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RELATED PARTY TRANSACTIONS | 12 Months Ended
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Jan. 31, 2020
Related Party Transactions [Abstract] |
RELATED PARTY TRANSACTIONS | NOTE O — RELATED PARTY TRANSACTIONS ​ Transactions with Fabco ​ G-III owns a 49% ownership interest in Fabco and is considered a related party of Fabco (see Note N). The Company sells inventory to Fabco and granted Fabco’s subsidiary the right to use certain Donna Karan and DKNY trademarks. In fiscal 2020, the Company sold $4.4 million in inventory to Fabco. The Company recorded $3.1 million and $2.2 million of licensing revenue from Fabco during the years ended January 31, 2020 and 2019, respectively. As of January 31, 2020, Fabco prepaid $0.5 million to the Company for minimum royalties and marketing fees relating to the first quarter of 2020 and has a $0.1 million payable balance relating to inventory purchased from the Company and its subsidiaries. ​ Transactions with KL North America ​ G-III owns a 49% ownership interest in KLNA and is considered a related party of KLNA (see Note N). The Company entered into a licensing agreement to use the brand rights to certain Karl Lagerfeld trademarks held by KLNA. The Company incurred royalty and advertising expense of $6.8 million, $6.4 million and $4.8 million for the years ended January 31, 2020, 2019 and 2018, respectively. ​

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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