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GIIIG-III Apparel Group, LTD.Sell5.4·$36.69+0.41%
GIII · Concentration risk · 10-K extracted

G-III Apparel Group (GIII) concentration risks

Updated

The most significant concentration G-III Apparel Group discloses is top ten customers at 67.6%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Source: G-III Apparel Group’s SEC Form 10-K filed view the filing on SEC EDGAR ↗

At a glance

Disclosed-size breakdown · 6 disclosed concentrations

HIGH2
MEDIUM1
LOW3
Disclosed concentrations

Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).

HIGHOutside partyCustomer
67.6%

top ten customers

10-K Item 1A: 'Our ten largest customers, all of which are department stores or off price accounts, accounted for approximately 67.6% of our net sales in fiscal 2026'
SEC 10-K · filed Mar 2026
HIGHBuilt-inProduct / Revenue mix
57%

owned brands

10-K Item 1: 'Our owned brands accounted for approximately 57% of our net sales in fiscal 2026, 52% of our net sales in fiscal 2025 and 47% of our net sales in fiscal 2024.'
SEC 10-K · filed Mar 2026
MEDIUMOutside partyCounterparty
43%

licensed brands

10-K Item 1A: 'In fiscal 2026, net sales of licensed product accounted for 43.0% of our net sales compared to 48.0% of our net sales in fiscal 2025'
SEC 10-K · filed Mar 2026
LOWOutside partyCustomer
20.6%

Macy's Inc. group

10-K Item 1A: 'the Macy's Inc. group (which includes sales to Macy's and Bloomingdale's store chains) accounting for approximately 20.6% of our net sales in fiscal 2026'
SEC 10-K · filed Mar 2026
LOWOutside partyCustomer
11.4%

TJX Companies

10-K Item 1A: 'TJX Companies accounted for approximately 11.4% of our net sales in fiscal 2026.'
SEC 10-K · filed Mar 2026
LOWOutside partyCustomer
11%

Ross Stores

10-K Item 1A: 'sales to Ross Stores accounted for an aggregate of 11.0% of our net sales in fiscal 2026.'
SEC 10-K · filed Mar 2026
TrendMatrix Research · concentration synthesis

What these concentrations mean together

updated 2026-07-19

G-III Apparel's concentration exposures span customer, product, and brand-licensing dimensions, several of them high-share. The company's ten largest customers, all department stores or off-price accounts, accounted for approximately 67.6% of net sales in fiscal 2026 — a high-share customer dependency concentrated in a small number of large retail accounts. Within that group, the Macy's Inc. group (including Macy's and Bloomingdale's) contributed approximately 20.6%, TJX Companies 11.4%, and Ross Stores 11.0% — three low-share individual customer dependencies that together make up a large piece of the broader top-ten figure. On the product side, owned brands accounted for approximately 57% of net sales in fiscal 2026, up from 52% in fiscal 2025 and 47% in fiscal 2024 — a high-share and growing structural shift toward company-owned product. Correspondingly, licensed product fell to 43.0% of net sales in fiscal 2026 from 48.0% in fiscal 2025, a medium-share dependency on licensor relationships that is shrinking as owned brands gain ground. The overall picture is a retailer-dependent wholesale model — with Macy's, TJX, and Ross Stores as named anchor accounts — layered on a brand mix rotating structurally away from licensed dependency toward owned-brand control, which should reduce licensor-related risk over time even as retail-customer concentration remains high.

For the engine’s reasoning on GIII’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.

Industry peers · Apparel Manufacturing

Peer concentration profile

SymbolNameHIGHMEDIUMLOWTotal
COLMColumbia Sportswear Company2518
GIIIG-III Apparel Group, LTD.2136
KTBKontoor Brands, Inc.2103
LEVILevi Strauss & Co2013
OXMOxford Industries, Inc.1012
FIGSFIGS, Inc.1001

Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.

Concentration disclosures are extracted verbatim from SEC 10-K filings; the disclosed-size classification and the synthesis above are engine-derived. Size reflects how large each exposure is against fixed share thresholds (HIGH >50%, MEDIUM 25–50%, LOW <25% or an explicit diversification statement), not a judgment of how dangerous it is, and is not a buy/sell rating, a price target, or a view on the stock. Not a complete list of risk factors — see the full filing.

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