Innovo Group to Present at the ICR XChange Leisure and Lifestyle Conference

Innovo Group Inc. , a sales and marketing organization designing and selling branded and private label apparel and accessory products to the retail and private label markets, today announced that management will deliver a presentation on behalf of the company at the Integrated Corporate Relations Seventh Annual XChange Conference to be held January 13-14, 2005 at La Costa Resort & Spa in Carlsbad, CA. The ICR XChange will feature over 80 leading companies from numerous branded consumer industries brought together to participate in management presentations and panel discussions regarding retail and market trends.

Representing Innovo Group at the conference will be Jay Furrow, Chief Executive Officer, and Marc Crossman, President and Chief Financial Officer. Mr. Furrow and Mr. Crossman will be highlighting the company's current strategy and growth opportunities during a presentation scheduled for Thursday, January 13, 2005 at 9:25 a.m. (Pacific Time).

The presentation will be available via live webcast on the company's website at www.innovogroup.com.

About Innovo Group Inc.

Innovo Group Inc., through its subsidiaries Innovo Inc., Innovo Azteca Apparel, Inc. and Joe's Jeans, Inc., is a sales and marketing organization designing and selling craft, apparel and accessory products to the retail and premium markets. The Company's craft products include canvas and denim tote bags and aprons. The Company's branded and private label apparel products consist of knit shirts and women's high-end denim jeans and knit shirts featuring Joe's® and other brands. The Company's accessory product line is comprised of such products as licensed and non-licensed backpacks, tote bags, waist packs and handbags. The Company currently produces products under license agreements and other agreements for private label and branded products. More information is available at the company web site at www.innovogroup.com.

Statements in this news release which are not purely historical facts are forward-looking statements, including statements containing the words "believe," "estimate, "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are based upon information available to Innovo Group Inc. on the date of this release. Any forward-looking statement inherently involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, successful implementation of its strategic plan, the extension or refinancing of its existing bank facility and the restrictions any such extension or refinancing could place on the company, the ability to obtain new financing from other financing sources, the ability to generate positive cash flow from operations and asset sales, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Readers are cautioned not to place undue reliance on forward-looking statements.

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