G-III Apparel Group, Ltd. Names Fran Della Badia President of AM Retail Group
08 January 2019 - 11:01PM
Business Wire
G-III Apparel Group, Ltd. (NasdaqGS:GIII) today announced the
appointment of Fran Della Badia as President of AM Retail Group,
Inc., the retail subsidiary of G-III that operates stores and
websites for its DKNY, Wilsons Leather, G.H. Bass and Karl
Lagerfeld Paris brands and stores for the Calvin Klein Performance
brand.
An industry veteran, Ms. Della Badia previously served as the
CEO of Worth Collection, Ltd., a women’s fashion apparel company,
and Bonobos, a leading menswear retailer. Prior to her time at
Bonobos, she worked for over 15 years at Coach, ultimately serving
as President of North American Retail. Recently, she has been
consulting and advising female-led start-ups.
Morris Goldfarb, Chairman and Chief Executive Officer of G-III
Apparel Group, commented, “Fran is an extremely talented retail
apparel and accessories merchant who comes to us with a wealth of
experience. We are excited to have her join us to lead the
revitalization and development of our retail businesses. Fran’s
strong merchandising and operational skills will be an important
asset to our goal of bringing these businesses back to
profitability.”
Ms. Della Badia stated, “I have always admired how G-III has
built an incredible operation over the years. I see a great
opportunity to turn around its retail operations and look forward
to working with the G-III and AM Retail teams to develop the full
potential of their brick and mortar and online retail
businesses.”
About G-III Apparel Group,
Ltd.
G-III designs, sources and markets apparel and accessories under
owned, licensed and private label brands. G-III’s owned brands
include DKNY, Donna Karan, Vilebrequin, G. H. Bass, Andrew Marc,
Marc New York, Eliza J and Jessica Howard. G- III has fashion
licenses under the Calvin Klein, Tommy Hilfiger, Karl Lagerfeld
Paris, Kenneth Cole, Cole Haan, Guess?, Vince Camuto, 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, and
over 150 U.S. colleges and universities. G-III also operates retail
stores under the DKNY, Wilsons Leather, G. H. Bass, Vilebrequin,
Karl Lagerfeld Paris 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 operations of the Donna Karan International Inc., the
impact on our business of the imposition of tariffs by the United
States government and business 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: https://www.businesswire.com/news/home/20190108005170/en/
Company:Priya TrivediVP of
Investor Relations and Treasurer(646) 473-5157Investor Relations:Tom FilandroICR,
Inc.(646) 277-1235
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