HIGHOutside partyCustomer
67.6%
top ten customers
“10-K Item 1A: 'Our ten largest customers, all of which are department stores or off price accounts, accounted for approximately 67.6% of our net sales in fiscal 2026'”
GIII · Concentration risk · 10-K extracted
G-III Apparel Group (GIII) concentration risks
Updated
The most significant concentration G-III Apparel Group discloses is top ten customers at 67.6%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: G-III Apparel Group’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 6 disclosed concentrations
HIGH2
MEDIUM1
LOW3
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inProduct / Revenue mix
57%
owned brands
“10-K Item 1: 'Our owned brands accounted for approximately 57% of our net sales in fiscal 2026, 52% of our net sales in fiscal 2025 and 47% of our net sales in fiscal 2024.'”
MEDIUMOutside partyCounterparty
43%
licensed brands
“10-K Item 1A: 'In fiscal 2026, net sales of licensed product accounted for 43.0% of our net sales compared to 48.0% of our net sales in fiscal 2025'”
LOWOutside partyCustomer
20.6%
Macy's Inc. group
“10-K Item 1A: 'the Macy's Inc. group (which includes sales to Macy's and Bloomingdale's store chains) accounting for approximately 20.6% of our net sales in fiscal 2026'”
LOWOutside partyCustomer
11.4%
TJX Companies
“10-K Item 1A: 'TJX Companies accounted for approximately 11.4% of our net sales in fiscal 2026.'”
LOWOutside partyCustomer
11%
Ross Stores
“10-K Item 1A: 'sales to Ross Stores accounted for an aggregate of 11.0% of our net sales in fiscal 2026.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-12G-III Apparel's concentration exposures span customer, product, and licensing dimensions, and several reinforce one another. The ten largest customers, all department stores or off-price accounts, accounted for approximately 67.6% of net sales in fiscal 2026, a high-share dependency that anchors the business to a narrow retail channel. Within that customer base, three named accounts stand out at a low-share level: the Macy's Inc. group at approximately 20.6%, TJX Companies at approximately 11.4%, and Ross Stores at 11.0%. On the product side, owned brands accounted for approximately 57% of net sales in fiscal 2026, up from 52% in fiscal 2025 and 47% in fiscal 2024, a high-share and growing structural concentration. Licensed product net sales, by contrast, were 43.0% of net sales in fiscal 2026 compared to 48.0% in fiscal 2025, a medium-share and declining dependency on licensor relationships. Together, these exposures show a business increasingly weighted toward its own brands and away from licensed product, while remaining structurally dependent on a small handful of large department-store and off-price customers — a combination where the customer concentration, not the product mix, is the more consequential risk to the overall thesis.
For the engine’s reasoning on GIII’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Apparel Manufacturing
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| COLM | Columbia Sportswear Company | 2 | 5 | 1 | 8 |
| GIII● | G-III Apparel Group, LTD. | 2 | 1 | 3 | 6 |
| KTB | Kontoor Brands, Inc. | 2 | 1 | 0 | 3 |
| LEVI | Levi Strauss & Co | 2 | 0 | 1 | 3 |
| OXM | Oxford Industries, Inc. | 1 | 0 | 1 | 2 |
| FIGS | FIGS, Inc. | 1 | 0 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.