Morris Goldfarb

NEW YORK, NY - JUNE 18: Morris Goldfarb attends the 2015 Father of the Year Luncheon Awards at New York Hilton on June 18, 2015 in New York City. (Photo by Laura Cavanaugh/FilmMagic)
MORRIS GOLDFARB, CEO OF G III APPAREL GROUP, LTD. ALIX COLOW. PICK UP. Photo by Laura Cavanaugh/FilmMagic)Photograph by Laura Cavanaugh — FilmMagic/Getty Images
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  • Company
    G-III Apparel

It’s been more than four decades since the then-24-year-old Goldfarb took the CEO reins from his father, Aron, a Holocaust survivor who founded the company. Morris reorganized G-III from a small leather coat store that specialized in men’s bomber jackets to an apparel empire that has licenses with countless big labels, including Calvin Klein, Jessica Simpson, Kenneth Cole, Cole Haan, Guess, Ivanka Trump, and even a new sports line from Jimmy Fallon. Athleisure and athletics have helped G-III spin out great results of late. In 2011, the company announced a license with Calvin Klein women’s sportswear, outerwear and performance apparel. And G-III’s massive sports business includes the Starter brand and licenses for team-branded clothes and other items with the NFL, NBA, MLB, NHL, and more than 100 U.S. colleges and universities. The company’s profits over the most recent 12-month period, according to S&P CapitalIQ, are more than twice the figure for 2013.