UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

SCHEDULE 13D
Amendment No. 1
Under the Securities Exchange Act of 1934

G-III Apparel Group Ltd.
- --------------------------------------------------------------------------------
(Name of Issuer)

Common Stock, Par Value $.01 Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)

36237H101
-------------------------------------
(CUSIP Number)

Joshua Landes, Wynnefield Partners Small Cap Value, L.P.
One Penn Plaza, Suite 4720, New York, New York 10119, (212) 760-0814
and
Jesse R. Meer, Esq.
Berlack, Israels & Liberman LLP, 120 West 45th Street, New York, N.Y. 10036,
(212) 704-0100
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Persons Authorized to Receive Notices
and Communications)

December 29, 1998
-------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-I(b)(3) or (4), check the following box |_|.

Check the following box if a fee is being paid with the statement |_|. (A fee is
not required only if the reporting  person (1) has a previous  statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7.)

(Page 1 of 7 Pages)

Amendment No. 1 to SCHEDULE 13D

CUSIP No. 36237H101                                            Page 2 of 7 Pages

________________________________________________________________________________
1    NAME OF REPORTING PERSONS:    Wynnefield Partners Small Cap Value, L.P.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON:    13-3688497

________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [X]
(b)  [_]

________________________________________________________________________________
3    SEC USE ONLY

________________________________________________________________________________
4    SOURCE OF FUNDS

WC

________________________________________________________________________________
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
PURSUANT TO ITEMS 2(d) OR 2(e)                                   [_]

________________________________________________________________________________
6    CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

________________________________________________________________________________
7    SOLE VOTING POWER

NUMBER OF         88,660

SHARES      _________________________________________________________________
8    SHARED VOTING POWER
BENEFICIALLY        
None
OWNED BY          
_________________________________________________________________
EACH       9    SOLE DISPOSITIVE POWER

REPORTING         88,660

PERSON      _________________________________________________________________
10   SHARED DISPOSITIVE POWER
WITH            
None

________________________________________________________________________________
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

88,660 shares

________________________________________________________________________________
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

[_]

________________________________________________________________________________
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

1,358

________________________________________________________________________________
14   TYPE OF REPORTING PERSON

PN

________________________________________________________________________________

(Page 2 of 7 Pages)

Amendment No. 1 to SCHEDULE 13D

CUSIP No. 36237H101                                            Page 3 of 7 Pages

________________________________________________________________________________
1    NAME OF REPORTING PERSON:  Wynnefield Partners Small Cap Value, L.P. I
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON:    13-3953291

________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [X]
(b)  [_]

________________________________________________________________________________
3    SEC USE ONLY

________________________________________________________________________________
4    SOURCE OF FUNDS

WC

________________________________________________________________________________
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
PURSUANT TO ITEMS 2(d) OR 2(e)                                   [_]

________________________________________________________________________________
6    CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

________________________________________________________________________________
7    SOLE VOTING POWER

NUMBER OF         61,072

SHARES      _________________________________________________________________
8    SHARED VOTING POWER
BENEFICIALLY        
None
OWNED BY          
_________________________________________________________________
EACH       9    SOLE DISPOSITIVE POWER

REPORTING         61,072

PERSON      _________________________________________________________________
10   SHARED DISPOSITIVE POWER
WITH            
None

________________________________________________________________________________
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

61,072 shares

________________________________________________________________________________
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

[_]

________________________________________________________________________________
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

.936

________________________________________________________________________________
14   TYPE OF REPORTING PERSON

PN

________________________________________________________________________________

(Page 3 of 7 Pages)

Amendment No. 1 to SCHEDULE 13D

CUSIP No. 36237H101                                            Page 4 of 7 Pages

________________________________________________________________________________
1    NAME OF REPORTING PERSON:   Wynnefield Partners Small Cap Value Offshore
Fund, Ltd.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON:    Not Applicable

