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): November 29, 2004

                            G-III Apparel Group, Ltd.
             (Exact name of registrant as specified in its charter)

                 (State or other jurisdiction of incorporation)

               0-18183                             41-1590959
      (Commission File Number)          (IRS Employer Identification No.)

                               512 Seventh Avenue
                               New York, NY 10018
                    (Address of Principal Executive Offices)

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

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

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR

[ ] 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-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement

On November 29, 2004, we entered into a license agreement with Kenneth Cole
Productions (LIC), Inc. ("KCP") to manufacture, market and distribute men's and
women's outerwear under the "Kenneth Cole New York" and "Reaction Kenneth Cole"
trademarks. We previously had a license agreement with KCP for these trademarks
for women's outerwear that was to expire December 31, 2004. The new agreement
expands our relationship with KCP from the prior agreement to include both
women's and men's outerwear.

The license agreement, which is effective January 1, 2005, is for a term of four
years with one four-year renewal term, subject to satisfying certain performance
conditions, including achieving certain levels of net sales. The agreement
provides for the payment to KCP of a license acquisition fee payable one third
at signing and the remainder in equal annual installments over the term of the
agreement, as well as the issuance at signing of 50,000 shares of our restricted
common stock to KCP. Under the terms of the agreement, we are required to
achieve minimum net sales of licensed product each year, make royalty and
advertising payments to KCP based on a percentage of net sales, pay guaranteed
minimum royalty and advertising payments to KCP each year and spend amounts to
promote and market licensed products based on a percentage of net sales.


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: December 2, 2004                      By: /s/ Wayne Miller
                                            Name: Wayne S. Miller
                                            Title: Chief Financial and Chief 
                                                   Operating Officer