Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 5, 2012

 

 

G-III APPAREL GROUP, LTD.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-18183   41-1590959

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

512 Seventh Avenue

New York, New York

   10018
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (212) 403-0500

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 2.02 Results of Operations and Financial Condition.

On June 5, 2012, G-III Apparel Group, Ltd. (the “Company”) held an earnings conference call to discuss its results of operations for the first fiscal quarter ended April 30, 2012. A transcript of such earnings conference call is furnished herewith as Exhibit 99.1.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company held its Annual Meeting of Stockholders on June 5, 2012. A total of 19,034,784 shares were represented in person or by proxy at the 2012 Annual Meeting of Stockholders and the Company’s stockholders took the following actions:

Proposal No. 1: Election of Directors

The Company’s stockholders elected each of the ten nominees for director to serve until the next Annual Meeting of Stockholders and until their respective successors shall have been duly elected and qualified based on the following votes:

 

Name

    Votes For      Votes Withheld      Broker Non-Votes  

Morris Goldfarb

      16,130,607         2,080,799         823,378   

Sammy Aaron

      17,575,307         636,099         823,378   

Thomas J. Brosig

      17,778,611         432,795         823,378   

Alan Feller

      17,877,248         334,158         823,378   

Jeffrey Goldfarb

      17,575,152         636,254         823,378   

Carl Katz

      14,086,392         4,125,014         823,378   

Laura Pomerantz

      16,562,518         1,648,888         823,378   

Willem van Bokhorst

      16,445,339         1,766,067         823,378   

Cheryl Vitali

      17,940,236         271,170         823,378   

Richard White

      13,255,155         4,956,251         823,378   

Proposal No. 2: Advisory Vote on Compensation of the Company’s Named Executive Officers

The Company’s stockholders did not approve, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers by the following vote:

 

Votes For

    Votes Against    Abstentions    Broker Non-Votes
6,391,107    11,819,161    1,138    823,378

The Company’s Board of Directors and Compensation Committee will consider the results of this advisory vote in making future decisions on named executive officer compensation.

 

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Proposal No. 3: Ratification of Independent Registered Public Accounting Firm

The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2013 based on the following votes:

 

Votes For

    Votes Against    Abstentions    Broker Non-Votes
18,842,679    189,900    2,205    —  

 

Item 9.01 Financial Statements and Exhibits.

 

(a) Financial statements of businesses acquired.

None.

 

(b) Pro forma financial information.

None.

 

(c) Shell company transactions.

None.

 

(d) Exhibits.

 

99.1    Transcript of the G-III Apparel Group, Ltd.’s earnings conference call held on June 5, 2012 relating to its first quarter fiscal 2013 results.

Limitation on Incorporation by Reference

In accordance with General Instruction B.2 of Form 8-K, the information reported under Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.

 

- 2 -

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    G-III APPAREL GROUP, LTD.
Date: June 7, 2012      
    By:  

/s/ Neal S. Nackman

    Name:   Neal S. Nackman
    Title:   Chief Financial Officer

EXHIBIT INDEX

 

Exhibit

   

Description

99.1    Transcript of the G-III Apparel Group, Ltd.’s earnings conference call held on June 5, 2012 relating to its first quarter fiscal 2013 results.