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Perry Ellis Enters Into License
Agreement for North American Distribution of Men's and Women's Apparel
MIAMI, Florida—December 10, 2003--Perry Ellis International (Nasdaq:PERY)
announced today a new license agreement with the Utex Fashion Group (Montreal)
for the production of Perry Ellis® women's coats, rainwear and outerwear.
These product category launches are set for fall 2004 distribution in the United
States and Canada. In addition, Utex Fashion Group will be distributing Perry
Ellis(R) men's tailored clothing and men's outerwear in Canada for fall 2004.
"We are excited to expand our brand's offerings," said George Feldenkreis,
Perry Ellis International chairman and chief executive officer. "Perry Ellis®
will partner with Utex to grow the brand together."
David Gurberg, president and chief executive officer of the Utex Fashion Group,
anticipates many exciting synergies in this new relationship: "2004 marks
our 60th year as apparel designers and producers, and this new affiliation with
Perry Ellis® is a wonderful way to celebrate this special anniversary. The
Perry Ellis® lifestyle will lead us in exciting new directions, and we look
forward to working with the Perry Ellis® team for many years." Montreal
based-Utex Fashion Group also produces coats and outerwear under the Utex, Hilary
Radley, Jones New York and Massimo Moda labels. The Fall 2004 collection will
be launched to retailers in February and will be available to the consumer in
July.
For more information, contact:
Howard Barrett, Director
Marketing Initiatives
tel: (514) 271-0800
markinit@look.ca
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