Utex Fashion Group Acquires U.S. Licenses for Daniel Hechter Paris Tailored Men's / Men's Outerwear

MONTREAL, CANADA: January 4, 2008 – 2008 will mark the 65th anniversary of Utex Fashion Group, based in Montreal and New York. With its head office in the city which is the meeting place of European and North American lifestyle and with its expertise in outerwear, men’s tailored and casual clothing, it is natural for Utex to introduce Daniel Hechter Outerwear and Daniel Hechter Tailored Clothing for Men to the United States. UFG currently holds the Canadian license for Daniel Hechter Tailored Clothing for Men.

Daniel Hechter Paris annually generates $300 million (U.S.) in retail sales both within Europe and through 65 strategic licensees in over 40 countries worldwide. The company, founded in Paris in 1962 by Daniel Hechter and acquired in 1998 by its leading European licensee Miltenberger Otto Aulbach Ghbh, continues to nurture concepts and styles which represent creative fashion and high-quality value for a wide range of consumers. These products have earned the sobriquet of “savoir vivre” – the art of living well.

The synergy between Daniel Hechter Paris and Utex Fashion Group will provide a strong bridge between the look, feel and joie de vivre of the European market and the very real but different fashion sense and mood of the North-American male. Elegance, style and quality will unify the two and provide them with a unique point of view.

The well-dressed man who will wear Daniel Hechter is both young and young at heart. He is a modern professional and businessman between 25 and 49 who clearly understands good style, but whose fashion sense demands affordable quality and interesting choices as well.

ABOUT UFG
Utex Fashion Group designs and distributes men’s outerwear under the Radley®, Daniel Hechter®, Utex, Massimo Moda and Perry Ellis® labels. UFG’s men’s suits, jackets and sportswear are under the Radley®, Utex, U&I, Daniel Hechter® and Claudio Morelli labels. The company also designs and distributes ladies' outerwear under the Utex, Hilary Radley®, Jones New York® and Perry Ellis® labels.

World headquarters are located in Montreal, Canada, with the U.S. head office in New York City. Showrooms are located in
New York, Montreal and Toronto.

For more information, contact:
Howard Barrett, Director
Marketing Initiatives
tel: (514) 271-0800
markinit@look.ca