G-III Apparel Group, Ltd. Names Barbara Kennedy President-Wholesale-Design, Merchandising & Sales of Donna Karan
January 17 2017 - 4:05PM
Business Wire
G-III Apparel Group, Ltd. (NasdaqGS:GIII) today announced the
appointment of Barbara Kennedy to the position of
President-Wholesale-Design, Merchandising and Sales of Donna
Karan.
Ms. Kennedy most recently served as President of Dresses at
Ralph Lauren Corporation where she spearheaded the successful
launch and development of the Lauren by Ralph Lauren, Chaps and
American Living brands. Prior to Ralph Lauren, Ms. Kennedy served
as President of Dresses at Jones Apparel Group where she led a
well-known portfolio of dress brands, including Jones New York,
Anne Klein, Nine West, Evan Picone and Joneswear.
Morris Goldfarb, Chairman and Chief Executive Officer of G-III
Apparel Group commented, “Barbara is one of the top women’s apparel
executives in our industry and we are thrilled to have her join us
to lead the development of the Donna Karan and DKNY wholesale
businesses. Barbara’s strong merchandising skills, as well as her
wealth of experience in the department store channel, will be an
important asset to the Donna Karan and DKNY growth plans we have
developed.”
Ms. Kennedy stated, “I have always admired the Donna Karan and
DKNY brands and see enormous opportunity ahead. I look forward to
working with the G-III and Donna Karan teams to develop the full
potential of the Donna Karan and DKNY businesses.”
About G-III Apparel Group,
Ltd.
G-III is a leading manufacturer and distributor of apparel and
accessories under licensed brands, owned brands and private label
brands. G-III’s owned brands include Donna Karan, DKNY,
Vilebrequin, Andrew Marc, Marc New York, Bass, G.H. Bass, Weejuns,
G-III Sports by Carl Banks, Eliza J, Black Rivet and Jessica
Howard. G-III has fashion licenses under the Calvin Klein, Tommy
Hilfiger, Karl Lagerfeld, Kenneth Cole, Cole Haan, Guess?, Jones
New York, Jessica Simpson, Vince Camuto, Ivanka Trump, Ellen Tracy,
Kensie, Levi's and Dockers brands. Through our team sports
business, G-III has licenses with the National Football League,
National Basketball Association, Major League Baseball, National
Hockey League, Hands High, Touch by Alyssa Milano and more than 100
U.S. colleges and universities. G-III also operates retail stores
under the Donna Karan, Wilsons Leather, Bass, G.H. Bass & Co.,
Vilebrequin and Calvin Klein Performance names.
Statements concerning G-III's business outlook or future
economic performance, anticipated revenues, expenses or other
financial items; product introductions and plans and objectives
related thereto; and statements concerning assumptions made or
expectations as to any future events, conditions, performance or
other matters 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, reliance on licensed product,
reliance on foreign manufacturers, risks of doing business abroad,
the current economic and credit environment, the nature of the
apparel industry, including changing customer demand and tastes,
customer concentration, seasonality, risks of operating a retail
business, customer acceptance of new products, the impact of
competitive products and pricing, dependence on existing
management, possible disruption from acquisitions, risks relating
to G-III’s acquisition of Donna Karan International Inc. and
general economic conditions, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170117006032/en/
For G-III Apparel Group, Ltd.Investor RelationsJames Palczynski,
203-682-8229orG-III Apparel Group, Ltd.Neal S. Nackman,
212-403-0500Chief Financial Officer
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