G-III Apparel Group Ltd. Files Definitive Proxy Statement

Ticker: GIII · Form: DEF 14A · Filed: May 10, 2024 · CIK: 821002

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Executive Compensation, Equity Awards, G-III Apparel Group

TL;DR

<b>G-III Apparel Group, Ltd. has filed its Definitive Proxy Statement for the fiscal year ending January 31, 2024, detailing executive compensation and equity awards.</b>

AI Summary

G III APPAREL GROUP LTD /DE/ (GIII) filed a Proxy Statement (DEF 14A) with the SEC on May 10, 2024. G-III Apparel Group, Ltd. filed a Definitive Proxy Statement (DEF 14A) on May 10, 2024. The filing covers the fiscal year ending January 31, 2024. The company's principal executive offices are located at 512 Seventh Ave, New York, NY 10018. The filing includes data related to equity awards for both PEO and Non-PEO members for fiscal years 2022, 2023, and 2024. G-III Apparel Group, Ltd. was formerly known as Ante Corp, with a name change on November 20, 1989.

Why It Matters

For investors and stakeholders tracking G III APPAREL GROUP LTD /DE/, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation, stock performance, and voting matters ahead of the annual meeting. Understanding the details of equity awards and adjustments is important for shareholders to assess management's alignment with company performance and long-term value creation.

Risk Assessment

Risk Level: low — G III APPAREL GROUP LTD /DE/ shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial results or significant operational updates, indicating a low level of immediate risk.

Analyst Insight

Shareholders should review the executive compensation details and voting proposals within this proxy statement to make informed decisions at the upcoming annual meeting.

Key Numbers

Key Players & Entities

FAQ

When did G III APPAREL GROUP LTD /DE/ file this DEF 14A?

G III APPAREL GROUP LTD /DE/ filed this Proxy Statement (DEF 14A) with the SEC on May 10, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by G III APPAREL GROUP LTD /DE/ (GIII).

Where can I read the original DEF 14A filing from G III APPAREL GROUP LTD /DE/?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by G III APPAREL GROUP LTD /DE/.

What are the key takeaways from G III APPAREL GROUP LTD /DE/'s DEF 14A?

G III APPAREL GROUP LTD /DE/ filed this DEF 14A on May 10, 2024. Key takeaways: G-III Apparel Group, Ltd. filed a Definitive Proxy Statement (DEF 14A) on May 10, 2024.. The filing covers the fiscal year ending January 31, 2024.. The company's principal executive offices are located at 512 Seventh Ave, New York, NY 10018..

Is G III APPAREL GROUP LTD /DE/ a risky investment based on this filing?

Based on this DEF 14A, G III APPAREL GROUP LTD /DE/ presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial results or significant operational updates, indicating a low level of immediate risk.

What should investors do after reading G III APPAREL GROUP LTD /DE/'s DEF 14A?

Shareholders should review the executive compensation details and voting proposals within this proxy statement to make informed decisions at the upcoming annual meeting. The overall sentiment from this filing is neutral.

How does G III APPAREL GROUP LTD /DE/ compare to its industry peers?

G-III Apparel Group operates in the apparel industry, designing, manufacturing, and marketing a wide range of branded and private label apparel products.

Are there regulatory concerns for G III APPAREL GROUP LTD /DE/?

This filing is a standard DEF 14A (Definitive Proxy Statement) required by the SEC for public companies to solicit proxies from shareholders for annual meetings.

Industry Context

G-III Apparel Group operates in the apparel industry, designing, manufacturing, and marketing a wide range of branded and private label apparel products.

Regulatory Implications

This filing is a standard DEF 14A (Definitive Proxy Statement) required by the SEC for public companies to solicit proxies from shareholders for annual meetings.

What Investors Should Do

  1. Review the detailed executive compensation tables and disclosures.
  2. Understand the proposals to be voted on at the shareholder meeting.
  3. Analyze the information on equity awards and their adjustments for PEO and Non-PEO members.

Year-Over-Year Comparison

This filing is a DEF 14A, which is a routine disclosure for proxy solicitation and does not represent a change from previous filings in terms of financial performance or operational status.

Filing Stats: 4,731 words · 19 min read · ~16 pages · Grade level 14.8 · Accepted 2024-05-10 16:05:51

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION TABLES

EXECUTIVE COMPENSATION TABLES 10 Corporate Social Responsibility 54 CEO PAY RATIO 12 Human Capital 55 PAY VS. PERFORMANCE 13

Executive Compensation Highlights

Executive Compensation Highlights 59 DIRECTOR COMPENSATION 15 BENEFICIAL OWNERSHIP OF COMMON STOCK BY CERTAIN STOCKHOLDERS AND MANAGEMENT 61 PROPOSAL NO. 1 ELECTION OF DIRECTORS 18 CORPORATE GOVERNANCE 67 PROPOSAL NO. 2 ADVISORY VOTE ON COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 18 Board of Directors 18 Audit Committee 68 AUDIT COMMITTEE REPORT 19 Compensation Committee 69 PRINCIPAL ACCOUNTING FEES AND SERVICES 20 Nominating and Corporate Governance Committee 70 PROPOSAL NO. 3 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 22 Stockholder Communications 71 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 23 Risk Oversight 72 STOCKHOLDER PROPOSALS 23 Leadership Structure of the Board 73 OTHER BUSINESS 24 Additional Corporate Governance Policies How to Vote in Advance Your vote is important. Please vote as soon as possible by one of the methods shown below. Be sure to have your proxy card or voting instruction form in hand and follow the below instructions: By telephone – You can vote your shares by calling the number on your proxy card or voting instruction form By Internet – You can vote your shares online at the website shown on your proxy card or voting instruction form By mail – Complete, sign, date and return your proxy card or voting instruction form in the postage-paid envelope provided 2024 PROXY STATEMENT / i Table of Contents G-III APPAREL GROUP, LTD. 512 SEVENTH AVENUE NEW YORK, NEW YORK 10018 PROXY STATEMENT General Information This Proxy Statement (first mailed to stockholders on or about May 10, 2024) is furnished to the holders of common stock, par value $0.01 per share ("Common Stock"), of G-III Apparel Group, Ltd. ("G-III") in connection with the solicitation by our Board of Directors of proxies for use at the Annual Meeting of Stockholders (the "Annual Meeting"), or at any adjournment thereof, pursuant to the accompanying Notic

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