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New Licenses for Perry Ellis and Original Penguin Brands
Perry Ellis International (Nasdaq:PERY) 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.”
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.
