Perry Ellis International news and archive

Perry Ellis to go private as shareholders vote in favour of founder

Perry Ellis International, Inc. announced that based on the vote tally from the special meeting held on Thursday, the company’s shareholders approved the proposed transaction with founder George Feldenkreis in which Perry Ellis will become a private company through a 437 million dollars transaction. Under the terms of the Feldenkreis merger...

Business

Perry Ellis receives takeover proposal from Randa

Perry Ellis International’s board of directors has confirmed receipt of a non-binding, unsolicited proposal from privately-held Randa Accessories Leather Goods LLC to acquire 100 percent of the fully diluted common stock of Perry Ellis for 28 dollars per share in cash. Recently, on June 16, Perry Ellis unanimously approved a 437 million dollars...

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Perry Ellis to go private in a 437 million dollars deal with founder George Feldenkreis

Perry Ellis International has entered into a 437 million dollars transaction to become a private company through an acquisition led by George Feldenkreis, Perry Ellis’ Founder and member of the company’s board of directors. Through this deal, he will acquire all of the outstanding common shares of Perry Ellis not already beneficially owned by...

Business

Perry Ellis International's Q1 revenue up 5.4 percent

Total revenue for the first quarter of fiscal 2019 at Perry Ellis International was 255 million dollars, a 5.4 percent or 4.5 percent constant currency increase. The increase in revenue includes a 1.5 million dollars increase due to the adoption of the new revenue recognition standard, offset by declines in the women’s business. Commenting on...

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George Feldenkreis nominates four members to Perry Ellis board

George Feldenkreis, the largest shareholder of Perry Ellis International, Inc. with approximately 10.8 percent of the company’s outstanding common stock, has nominated Oscar Feldenkreis, Mary Ellen Kanoff, Scott A. LaPorta and Matthew McEvoy for election to the Perry Ellis board of directors at the upcoming 2018 annual meeting of shareholders....

Business

Perry Ellis and Rosega sign license deal for Manhattan in Argentina

Perry Ellis International, Inc. has entered into a license agreement with Rosega S.A. to design and distribute men’s dress shirts under the Manhattan trademark in Argentina. The company said that the collection will be distributed in department and specialty stores with a product launch planned in the fall 2018. "We are excited to welcome Rosega...

Business

Perry Ellis signs license deal to market Gotcha brand in North Africa

Perry Ellis International, Inc. has signed a license agreement with Casablanca-based retail group, Kennek FZE for them to source and distribute a full range of products from surf, skate and ski brand Gotcha in North Africa. Kennek, which is the manufacturer and distributor in North Africa for brands including Billabong, Elements, O’Neil and Rip...

Business

Perry Ellis inks license agreement with Kennek for Gotcha

Perry Ellis International, Inc. has entered into a license agreement with Kennek FZE in North Africa to source and distribute a full range of products from surf boards and wetsuits to casual wear and footwear under the Gotcha brand. The company said in a media statement that Kennek plans to open eight Gotcha mono-brand stores in Morocco, Tunisia...

Business

Perry Ellis extends license agreement with Euroneck

Perry Ellis International, Inc. has entered into a license agreement with Euroneck, S.A. de CV to design and distribute men’s neckties, bow ties, cummerbunds, pocket squares, ascots, winter and summer scarves and hosiery under the An Original Penguin by Munsingwear (Original Penguin) trademark in Mexico. The company said, collection will be...

Business

Perry Ellis inks men's eyewear license agreement in South Korea

Perry Ellis International, Inc. (Perry Ellis) has signed a new license agreement with Taesok Optical Co. Limited for eyewear, both ophthalmic and sunglasses, under the Perry Ellis Portfolio trademark in South Korea. The company said that the collection will be distributed in home shopping networks, online and optical stores with a product launch...

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Perry Ellis International posts 2 percent revenue growth in FY18

Total revenue for the fourth quarter of fiscal 2018 at Perry Ellis International Inc was 227 million dollars, an 11.3 percent or 10.1 percent constant currency increase reflecting increases across all segments, with particular strength in men's sportswear and Nike swim. The company’s revenue for fiscal 2018 was 875 million dollars, a 2 percent...

Business

Perry Ellis signs licensing agreement with Mariscal Moda Hombre

Perry Ellis International has signed a licensing agreement with Mariscal Moda Hombre S.A. de C.V. granting rights to design and distribute Original Penguin dress shirts and tuxedo shirts in Mexico. Distribution will begin at major department stores and upscale specialty stores in Mexico with a planned launch in fall 2018. "We are enthused to...