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Perry Ellis International Announces New Licenses for Perry Ellis and Original Penguin Brands

20:00 EDT 11 Aug 2015 | Globe Newswire

MIAMI, Aug. 12, 2015 (GLOBE NEWSWIRE) -- (Nasdaq:PERY) – Perry Ellis International announced today that it has entered into license agreements with Itochu Prominent USA, LLC for men's dress shirts under the Perry Ellis® trademark and for men's dress shirts and tailored clothing under the Original Penguin® trademark in the U.S. and Canada.

The Original Penguin collections will be marketed in better department stores including Nordstrom's, Lord & Taylor, Bloomingdale's, The Bay and better men's specialty stores and will be available for Spring 2016. Itochu will launch Perry Ellis dress shirts for Spring 2016 and will continue to build on the current Perry Ellis dress shirt business and distribution, as well as its successful Perry Ellis tailored clothing business.

Perry Ellis and Original Penguin are two of the most recognizable consumer brands. Their products are sold internationally through company-owned retail stores, major retailers and specialty stores, as well as on www.PerryEllis.com and www.OriginalPenguin.com.

"We are delighted to expand our partnership with Itochu Prominent, one of the largest world companies, which will allow us to extend the reach of our global portfolio of lifestyle brands," remarked George Feldenkreis, chairman & chief executive officer of Perry Ellis International. 

"Our relationship with the Perry Ellis brand in the tailored clothing area has been a very successful one," said Dan Orwig, Group President of Itochu Prominent's Men's Division, "and we are delighted to now also work with Perry Ellis International on other businesses including Perry Ellis dress shirts, Original Penguin dress shirts and tailored clothing. This move is an exciting complement to our existing men's business, and we are particularly pleased to significantly deepen what has been a very rewarding association with Perry Ellis International." 

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. 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®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®,  Manhattan®, Axist®, Jantzen® and Farah®.  The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel. Additional information on the Company is available at http://www.pery.com.

About Itochu Prominent USA, LLC

With headquarters in midtown Manhattan and a network of eight offices and branches across the U.S., ITOCHU International is the North American flagship subsidiary of Tokyo-based Fortune Global 500 investment and trading company ITOCHU Corporation. Between its trading activities and the operations of its portfolio of some 20 subsidiary companies, ITOCHU International has a presence in a wide range of industries -- from machinery, food and construction materials to electric power, healthcare, textiles & apparel. 

CONTACT: Maria Folyk-Kushneir
         SVP of Licensing
         Perry Ellis International
         maria.folyk-kushneir@pery.com
         212-536-5718
         
         Dan Orwig
         Group President of Itochu Prominent's Men's Division
         212-827-5600

Perry Ellis International, Inc. logo

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