---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-002481"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2026-09-02T11:30:18+00:00"
generated_at: "2026-09-02T11:35:41.071163+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# G-III closes $500M Marc Jacobs acquisition; Q2 GAAP EPS $0.46, raises FY27 guidance

## Summary
- Closed acquisition of Marc Jacobs from LVMH on Sept 1, 2026; $500M investment funded by cash and revolver.
- Formed 50/50 JV with WHP Global to own Marc Jacobs IP; G-III operates business under license through Dec 2041.
- Q2 net sales $554.1M, down 10% YoY; gross margin 45.2% up 440bps; GAAP EPS $0.46 vs $0.25.
- Raises FY2027 guidance: GAAP EPS $4.10-4.20, non-GAAP $2.20-2.30; excludes Marc Jacobs, slightly dilutive in FY27.
- Targets $1B long-term annual revenue from Marc Jacobs; Marc Jacobs remains Founder and Creative Director.

## SEC filing metadata
- accession: 0000950142-26-002481
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2026-09-02T11:30:18+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821002/000095014226002481/0000950142-26-002481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000095014226002481/eh260826006_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-002481
- JSON: https://secwatch.observer/filing/0000950142-26-002481.json
- Plain text: https://secwatch.observer/filing/0000950142-26-002481.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.