Morris Goldfarb Biography and Net Worth

Mr. Goldfarb is Chairman of the Board and Chief Executive Officer of G-III Apparel Group, where he oversees the strategic direction of the company and all facets of the business. He has served as an Executive Officer of G-III and its predecessors since the formation of the company in 1974.

After his father, Aron Goldfarb, a holocaust survivor, founded what would become G-III in the heart of New York City, Mr. Goldfarb has grown G-III into a global design, sourcing, licensing, marketing and retail partner of choice across brands and retailers, and a best-in-class organization. An entrepreneur with vision for the future of apparel and fashion, Mr. Goldfarb has an instinct for merchandising, a strong understanding of the product lifecycle and deep relationships across the industry. He has set a tone of innovation and agility across the company.

Through the Morris & Arlene Goldfarb Family Foundation, Mr. Goldfarb and his family support organizations including the Metropolitan Museum of Art, Ronald McDonald House, UJA Federation, the Museum at Eldridge Street and the US Commission for the Preservation of America’s Heritage Abroad, among other charities. He is also a founding member of the FIT Social Justice Center.

What is Morris Goldfarb's net worth?: The estimated net worth of Morris Goldfarb is at least $107.30 million as of September 26th, 2024. Goldfarb owns 3,923,071 shares of G-III Apparel Group stock worth more than $107,295,992 as of April 1st. This net worth approximation does not reflect any other investments that Goldfarb may own. Additionally, Goldfarb receives a salary of $1,290,000.00 as CEO at G-III Apparel Group. Learn More about Morris Goldfarb's net worth.
How old is Morris Goldfarb?: Goldfarb is currently 73 years old. There are 4 older executives and no younger executives at G-III Apparel Group. Learn More on Morris Goldfarb's age.
What is Morris Goldfarb's salary?: As the CEO of G-III Apparel Group, Ltd., Goldfarb earns $1,290,000.00 per year. There are 3 executives that earn more than Goldfarb. The highest earning executive at G-III Apparel Group is Mr. Jeffrey D. Goldfarb, Executive VP, Director of Strategic Planning & Director, who commands a salary of $2,590,000.00 per year. Learn More on Morris Goldfarb's salary.
How do I contact Morris Goldfarb?: The corporate mailing address for Goldfarb and other G-III Apparel Group executives is 512 SEVENTH AVE, NEW YORK NY, 10018. G-III Apparel Group can also be reached via phone at (212) 403-0500 and via email at ir@g-iii.com. Learn More on Morris Goldfarb's contact information.
Has Morris Goldfarb been buying or selling shares of G-III Apparel Group?: Morris Goldfarb has not been actively trading shares of G-III Apparel Group within the last three months. Most recently, Morris Goldfarb sold 67,014 shares of the business's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $30.30, for a transaction totalling $2,030,524.20. Following the completion of the sale, the chief executive officer now directly owns 3,923,071 shares of the company's stock, valued at $118,869,051.30. Learn More on Morris Goldfarb's trading history.
Who are G-III Apparel Group's active insiders?: G-III Apparel Group's insider roster includes Sammy Aaron (Vice Chairman), Thomas Brosig (Director), Alan Feller (Director), Morris Goldfarb (CEO), Wayne Miller (COO), Neal Nackman (CFO), and Laura Pomerantz (Director). Learn More on G-III Apparel Group's active insiders.
Are insiders buying or selling shares of G-III Apparel Group?: In the last year, insiders at the textile maker sold shares 2 times. They sold a total of 167,014 shares worth more than $5,189,524.20. The most recent insider tranaction occured on September, 26th when CEO Morris Goldfarb sold 67,014 shares worth more than $2,030,524.20. Insiders at G-III Apparel Group own 12.4% of the company. Learn More about insider trades at G-III Apparel Group.
Information on this page was last updated on 9/26/2024.

