Morris Goldfarb

Chairman & Chief Executive Officer, G-III APPAREL GROUP LTD

Search every verified Morris Goldfarb interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Morris Goldfarb, Chairman and Chief Executive Officer of G-III Apparel Group, discussed the company's financial results and strategic direction during its fiscal second quarter 2026 earnings call. He noted that the company's first quarter results included net sales of $536 million, with non-GAAP gross margins expanding by 350 basis points, driven by full-price sales and growth in owned brands. Management also cited a volatile macroeconomic backdrop and the ongoing Middle East conflict as factors impacting global consumer sentiment, while raising the company's fiscal 2025 outlook following the quarter's performance and the acquisition of the Marc Jacobs brand. Goldfarb addressed the company's recent acquisition of Marc Jacobs, stating that G-III is acquiring the brand "because of its cultural relevance and creative authority, not to change what is special." He expressed a long-term view that the business "can generate a billion dollars in annual revenues for G-III," and highlighted untapped potential in the brand's international operations, noting that the company has "not even touched on the international component of Donna Karan," which he said has "an appetite for it." He indicated that further details on the brand's development would be provided in the coming quarter.