________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [X]
(b)  [_]

________________________________________________________________________________
3    SEC USE ONLY

________________________________________________________________________________
4    SOURCE OF FUNDS

WC

________________________________________________________________________________
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
PURSUANT TO ITEMS 2(d) OR 2(e)                                   [_]

________________________________________________________________________________
6    CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

________________________________________________________________________________
7    SOLE VOTING POWER

NUMBER OF         13,100

SHARES      _________________________________________________________________
8    SHARED VOTING POWER
BENEFICIALLY        
None
OWNED BY          
_________________________________________________________________
EACH       9    SOLE DISPOSITIVE POWER

REPORTING         13,100

PERSON      _________________________________________________________________
10   SHARED DISPOSITIVE POWER
WITH            
None

________________________________________________________________________________
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

13,100 shares

________________________________________________________________________________
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

[_]

________________________________________________________________________________
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

.201

________________________________________________________________________________
14   TYPE OF REPORTING PERSON

CO

________________________________________________________________________________

(Page 4 of 7 Pages)

Amendment No. 1 to SCHEDULE 13D

CUSIP No. 36237H101                                            Page 5 of 7 Pages

________________________________________________________________________________
1    NAME OF REPORTING PERSON:   Channel Partnership II
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON:   22-3215653

________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [X]
(b)  [_]

________________________________________________________________________________
3    SEC USE ONLY

________________________________________________________________________________
4    SOURCE OF FUNDS

WC

________________________________________________________________________________
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
PURSUANT TO ITEMS 2(d) OR 2(e)                                   [_]

________________________________________________________________________________
6    CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

________________________________________________________________________________
7    SOLE VOTING POWER

NUMBER OF         7,100

SHARES      _________________________________________________________________
8    SHARED VOTING POWER
BENEFICIALLY        
None
OWNED BY          
_________________________________________________________________
EACH       9    SOLE DISPOSITIVE POWER

REPORTING         7,100

PERSON      _________________________________________________________________
10   SHARED DISPOSITIVE POWER
WITH            
None

________________________________________________________________________________
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,100 shares

________________________________________________________________________________
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

[_]

________________________________________________________________________________
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

.109

________________________________________________________________________________
14   TYPE OF REPORTING PERSON

PN

________________________________________________________________________________

(Page 5 of 7 Pages)

AMENDMENT NO. 1 TO SCHEDULE 13D

Item 1. Security and Issuer.

This statement  relates to shares of the common stock,  par value $.001 per
share,  of G-III  Apparel  Group Ltd.  (the  "Issuer").  The Issuer's  principal
executive offices are located at 345 West 37th Street, New York, New York 10018.

Item 2. Identity and Background.

This statement is being filed by Wynnefield  Partners Small Cap Value, L.P.
("Wynnefield") and Wynnefield Partners Small Cap Value, L.P. I ("Wynnefield-I"),
limited  partnerships  formed  under  the  laws of the  State of  Delaware  (the
"Partnerships"),  Wynnefield  Small  Cap Value  Offshore  Fund,  Ltd.,  a Cayman
Islands  corporation  (the  "Fund"),  and  Channel  Partnership  II, a  Delaware
partnership  ("Channel"),  collectively  referred  to herein as the  "Wynnefield
Entities". The principal business of the Wynnefield Entities is investments, and
the address of their principal offices is One Penn Plaza,  Suite 4720, New York,
New York 10119.

Nelson Obus,  Joshua Landes and Robert Melnick are the managing  members of
Wynnefield  Capital  Management,   LLC  ("WCM"),  the  general  partner  of  the
Partnerships,   and  their  principal  business  address  is  the  same  as  the
Partnerships'. The principal occupations of Messrs. Obus, Landes and Melnick are
to manage the investments of the Wynnefield Entities.  They are also officers of
the Fund and partners of Channel.