Morris Goldfarb Insider Trading History at G-III Apparel Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/26/2024	Sell	67,014	$30.30	$2,030,524.20	3,923,071
9/24/2024	Sell	100,000	$31.59	$3,159,000.00	3,990,085
12/5/2022	Buy	250,000	$12.54	$3,135,000.00	2,094,964
4/3/2020	Buy	30,749	$7.43	$228,465.07	3,236,875
3/24/2020	Buy	20,200	$6.54	$132,108.00	3,236,845
7/11/2019	Buy	40,000	$26.47	$1,058,800.00	3,250,483
6/13/2019	Buy	37,106	$25.39	$942,121.34	3,210,483
6/19/2018	Sell	770,000	$47.32	$36,436,400.00	3,812,427
6/15/2018	Sell	161,190	$47.11	$7,593,660.90	3,812,427
4/4/2017	Buy	32,846	$22.16	$727,867.36	3,912,586
4/3/2017	Buy	6,843	$21.99	$150,477.57	3,879,740
10/8/2015	Sell	137,631	$64.71	$8,906,102.01	3,574,412
9/8/2015	Sell	9,501	$70.07	$665,735.07	3,712,043
6/30/2015	Sell	38,826	$70.77	$2,747,716.02
6/16/2015	Sell	114,403	$67.69	$7,743,939.07
6/12/2015	Sell	156,597	$67.07	$10,502,960.79
4/8/2015	Sell	76,219	$115.90	$8,833,782.10
4/6/2015	Sell	23,781	$114.46	$2,721,973.26
4/1/2015	Sell	120,000	$112.76	$13,531,200.00
3/31/2015	Sell	90,224	$112.71	$10,169,147.04
3/30/2015	Sell	9,776	$112.85	$1,103,221.60
1/16/2015	Sell	88,451	$94.17	$8,329,430.67
10/7/2014	Sell	25,000	$81.75	$2,043,750.00
7/1/2014	Sell	19,440	$81.29	$1,580,277.60
4/15/2014	Sell	50,566	$72.06	$3,643,785.96	2,285,748
4/14/2014	Sell	20,484	$73.22	$1,499,838.48	2,336,314
1/14/2014	Sell	200,000	$70.90	$14,180,000.00	2,390,005
12/24/2013	Sell	102,915	$70.29	$7,233,895.35	2,590,005
12/10/2013	Sell	97,085	$67.96	$6,597,896.60	2,692,920
7/9/2013	Sell	22,014	$49.86	$1,097,618.04
7/3/2013	Sell	25,105	$47.95	$1,203,784.75
6/19/2013	Sell	20,472	$49.02	$1,003,537.44
6/10/2013	Sell	269,688	$49.32	$13,301,012.16

See Full Table

Morris Goldfarb Buying and Selling Activity at G-III Apparel Group

G-III Apparel Group Company Overview

G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage. The company markets apparel and other products under the proprietary brands, including DKNY, Donna Karan, Karl Lagerfeld, Karl Lagerfeld Paris, Vilebrequin, G.H. Bass, Eliza J, Jessica Howard, Andrew Marc, Marc New York, Wilsons Leather, Sonia Rykiel, and G-III Sports by Carl Banks; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Levi's, Guess?, Kenneth Cole, Cole Haan, Vince Camuto, Margaritaville, and Dockers. It has licenses with the National Football League, National Basketball Association, Major League Baseball, and National Hockey League, as well as approximately 150 U.S. colleges and universities. The company offers its products to department, specialty, and mass merchant retail stores. It also sells its products online. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

Today's Range

Now: $27.35

$26.53

$27.76

50 Day Range

MA: $28.47

$25.34

$32.88

2 Week Range

Now: $27.35

$20.66

$36.18

Volume

708,365 shs

Average Volume

538,795 shs

Market Capitalization

$1.20 billion

P/E Ratio

7.18

Dividend Yield

N/A

Beta

2.09

Morris Goldfarb Biography and Net Worth

What is Morris Goldfarb's net worth?

How old is Morris Goldfarb?

What is Morris Goldfarb's salary?

How do I contact Morris Goldfarb?

Has Morris Goldfarb been buying or selling shares of G-III Apparel Group?

Who are G-III Apparel Group's active insiders?

Are insiders buying or selling shares of G-III Apparel Group?