G-III Signs Deal With Genesco for G.H. Bass Footwear

G-III Apparel Group and Genesco Inc. have entered into a wholesale license agreement for Genesco to design, distribute and market G.H. Bass women’s and men’s footwear in the U.S. and Canada. The line will be shown to retailers this summer. First shipments are expected for the spring 2016 season, with distribution targeted to better department and specialty stores. “G.H. Bass is an iconic American brand, and we are excited about the opportunity to build upon the Bass heritage with a best-in-class partner like Genesco. We believe Genesco’s expertise and market leadership in footwear is a perfect complement to our G.H. Bass team,” said Jeff Goldfarb, G-III’s director of business development. This pact marks the fourth licensing agreement G-III has signed since purchasing the G.H. Bass brand in 2013. The company presently has agreements with PVH Corp. for wholesale distribution of men’s sportswear and Overland Shoes Ltd. for wholesale distribution of men’s, women’s and children’s footwear throughout Europe, as well as the operation of retail stores throughout Europe. G-III also plans to use its in-house expertise to manufacture key categories for Bass, including its planned launch of Bass women’s apparel for delivery in fall 2015. Genesco, a Nashville-based specialty retailer, sells footwear, headwear, sports apparel and

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