UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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) March 6, 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 following provisions (see General Instruction A.2 below): [_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [_] 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-4(c) under the Exchange Act (17 CFR 240.13e- 4(c)) ITEM 8.01 OTHER EVENTS On March 6, 2006, G-III Apparel Group, Ltd. (the "Company") announced that its Board of Directors had approved a three-for-two stock split of the Company's common stock, $.01 par value per share, to be effected in the form of a stock dividend. Stockholders of record at the close of business on March 16, 2006 will be issued one additional share of the Company's common stock for every two shares of common stock they own on such date. The additional shares will be distributed on March 27, 2006. Fractional shares resulting from the stock split will be paid in cash in lieu of shares. A copy of the press release issued by the Company announcing the stock split is furnished herewith as Exhibit 99.1. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. 99.1 Press Release, dated March 6, 2006, announcing three-for-two stock split. EXHIBIT INDEX Exhibit No. Description ------- ----------- 99.1 Press Release, dated March 6, 2006, announcing three-for-two stock split. SIGNATURE 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: March 7, 2006 By: /s/Neal S Nackman ------------------------------ Name: Neal S. Nackman Title: Chief Financial Officer