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G-III Apparel Group GIII Impairment Charges
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Where this comes from
Reported directly by G-III Apparel Group in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: G-III Apparel Group’s 10-K, filed March 24, 2026.
- Filed
- Mar 24, 2026, 4:27 PM EDT
- Fiscal year
- FY2025
- Accession
- 0001104659-26-033891
| Line item | Year Ended January 31, 2026 | Year Ended January 31, 2025 | Year Ended January 31, 2024 |
|---|---|---|---|
| Gross profit | 1,164,029 | 1,298,526 | 1,241,847 |
| Selling, general and administrative expenses | 978,462 | 969,812 | 924,223 |
| Depreciation and amortization | 29,016 | 27,444 | 27,523 |
| Asset impairments | 48,565 | 8,195 | 6,758 |
| Operating profit | 107,986 | 293,075 | 283,343 |
| Other income (loss) | 3,191 | (4,374) | (3,149) |
| Interest and financing charges, net | (508) | (18,842) | (39,595) |
| Income before income taxes | 110,669 | 269,859 | 240,599 |
ITEM 16. FORM 10-K SUMMARY.
FAQ
- What is G-III Apparel Group's impairment charges?
- G-III Apparel Group (GIII) reported impairment charges of $12.14M in Q4 2025.
- How has G-III Apparel Group's impairment charges changed year-over-year?
- G-III Apparel Group's impairment charges increased by 492.6% year-over-year, from $2.05M to $12.14M.
- What is the long-term trend for G-III Apparel Group's impairment charges?
- Over 3 years (2021 to 2025), G-III Apparel Group's impairment charges has grown at a 222.0% compound annual growth rate (CAGR), from $1.46M to $48.57M.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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