Mad Money

Cramer: Clothing maker with spiffy stock

Targeting diversity: G-III CEO

(Click for video linked to a searchable transcript of this Mad Money segment)

Up 97% year to date, this clothing maker may hold the secret to a well-dressed portfolio.

The company is G-III Apparel Group.

Since late 2011 shares have been on a relatively steady march higher.

In fact, "the stock has returned a magnificent 512% in the last eight years," Cramer said. "That's a six-fold increase and a pretty phenomenal long-term track record."

When a company can generate those kinds of massive returns, they command Cramer's attention.

And considering rivals such as Abercrombie, Aeropostale and others have struggled with sector headwinds, Cramer finds these outsized gains all the more noteworthy.

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"G-III licenses big brand names including Guess, Jessica Simpson, Kenneth Cole and more and then they sell things like outerwear, sportswear, swimwear, dresses, women's suits and accessories under those brand names."

"And they don't just license clothing brands—G-III also has licenses with all four major professional sports leagues in this country, including an exclusive outerwear deal with the NFL."

Plus, G-III also has some proprietary brands including Andrew Marc and well over 100 retail stores, most of which operate under the Wilsons Leather moniker.

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Knowing your customer and offering the right mix of products is invaluable in retail and if are any indication, it appears G-III has mastered both sides of the equation.

For the three months ended Oct. 31, G-III Apparel earned $59.4 million, or $2.85 per share. That compares with $48.2 million, or $2.37 per share, in the prior-year period.

Revenue increased 23 percent to $668.7 million.

Excluding acquisition-related costs and other items, earnings were $2.88 per share. Analysts expected earnings of $2.61 per share on revenue of $620.3 million, according to a FactSet survey.

Looking at those earnings it probably comes as no surprise that the company also has a license agreement with Major League Baseball. That's because "They're absolutely knocked it out of the park," Cramer said."

"If you've been buying their stuff maybe you should be buying their stock," Cramer added. "Think about it."

Call Cramer: 1-800-743-CNBC

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