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RELATED PARTY TRANSACTIONS
9 Months Ended
Oct. 27, 2012
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 15 — RELATED PARTY TRANSACTIONS

 

The Company or its subsidiaries have for the past several years made payments to G-III Apparel Group Ltd. (“G-III”) or its related entities primarily related to purchases of apparel and commissions on apparel purchases.  On January 3, 2011, Morris Goldfarb, the Chairman of the Board and Chief Executive Officer of G-III, became a director of the Company.  In the thirty-nine weeks ended October 27, 2012 and November 26, 2011, we paid G-III and its related entities approximately $0.9 million and $2.3 million, respectively.  As of October 27, 2012, the Company had a balance due to G-III of approximately $0.4 million.

 

Other than the relationship noted above, related party transactions are limited to employment or other agreements with certain of our current and former officers, all of which have been previously disclosed.