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) February 1, 2006

                            G-III APPAREL GROUP, LTD.
             (Exact name of registrant as specified in its charter)

          Delaware                       0-18183                41-1590959
(State or other jurisdiction    (Commission File Number)       (IRS Employer
      of incorporation)                                     Identification No.)

              512 Seventh Avenue                             10018
              New York, New York                           (Zip Code)
   (Address of principal executive offices)

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

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)

         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
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   |_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
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         Exchange Act (17 CFR 240.14d-2(b))

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         Exchange Act (17 CFR 240.13e-4(c))

Item 1.01         Entry Into a Material Agreement


         On February 1, 2006, the Compensation Committee of the Board of
Directors of G-III Apparel Group, Ltd. (the "Company") approved an increase in
the annual salary of Sammy Aaron, Vice Chairman of the Company, from $500,000 to
$600,000, effective as of February 1, 2006. Mr. Aaron also serves as the
President of the Company's Marvin Richards division and is a director of the


         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:  February 7, 2006

                                        By:    /s/ Neal S. Nackman
                                        Name:      Neal S. Nackman
                                        Title:     Chief Financial Officer