
☐
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
| Trading Symbol(s)
| Name of each exchange on which registered
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Common Stock, $0.01 par value per share
| GIII
| The Nasdaq Stock Market
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If 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. ☐
Item 8.01 OTHER EVENTS.
On May 26, 2026, the Board of Directors of the Company declared a quarterly cash dividend of $0.10 per share in respect of the Company’s common stock (the “Dividend”). The Dividend will be paid on July 8, 2026 to all stockholders of record of issued and outstanding shares of the Company’s common stock as of June 22, 2026.
Item 9.01 Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Shell Company Transactions
None.
(d) Exhibits .
99.1
| Press release of G-III Apparel Group, Ltd. issued on May 27, 2026 relating to its quarterly dividend payment.
|
104
| Cover Page Interactive Data File (embedded within the Inline XBRL document).
|
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EXHIBIT INDEX
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Exhibit
No.
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Description
|
99.1
| Press release of G-III Apparel Group, Ltd. issued on May 27, 2026 relating to its quarterly dividend payment.
|
104
| Cover Page Interactive Data File (embedded within the Inline XBRL document).
|
-3-
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| G-III APPAREL GROUP, LTD.
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|
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Date: May 27, 2026
| By:
| /s/ Neal S. Nackman
|
| Name:
| Neal S. Nackman
|
| Title:
| Chief Financial Officer
|
-4-
### EX-99.1 - EX-99.1
EX-99.1
2
giii-20260526xex99d1.htm
EX-99.1
Fulbright & Jaworski L.L.P. Document
Exhibit 99.1
G-III APPAREL GROUP, LTD.
G-III Apparel Group Declares Quarterly Dividend
G-III Apparel Group, Ltd. (NASDAQ: GIII) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share. The dividend is payable on July 8, 2026 to stockholders of record on June 22, 2026.
About G-III Apparel Group, Ltd.
G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing. The Company owns and licenses a portfolio of more than 30 preeminent brands, each differentiated by unique brand propositions, product categories, and consumer touchpoints. G-III owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin, and licenses over 20 of the most sought-after names in global fashion, including Calvin Klein, Tommy Hilfiger, Levi’s, Nautica, Halston, Champion, Converse, BCBG, French Connection, Starter and major national sports leagues, among others.
Statements concerning G-III's expectations regarding future events are "forward-looking statements" as that term is defined under the federal securities laws. Forward-looking statements are subject to risks, uncertainties and factors which include, but are not limited to, risks related to the reliance on licensed product, risks relating to G-III’s ability to increase revenues from sales of its other products, new acquired businesses or new license agreements as licenses for Calvin Klein and Tommy Hilfiger product expire on a staggered basis, reliance on foreign manufacturers, risks of doing business abroad, supply chain disruptions, risks related to acts of terrorism and the effects of war, the current economic and credit environment risks related to our indebtedness, the nature of the apparel industry, including changing customer demand and tastes, customer concentration, seasonality, risks of operating a retail business, risks related to G-III’s ability to reduce the losses incurred in its retail operations, customer acceptance of new products, the impact of competitive products and pricing, dependence on existing management, possible disruption from acquisitions, the impact on G-III’s business of the imposition of tariffs by the United States government and business and general economic conditions, including inflation and higher interest rates, as well as other risks detailed in G-III's filings with the Securities and Exchange Commission. G-III assumes no obligation to update the information in this release.
Investor Relations Contact:
Nick Bacchus
SVP of Investor Relations and Treasurer
IR@g-iii.com
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