G-iii Apparel Group, Ltd. · NASDAQ:GIII
G-iii Apparel — Investor Presentation (January 2004)
20 slides from G-iii Apparel's investor presentation, Jan 15, 2004
Slide 1: G-III Apparel Group, Ltd.
SI G-IT] APPAREL GROUP, LTD.
Slide 2: Safe Harbor
(<—q Safe Harbor Statements concerning the Company'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 e
Slide 3: G-III Apparel Group
(<—q G-III Apparel Group — NASDAQ: GII — Market Cap: $66 million — Specializes in branded consumer apparel — GDI Apparel Group, Ltd. is a leading manufacturer and distributor of outerwear and apparel under our own labels, licensed labels and private labels. Company-owned labels include Black Rivet,
Slide 4: Key Investment Highlights
(<—q Key Investment Highlights — Dominant niche position as one of the largest outerwear wholesalers — Established position in Sports Apparel — Broad array of strong brands — Balanced mix of distribution — Significant opportunities for growth — Strong sourcing expertise provides quality product at a
Slide 5: Slide 5
Slide 6: G-III Product Offering
G-III Product Offering Sports Apparel
Slide 7: Broad Array of Strong Brands
(<—q Broad Array of Strong Brands > Company has more than twenty licensed and company owned brands >» Licensor’s retail stores represent a significant customer for product » Niche brands allow for exploitation of specific markets by gender and price point
Slide 8: Steady Building of Licensed Brand Portfolio
(<—q iteady Bi ing of Licensed Brand Portfo! 1993 - National Football League team logo outerwear 1995 - Kenneth Cole New York women’s outerwear 1996 - National Hockey League team logo outerwear 1998 - Nine West women’s outerwear 1999 - Major League Baseball team logo outerwear 2000 - Cole Haan men’s
Slide 9: Slide 9
Slide 10: Slide 10
Slide 11: Sports Apparel
arel Sports A
Slide 12: Balanced Mix of Distribution
(<—q Balanced Mix of Distribution >» Specialty Retail - Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman > Department Stores — Federated, May Company and Nordstrom >» Specialty Stores Chains - Limited, Finish Line, d.e.m.o., Foot Locker, Champs, Dr. J’s, Against All Odds, Cato and Charming Sho
Slide 13: Estimated Sales by Leather/Non-Leather Category & Distribution Channel for 2003
mated Sales by Leather/Non-Leather Category & Distribution Channel for 2003 LeatheriNon-Leather Channel Catego! Mass Merchandisers Dept. Stores and Specialty Retailers
Slide 14: Opportunities for Growth
(<—q Opportunities for Growth — Continued expansion of core-sports apparel lines — Additional fashion-related sports apparel for department and specialty retail distribution — Continued expansion in brand portfolio — Economies of scale for expanded design, production, and merchandising teams
Slide 15: Key Income Statement Items
(<—q Key Income Statement Items (000’s Omitted) Fiseal Year Ended Nine Months Ended Estimated 1/31/2004 1/31/2003 10/31/2003 10/31/2002 Net Sales $220,000 $202,651 $189,558 $154,997 Gross Profit $63,000 $49,284 $57,374 $39,676 Operating Profit $15,500 $4,177 $20,986 $9,528 Net Income —_$8,300-$8,700
Slide 16: Net Sales Growth
(<—q Net Sales Growth (in millions) $250 $200 $150 $100 $50 $0 $187.1 $201.4 $202.7 $220.0" $149.6 $121.6 1999 2000 2001 2002 2003 2004E*
Slide 17: EPS Growth
(<—q EPS Growth $2.00 $1.75 $1.50 $1.25 |—______SsrrisE } $1.00 $0.75 $0.50 $0.25 $0.00 T T 2002 2003 2004E $0.52(a) $0.32 (9) Adjusted fr a charge of $8.4 mltion nat fax, asecated with expenses ric io desing the Cempany'smanufacturing faciityin Indanesia, die EPS induting the Ohargewas $1.05,
Slide 18: Gross Margin Improvement
(<—q Gross Margin Improvement 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0%: 29.7% 30.3% 27.3% 25.6% @ Fiscal 2003 O Fiscal 2004 3rd Quarter Nine Months
Slide 19: Abbreviated Balance Sheet
(<—q Abbreviated Balance Sheet (000’s Omitted) Accounts Receivable Inventories Total Current Assets Accounts Payable Notes Payable Total Current Liabilities Total Stockholders’ Equity Book Value Per Share 10/31/2003 $87,794 $40,498 $146,552 $15,965 $43,418 $78,919 $67,387 $9.73 10/31/2002 $69,953 $4
Slide 20: Searchable text section of graphics shown above
Searchable text section of graphics shown above [GRAPHIC] [GRAPHIC] G-III APPAREL GROUP, LTD. [GRAPHIC] Safe Harbor Statements concerning the Company's business outlook or future economic performance, anticipated revenues, expenses or other financial items; product introductions and plans and object
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