More than 50 years ago, Morris Goldfarb took the reins of his family’s leather goods company and over the ensuing decades turned it into the G-III Apparel Group . He initially transformed it into a New York licensing powerhouse and now is honing the company into a brand builder, one that is ready to shape the next chapters of Marc Jacobs and Donna Karan .
Being chief executive officer and in charge is hard enough. Staying in charge — and over such a long stretch with so many seismic changes in the fashion industry — is something else entirely.
To pull it off, and build a $3 billion business, he has displayed stamina, tenacity, quick wittedness, nimbleness and a healthy dose of creativity.
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That is why Goldfarb, who’s chairman and CEO of G-III, is the recipient of this year’s WWD Honor for Creative Leadership.
He sat down with WWD to talk leadership, the entrepreneurial drive and a wild ride on Seventh Avenue.
The Spirit of the Entrepreneur
Even when Goldfarb was just a marketing major…