New Licensed Sports Apparel Features Logos and Designs from NFL,
NBA, MLB and NHL Teams That Will Be Located Under a Fan's Arms
NEW YORK--(BUSINESS WIRE)--
G-III Apparel Group, Ltd. (Nasdaq GS:GIII), a leading manufacturer and
distributor of apparel and accessories, today announced the launch of
Hands High - a new licensed sports apparel line inspired by Tonight Show
host and comedian, Jimmy Fallon. Hands High will feature professional
team logos from the NFL, NBA, MLB and NHL that will be located in a new
place— under a fan's arms. Hands High will be available this month at
retailers throughout the country, as well as at official team and
stadium shops and official league websites.
Realizing that sports fans spend a great deal of their time during games
cheering and high fiving, Fallon's concept sparked a new partnership
with G-III. Fallon worked with the G-III design and sales team on all
aspects of the project. The Hands High apparel is designed to provide
sports fans with a fun, distinctive - and memorable - way to show their
support for their favorite teams.
Morris Goldfarb, Chairman and Chief Executive Officer of G-III,
commented, "To have a truly new, compelling idea in the fashion arena is
rare. We are excited about this new product line, which we believe will
be a complementary addition to our team sports business. We look forward
to partnering with Jimmy Fallon with respect to the Hands High concept
and other ideas in the future."
Jimmy Fallon, said, "I'm so excited to team with G-III who took my
vision and made it a reality. Hands High will fire up crowds to cheer
with their hands in the air and bring the thrill of the game to a whole
new level of fun."
Hands High will initially consist of men's tee shirts, long sleeves
tops, zip hoodies and pullover sweatshirts, with team branded graphics
only visible when fans have their hands in the air. In addition to logos
under-the-arms, Hands High merchandise will feature team logos and other
design elements on the front. Following the launch of men's product in
October, G-III has plans to expand the Hands High collection with
additional women's and youth apparel. The launch will be supported by an
integrated media and marketing program that builds brand awareness with
new and existing customers.
About G-III Apparel Group, Ltd.
G-III is a leading manufacturer and distributor of outerwear, dresses,
sportswear, swimwear, women's suits and women's performance wear, as
well as footwear, luggage and women's handbags, small leather goods and
cold weather accessories, under licensed brands, our own brands and
private label brands. G-III sells swimwear, resort wear and related
accessories under our own Vilebrequin brand. G-III also sells outerwear,
dresses and performance wear under our own Andrew Marc and Marc New York
brands and has licensed these brands to select third parties in certain
product categories. G-III has fashion licenses under the Calvin Klein,
Karl Lagerfeld, Kenneth Cole, Cole Haan, Guess?, Tommy Hilfiger, Jones
New York, Jessica Simpson, Vince Camuto, Ivanka Trump, Ellen Tracy,
Kensie, Levi's and Dockers brands. Through our team sports business, we
have licenses with the National Football League, National Basketball
Association, Major League Baseball, National Hockey League, Touch by
Alyssa Milano and more than 100 U.S. colleges and universities. Our
other owned brands include Bass, G.H. Bass, G-III Sports by Carl Banks,
Eliza J, Black Rivet and Jessica Howard. G-III also operates retail
stores under the Wilsons Leather, Bass, G.H. Bass & Co., Vilebrequin and
Calvin Klein Performance names.
Statements concerning G-III's business outlook or future economic
performance, anticipated revenues, expenses or other financial items;
product introductions and plans and objectives related thereto; and
statements concerning assumptions made or expectations as to any future
events, conditions, performance or other matters are "forward-looking
statements" as that term is defined under the Federal Securities laws.
Forward-looking statements are subject to risks, uncertainties and
factors which include, but are not limited to, reliance on licensed
product, reliance on foreign manufacturers, risks of doing business
abroad, the current economic and credit environment, the nature of the
apparel industry, including changing customer demand and tastes,
customer concentration, seasonality, risks of operating a retail
business, customer acceptance of new products, the impact of competitive
products and pricing, dependence on existing management, possible
disruption from acquisitions and general economic conditions, as well as
other risks detailed in G-III's filings with the Securities and Exchange
Commission. G-III assumes no obligation to update the information in
this release.
JIMMY FALLON BIO:
Jimmy Fallon is a television host, comedian, actor, singer, musician and
producer. He is the host of the legendary late-night talk show, "The
Tonight Show Starring Jimmy Fallon." Since Fallon took over as host in
February 2014, "The Tonight Show Starring Jimmy Fallon" has dominated
the late-night landscape versus all time-slot competition, winning in
total viewers, the 18-49 demo and all other key ratings categories.
Fallon puts his own stamp on the late-night franchise with his unique
comedic wit, on-point pop culture awareness, welcoming style and
impeccable taste in music with the award-winning house band, The Roots.
"The Tonight Show Starring Jimmy Fallon" is America's #1 late-night talk
show. A four-time Emmy and Grammy Award winner, Fallon recently released
his third book, "Your Baby's First Word Will Be Dada," a children's
book, which debuted at Number One on the NY Times Bestseller List.
Fallon began his TV career with "Saturday Night Live" in 1998, where he
quickly became an audience favorite. Known for his spot-on impressions,
hilarious sketches and his stint with Tina Fey as co-anchor of "Weekend
Update," Fallon spent six successful years on the show. In March 2009,
he returned to NBC and took over the "Late Night" legacy with "Late
Night with Jimmy Fallon," a show that consistently garnered attention
for its viral videos, celebrity games and A-list guests. Fallon and his
wife, Nancy, live in New York City with their daughters, Winnie Rose and
Frances Cole
View source version on businesswire.com: http://www.businesswire.com/news/home/20151002005132/en/
For G-III Apparel Group, Ltd.
Investor Relations:
James
Palczynski, 203-682-8229
or
G-III Apparel Group, Ltd.
Neal
S. Nackman, 212-403-0500
Chief Financial Officer
Source: G-III Apparel Group, Ltd.
News Provided by Acquire Media
