G-III Apparel Group Ltd. announced the election of Robert Johnson, founder and chairman of The RLJ Companies, LLC and former founder and chairman of Black Entertainment Television (BET), to the company’s Board of Directors.
Morris Goldfarb, G-III’s chairman and chief Executive Officer, said “We are thrilled to welcome Bob to our Board of Directors. Bob’s success as an entrepreneur and significant business expertise across multiple industries will provide a valuable perspective as we continue to execute our strategy, drive profitability and enhance value for all our stakeholders.”
Johnson, said, “It is an honor to join the dedicated management team and Board of G-III. The company has embarked on several strategic initiatives to capitalize on its broad range of globally recognized power brands and diversified product categories to position itself well to navigate the current environment. I look forward to applying my extensive experience to assist G-III in building upon these initiatives as G-III advances its leadership position in the apparel industry.”
With the addition of Johnson, the company’s Board will now consist of twelve members, with Johnson being the eighth independent director on the Board.
G-III’s owned brands include DKNY, Donna Karan, Vilebrequin, G. H. Bass, Eliza J, Jessica Howard, Andrew Marc and Marc New York. G-III has fashion licenses under the Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Kenneth Cole, Cole Haan, Guess?, Vince Camuto, Levi’s and Dockers brands. Through its team sports business, G-III has licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, and over 150 U.S. colleges and universities
Photos courtesy GIII Apparel Group