MIAMI, Jul 26, 2012 (BUSINESS WIRE) –
PEI Licensing, Inc. a wholly owned subsidiary of Perry Ellis
International
/quotes/zigman/65432/quotes/nls/pery PERY
-0.79%
announced today that it has entered into a
license agreement with Bespoke Fashion LLC, to design, manufacture and
distribute men’s neckwear under the Perry Ellis, Original Penguin, John
Henry and Axist brand names.
President and COO of Perry Ellis International Oscar Feldenkreis
commented, “We are extremely pleased to once again have the opportunity
to work with Danielle Mandelbaum, CEO of Bespoke Fashion, a former
licensing partner with Superba and expert in the men’s neckwear
industry.”
Under the agreement, Bespoke will distribute product to each of the
brands’ current retail customers beginning January 2013.
“We are thrilled to partner with Perry Ellis International to create
beautiful, quality neckwear for a multitude of its industry-leading
brands. It is an exciting time at PEI and we are so grateful to be a
part of it,” commented Danielle Mandelbaum CEO of Bespoke Fashion, LLC.
A top-level team has been assembled by Ms. Mandelbaum who will partner
with the Perry Ellis International design staff and assist in defining
each brand’s aesthetic with fresh and relevant designs. Both companies
are excited about the creative collaboration and look forward to the
launch of these new neckwear lines.
About Perry Ellis International
Perry Ellis International, Inc. is a leading designer, distributor and
licensor of a broad line of high quality men’s and women’s apparel,
accessories and fragrances, as well as select children’s apparel. The
Company’s collection of dress and casual shirts, golf sportswear,
sweaters, dress pants, casual pants and shorts, jeans wear, active wear,
dresses and men’s and women’s swimwear is available through all major
levels of retail distribution. The Company, through its wholly owned
subsidiaries, owns a portfolio of nationally and internationally
recognized brands, including: Perry Ellis(R), Original Penguin(R) by
Munsingwear(R),Jantzen(R), Laundry by Shelli Segal(R), CC
California(R), Rafaella(R), Ben Hogan(R), Grand Slam(R), Savane(R),
Axist(R), Manhattan(R), Farah(R),Cubavera(R), the Havanera Co.(R),
Centro(R), Solero(R), John Henry(R), Munsingwear(R), Natural Issue(R),
Pro Player(R), Axis(R), Tricots St. Raphael(R), Gotcha(R), Girl Star(R),
MCD(R), Mondo di Marco(R), Redsand(R), Anchor Blue(R) and Miller’s
Outpost(R). The Company enhances its roster of brands by licensing
trademarks from third parties, including: Nike(R) and Jag(R) for
swimwear, and Callaway(R), PGA TOUR(R) and Champions Tour(R) for golf
apparel. Additional information on the Company is available at
http://www.pery.com .
About Bespoke Fashion LLC
Bespoke is a boutique accessories company led by industry veterans. It
is dedicated to creating products of the highest quality by partnering
with the finest fabric producers in Italy and England. In addition to
producing accessories via third party licenses, Bespoke also works with
companies such as Saks Fifth Avenue and Macy’s to create their private
label accessories.
Safe Harbor Statement
We caution readers that the forward-looking statements (statements which
are not historical facts) in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are based on current expectations
rather than historical facts and they are indicated by words or phrases
such as “anticipate,” “believe,” “budget,” “contemplate,” “continue,”
“could,” “estimate,” “expect,” “guidance,” “indicate,” “intend,” “may,”
“might,” “plan,” “possibly,” “potential,” “predict,” “probably,”
“proforma,” “project,” “seek,” “should,” “target,” or “will” and similar
words or phrases or comparable terminology. We have based such
forward-looking statements on our current expectations, assumptions,
estimates and projections. While we believe these expectations,
assumptions, estimates and projections are reasonable, such
forward-looking statements are only predictions and involve known and
unknown risks and uncertainties, and other factors that may cause actual
results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements, many of which are beyond our control. These
factors include: general economic conditions, a significant decrease in
business from or loss of any of our major customers or programs,
anticipated and unanticipated trends and conditions in our industry,
including the impact of recent or future retail and wholesale
consolidation, recent and future economic conditions, including turmoil
in the financial and credit markets, the effectiveness of our planned
advertising, marketing and promotional campaigns, our ability to contain
costs, disruptions in the supply chain, our future capital needs and our
ability to obtain financing, our ability to protect our trademarks, our
ability to integrate acquired businesses, trademarks, trade names and
licenses, our ability to predict consumer preferences and changes in
fashion trends and consumer acceptance of both new designs and newly
introduced products, the termination or non-renewal of any material
license agreements to which we are a party, changes in the costs of raw
materials, labor and advertising, our ability to carry out growth
strategies including expansion in international and direct to consumer
retail markets, the level of consumer spending for apparel and other
merchandise, our ability to compete, exposure to foreign currency risk
and interest rate risk, possible disruption in commercial activities due
to terrorist activity and armed conflict, and other factors set forth in
Perry Ellis International’s filings with the Securities and Exchange
Commission. Investors are cautioned that all forward-looking statements
involve risks and uncertainties, including those risks and uncertainties
detailed in Perry Ellis’ filings with the SEC. You are cautioned not to
place undue reliance on these forward-looking statements, which are
valid only as of the date they were made. We undertake no obligation to
update or revise any forward-looking statements to reflect new
information or the occurrence of unanticipated events or otherwise.
SOURCE: Perry Ellis International
Perry Ellis International Miguel Garcia, 305-873-1830
Copyright Business Wire 2012
/quotes/zigman/65432/quotes/nls/pery
Add to portfolio
PERY