G-iii Apparel Group, Ltd. · NASDAQ:GIII
G-iii Apparel — Merger or Acquisition (May 2022)
14 slides from G-iii Apparel's merger presentation, May 2, 2022
Slide 1: A Global Leader in Fashion
MAY 02, 2022 A GLOBAL LEADER IN FASHION 1
Slide 2: Disclaimer and Confidentiality
DISCLAIMER AND CONFIDENTIALITY 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 an
Slide 3: A Global Leader in Fashion
(S||| A GLOBAL LEADER IN FASHION Gill GABE
Slide 4: G-III Apparel Group to Purchase Iconic Brand
4 G - III APPAREL GROUP TO PURCHASE ICONIC BRAND
Slide 5: The World of Karl Lagerfeld
THE WORLD OF ◆ Aspirational to accessible ◆ Contemporary and fashion forward Lifestyle portfolio ◆ Apparel and accessories ◆ Footwear ◆ Fragrance ◆ Eyewear ◆ Home furnishings ◆ Brand extensions ⁃ Hotel Karl Lagerfeld ⁃ Luxury villas ⁃ Entertainment Media 5
Slide 6: Significant Global Reach
◆ Appeals to a global consumer ◆ Well established distribution ◆ ~120* mono - brand stores with key locations in major cities and fashion hubs ◆ Strong wholesale distribution network in 60 countries ◆ Digital presence ⁃ Karl.com ⁃ Karllagerfeldparis.com ⁃ Partner digital platforms ◆ Zalando ◆ Saks ◆
Slide 7: Sustainability as a Core Value
SUSTAINABILITY AS A CORE VALUE ◆ Three Pillars ⁃ Preventing global warming ⁃ Restoring biodiversity ⁃ Protecting the oceans ◆ Over 50% of collections made with eco - conscious methods ◆ Founding member of Fashion Pact ◆ Sustainability Ambassador Amber Valletta Continually increasing the brand’s posi
Slide 8: Proven Track Record Validates Acquisition
$175M 22 400+ >5 SALES RETAIL STORES RETAIL PARTNER DOORS DIGITAL CHANNELS G - III’s existing business in North America* * Based on G - III Apparel Group, Ltd.’s, FY 2022 results for the Karl Lagerfeld brand 8 Left: Morris Goldfarb, Chairman of the Board and Chief Executive Officer, G - III Apparel
Slide 9: $1B Global Annual Net Revenue Potential
~$375M* Annual Net Revenue Base Digital International Expansion New & Existing Stores Licensing $1B+ ** Category Expansion Wholesale 9 Net Sales Potential * Based on FY 2022 revenues for G - III Apparel Group, Ltd.’s, Karl Lagerfeld North America business of $175 million, combined wit h the revenues
Slide 10: Furthers G-III's Long-Term Strategic Priorities
FURTHERS G - III’S LONG - TERM STRATEGIC PRIORITIES ACQUISITION RATIONALE G - III STRATEGIC PRIORITIES Ownership of an iconic lifestyle brand with significant growth opportunity Full range of categories fueled by G - III’s capabilities Highly desirable Parisian - based brand Strong existing omni - c
Slide 11: Financial Highlights
$175 Million * FINANCIAL HIGHLIGHTS ◆ Increase ownership from 19% to 100% ⁃ Purchased 81% for €200 million ($210 million) ◆ Expected to be modestly accretive in G - III’s fiscal 2023 year, ended January 31, 2023 11 Annual Revenues NORTH AMERICA REST OF THE WORLD COMBINED GLOBAL BRAND $200 Million **
Slide 12: Driving Shareholder Value
DRIVING SHAREHOLDER VALUE ◆ Adds $200 million in annual sales ◆ Approximately $1B in annual net revenue potential or $2B+ in sales to end consumers ◆ Enhanced revenue growth ◆ Geographic diversification ◆ Enhanced cash flow for combined company ◆ Supported by G - III’s strong balance sheet 12
Slide 13: Our Strategic Priorities
OUR STRATEGIC PRIORITIES OUR FOUNDATION FOR SUCCESS Further expand our portfolio through ownership of brands and their licensing opportunities Extend our reach by developing our European - based brand portfolio Drive our power brands across categories Maximize omni - channel opportunities by leverag
Slide 14: Embrace the Present and Invent the Future
“EMBRACE THE PRESENT AND INVENT THE FUTURE.” 14
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