G-III Apparel Group, Ltd. Announces Upcoming Investment Conference Participation

G-III Apparel Group, Ltd. (Nasdaq: GIII) announced today that it will present at two major investment conferences next week.

Management will deliver a presentation on behalf of the company at the Cowen & Company 8th Annual Consumer Conference held at the Westin New York at Times Square. The presentation will be webcast live at 10:00 a.m. Eastern Time on Monday, January 11, 2009 at: http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=GIII&item_id=2625637.

Management will also deliver a presentation on behalf of the company at the 12th Annual ICR XChange Conference held at the St. Regis Monarch Beach Resort & Spa in Dana Point, CA. The G-III investor presentation will be webcast live at 4:20 p.m. Pacific Time (7:20 p.m. Eastern Time) on Wednesday, January 13, 2009 at: http://investor.shareholder.com/icr/2010/eventdetail.cfm?eventid=76161.

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About G-III Apparel Group

G-III is a leading manufacturer and distributor of outerwear, dresses, sportswear and women’s suits under licensed brands, our own brands and private label brands. G-III has fashion licenses under the Calvin Klein, Sean John, Kenneth Cole, Cole Haan, Guess?, Jones New York, Jessica Simpson, Nine West, Ellen Tracy, Tommy Hilfiger, Enyce, Levi’s and Dockers brands and sports 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. G-III sells outerwear and handbags under our own Andrew Marc and Marc New York brands and has licensed these brands for women’s footwear, men’s accessories, women’s handbags and men’s cold weather accessories. Our other owned brands include Marvin Richards, G-III, Jessica Howard, Eliza J., Black Rivet, Siena Studio, Tannery West, G-III by Carl Banks and Winlit. G-III works with a diversified group of retailers in developing product lines to be sold under their proprietary private labels. G-III also operates 121 retail stores, of which 118 are outlet stores operated under the Wilsons Leather name.

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 crisis, 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.