G-III Apparel Group Ltd. announced that, effective July 1, Wayne Miller would step down as chief operating officer and become a senior strategic advisor to the company.
In his new role, Miller will assist in the transition of his day-to-day responsibilities and advise the company on various aspects of corporate strategy. Miller will continue to report to Morris Goldfarb, chairman and CEO.
Goldfarb said, “On behalf of our Board and global team, I want to sincerely thank Wayne for his 23 years of dedication, leadership and significant contributions in helping build G-III into the exceptional company that it is today. Wayne has been instrumental in the acquisition and development of many of the businesses we currently have. I am pleased that Wayne will stay on as a key strategic advisor and continue to assist us in charting our path towards success and prosperity.”
Miller said, “It has been an incredible 23 years, and I have been fortunate to have had the opportunity to work with Morris and the rest of the world class team to grow G-III into a financially strong, well diversified company with a portfolio of globally recognized brands. In my new capacity, I look forward to my continued contribution towards G-III’s long-term growth.”
G-III’s five “power brands” are DNKY, Donna Karen, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. Other owned brands include Vilebrequin, G.H. Bass, Eliza J, Jessica Howard, Andrew Marc, and Marc New York. The company also has a fan apparel business that includes MSX By Michael Strahan for NFL, Touch by Alyssa Milano, Starter jackets, GIII for Her, and GIII Sports by Carl Banks.
Photos courtesy G-III Apparel Group Ltd.