Item 1.01 Entry into a Material Definitive Agreement.
On September 11, 2009, G-III Leather Fashions, Inc., J. Percy for Marvin Richards, Ltd., CK Outerwear, LLC, A. Marc & Co., Inc., Andrew & Suzanne Company Inc. and AM Retail Group, Inc., entered into Amendment No. 3 (the "Amendment") to the Amended and Restated Financing Agreement (the "Financing Agreement") with JPMorgan Chase Bank N.A. ("JPMC"), The CIT Group/Commercial Services, Inc. ("CIT"), HSBC Bank USA, National Association, Sovereign Bank, Israel Discount Bank of New York, Commerce Bank, N.A., Signature Bank, Bank Leumi USA, Webster Business Credit, Bank of America, N.A. and Wachovia Bank, N.A., as lenders ("Lenders"), and JPMC, as successor agent to CIT, as agent for Lenders. The Amendment amended the Financing Agreement to amend the procedures related to issuance of letters of credit under the Financing Agreement. A copy of the Amendment is filed herewith as Exhibit 10.1. Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. 10.1 Amendment No. 3 to the Amended and Restated Financing Agreement, dated as of August 31, 2009, by and among G-III Leather Fashions, Inc., J. Percy for Marvin Richards, Ltd., CK Outerwear, LLC, A. Marc & Co., Inc., Andrew & Suzanne Company Inc. and AM Retail Group, Inc. and JPMorgan Chase Bank N.A., as successor agent to The CIT Group/Commercial Services, Inc., as agent for the Lenders that are parties thereto.

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