David Ristau
Growth at reasonable price, research analyst, newsletter provider, long/short equity

G-III Apparel: The Changing Face Of This Retailer Means Years Of Growth Are Ahead

For years, G-III Apparel (NASDAQ:GIII) has been a wholesale-based retailer that was known for focusing mostly on outerwear. The company, though, has been building up their business over the past several years by adding a dress business, retail stores, sportswear, and more. As of recent, the company has made three acquisitions to enter the direct retail department, and we believe that the company is continuing to add value. Moving forward, we believe that analysts and investors are not focusing enough on the company's acquisition of Wilsons, G.H. & Bass, and Vilebrequin. Currently, the company is cheap with a 17.5 prce-to-earnings ratio. Industry averages, though, near 24 for the apparel manufacturing industry.

What are investors missing? We believe they...

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