GIII

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Fabulous Fur Hoody by GIII

The creation of G-III Apparel Group began in 1956 when Aron Goldfard  founded G&N Sportwear. He developed a European mastery of craftsmanship and brought that skill to the United States. His son, Morris Goldfarb, later joined the business in 1972 and is currently a Chief Executive Officer.

The business was reorganized in 1974 and became known as G-III Leather Fashions, Inc. In order to expand, they soon opened overseas production facilities and sold moderately price, fashion-oriented leather apparel for women. After expanding their product line further, G-III Leather Fashions began to sell higher priced and more fashionable women’s leather under the Siena label in 1981 remaining  a minor segment of the companies overall business.

By 1988, G-III Leather Fashions became one of  the largest United States based importer and wholesalers of leather apparel. Though growing rapidly, the company was under capitalized just as many other leather based designers. G-III Leather Fashions then attracted the interest of a Minnesota-based entrepreneur named Lyle Berman who had been successful in organizing Ante Corp in becoming a venture capital firm. Lyle Berman was able to add to add his expertise concerning men’s wear since the expertise of G-III Leather Fashions had primarily been for women’s wear. A deal was later made whereby Ante Corp acquired G-III Leather Fashions through an exchange of stock. Still, the Goldfarbs remained in charge of the management of G-III Leather Fashions as they always had.

Nebraska Victory Hoody by GIII

In 1990, G-III Leather Fashions formed a textile division in order to import, market, and design a moderately priced line of women’s textile sportswear and outerwear under the L.L. Colebrook label. In 1993, G-III Leather Fashions signed a licensing agreement to create a line of outerwear that was developed as a joint venture with a Washington Redskins linebacker named Carl Banks. The agreement allowed for the production of Team NFL licensed leather outerwear. A few years later, a 1995 licensing agreement that was made with Kenneth Cole Production allowed for G-III Leather Fashions to create and market several labels that bore the brand name of Kenneth Cole in their  high-tech nylons, leather, rubberized fabrics, and moss microfiber.

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