During the past five years,  neither the Partnerships,  the Fund,  Channel,
WCM, Mr. Obus,  Mr. Landes nor Mr.  Melnick (a) has been convicted in a criminal
proceeding  (excluding  traffic  violations or similar  misdemeanors) or (b) has
been a party to a civil  proceeding  of a  judicial  or  administrative  body of
competent  jurisdiction,  as a result of which it or he was or is  subject  to a
judgment,  decree or final order enjoining future  violations of, or prohibiting
or mandating  activities subject to, federal or state securities laws or finding
any violation with respect to such laws.

Messrs. Obus, Landes and Melnick are citizens of the United States.

Item 3. Source and Amount of Fund or Other Consideration.

The  169,932  shares of the Issuer  held by the  Wynnefield  Entities  were
purchased for cash,  which was provided from the working  capital of each of the
Wynnefield Entities.

Item 4. Purpose of Transaction.

All  169,932  shares of the Issuer  held by the  Wynnefield  Entities  were
purchased for investment.

Item 5. Interest in Securities of the Issuer.

The  shares of the  Issuer  held by the  Wynnefield  Entities  reflect  the
following transactions during the 60 days immediately preceding the date of this
amended  statement:  On December 28, 1998, the Fund  purchased  3,000 shares for
$1.675 each.  On December  29, 1998,  the  Wynnefield  Entities  sold a total of
270,000  shares of the Issuer,  namely,  172,000 shares were sold by Wynnefield,
64,000  shares were sold by  Wynnefield-I,  26,000 shares were sold by the Fund,
and 8,000 shares were sold by Channel, for $8.8258 each.

The 169,932 shares of the Issuer held by the Wynnefield Entities, after
giving  effect to the December  1998  transactions  described  in the  preceding
paragraph,  are owned as follows:  Wynnefield  owns 88,660 shares,

(Page 6 of 7 Pages)

Wynnefield-I owns 61,072 shares,  the Fund owns 13,100 shares,  and Channel owns
7,100 shares. Such 169,932 shares represent  approximately  2.604% of the common
stock of the Issuer  outstanding  as of October 31, 1998,  based on the Issuer's
most  recent  quarterly  report on Form 10-Q.  Accordingly,  after this  amended
statement is filed, the Wynnefield Entities will no longer be required to report
their  purchases  and sales of the Issuer's  shares under  Section 13 (d) of the
Securities Exchange Act of 1934, as amended,  unless subsequent  purchases bring
their collective holdings over the 5% threshold.

Messrs.  Obus, Landes and Melnick, the managing members of WCM (the general
partner of the  Partnerships),  the  officers  of the Fund and the  partners  of
Channel  have the sole power to vote,  or to direct  the vote,  or to direct the
sale or other  disposition  of, the shares held by the Wynnefield  Entities.  In
such capacities, Messrs. Obus, Landes and Melnick have the sole power to receive
or to direct the receipt of the  proceeds  from the sale of the  shares,  or any
dividends paid with respect to the shares held by the Wynnefield Entities.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.

Neither the Wynnefield Entities,  WCM, Mr. Obus, Mr. Landes nor Mr. Melnick
has any  contracts,  arrangements,  understandings  or  relationships  (legal or
otherwise)  with  respect to the shares of the  Issuer.  None of such  shares is
pledged or otherwise  subject to a  contingency,  the  occurrence of which would
give another person voting or investment power over them.

Item 7. Material to be Filed as Exhibits.

None

SIGNATURES

After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify  that the  information  set  forth in this  amended  statement  is true,
complete and correct.

January 11, 1999
- --------------------------
(Date)

WYNNEFIELD PARTNERS SMALL  CAP VALUE, L.P.
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.  I
By Wynnefield Capital Management, LLC

By:  /s/ Nelson Obus
-----------------------------------
Managing Member

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.

By:  /s/ Nelson Obus
-----------------------------------
Authorized Officer

CHANNEL PARTNERSHIP II

By:  /s/ Nelson Obus
-----------------------------------
General Partner

(Page 7 of 7 Pages)