MIAMI–(HISPANIC PR WIRE – BUSINESS WIRE)–Nov. 18, 2003–Perry Ellis International Inc. (Nasdaq:PERY) announced today that it has entered into a license agreement with Randa Corp. for the manufacture and distribution of John Henry(R) brand neckwear.
“John Henry(R)’s versatile look and contemporary styling keeps the brand among the most popular in our portfolio,” said Oscar Feldenkreis, president and chief operating officer. “Randa’s neckwear design will sustain the brand’s image as the modern business casual lifestyle brand.”
“We are thrilled to enhance our association with a great company like Perry Ellis International by adding another one of their compelling brands to our portfolio,” said Paul F. Rosengard, executive vice president of Randa Corp. “John Henry(R) is a nationally recognized brand, synonymous with modern classic style, quality and value.”
About Perry Ellis International Inc.
Perry Ellis International Inc. (PEI) is a leading designer, distributor and licensor of a broad line of high quality men’s sportswear, including dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and swimwear to all levels of retail distribution. PEI, through its wholly owned subsidiaries, owns or licenses a portfolio of brands that includes 25 of the leading names in fashion such as Perry Ellis(R), Jantzen(R), Munsingwear(R), John Henry(R), Grand Slam(R), Natural Issue(R), Penguin Sport(R), Ping(R) golf apparel, the Havanera Co.(TM), Axis(R), and Tricots St. Raphael(R). Additional information on PEI is available at http://www.pery.com.
Safe Harbor Statement
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. The actual results of Perry Ellis could differ materially from those expressed or indicated by forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the Perry Ellis’ filings with the SEC. Any forward-looking statements speak only as of the day hereof and Perry Ellis disclaims any intent or obligation to update the same.
Perry Ellis International, Inc., Miami
Jim Scully, 305/873-1383