Published: August 10, 2010
Perry Ellis International Launches PGA TOUR Collegiate Apparel Program
MIAMI - (BUSINESS WIRE) - Perry Ellis International (NASDAQ:PERY) announced today the launch of
PGA TOUR Collegiate Apparel at retail accounts nationwide, offered
through a licensing agreement with The Collegiate Licensing Company
(CLC), a division of IMG Worldwide, and the PGA TOUR. The merchandise
will bear the logos of top colleges and universities around the country
and will be available in over 500 locations across the U.S.
Unique to this brand of collegiate apparel, professional golfers from
the PGA TOUR will be wearing the logos and colors of their alma maters
during tournament play. Four players will participate in the initial
launch: Woody Austin (University of Miami, class of '86), Justin Bolli
(University of Georgia, class of '99), Hunter Haas (The University of
Oklahoma, class of '00) and Omar Uresti (The University of Texas, class
of '91).
"CLC is the nation's leading collegiate trademark licensing company,
currently representing more than 200 colleges, universities, bowl games
and athletic conferences in the U.S. We are extremely excited about this
partnership and look forward to expanding with the PGA TOUR into a niche
market of unbelievable potential," said Oscar Feldenkreis, President and
Chief Operating Officer of Perry Ellis International.
The new collegiate line will be available throughout the United States
at several channels of retail distribution including department stores,
sporting goods stores, college book store fan shops, and the internet
and catalogs, with PEI providing its expertise in design, sourcing and
distribution. The product will launch for the back-to-school 2010 season
and will include performance knit polos for 13 top schools. Products for
the holiday season will also include fleece, wind wear, jackets and long
sleeve performance knits. Expansion plans include an additional 50
schools.
"There has always been a strong connection between golf consumers and
the college fan base," stated Scott Bouyack, Vice President of Apparel
Marketing for CLC. "We believe this partnership with PEI will be
successful in further extending that connection through innovative
retail product, as well as the visibility the products and the
collegiate brands will receive from collegiate alumni on the PGA TOUR
that participate in the marketing program."
About 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 and casual pants and
shorts, jeans wear, active wear and men's and women's swimwear is
available through all major levels of retail distribution. The Company,
through its wholly owned subsidiaries, owns a portfolio of nationally
and internationally recognized brands including Perry Ellis, Jantzen®,
Laundry by Shelli Segal, C&C California®, Cubavera®, Centro®, Solero®,
Munsingwear, Savane®, Original Penguin by Munsingwear®, Grand Slam®,
Natural Issue, Pro Player®, the Havanera Co.®, Axis®, Tricots St.
Raphael, Gotcha®, Girl Star®, MCD John Henry®, Mondo di Marco®,
Redsand, Manhattan®, Axist and Farah®. The Company enhances its roster
of brands by licensing trademarks from third parties including Pierre
Cardin for men's sportswear, Nike and Jag for swimwear, and Callaway
Golf, TOP-FLITE®, PGA TOUR and Champions Tour for golf apparel.
Additional information on the Company is available at http://www.pery.com.
About The Collegiate Licensing Company (CLC)
CLC is a division of global sports and entertainment company IMG.
Founded in 1981, CLC is the oldest and largest collegiate licensing
agency in the U.S. and currently represents nearly 200 colleges,
universities, bowl games, athletic conferences, The Heisman Trophy and
the NCAA. The mission of CLC is to be the guiding force in collegiate
trademark licensing and one of the top sports licensing firms in the
country. CLC is dedicated to being a center of excellence in providing
licensing services of the highest quality to its member institutions,
licensees, retailers and consumers. Headquartered in Atlanta (Ga.), CLC
is a full-service licensing representative, which employs a staff of
more than 80 licensing professionals who provide full-service
capabilities in brand protection, brand management, and brand
development. For more information on CLC, visit: www.clc.com
or www.imgworld.com.
About PGA TOUR
The PGA TOUR is the world's premier membership organization for touring
professional golfers, co-sanctioning more than 100 tournaments on the
PGA TOUR, Champions Tour and Nationwide Tour.
The PGA TOUR's mission is to entertain and inspire its fans, deliver
substantial value to its partners, create outlets for volunteers to give
back, generate significant charitable and economic impact in communities
in which it plays, and provide financial opportunities for TOUR players.
In 2010, the three Tours collectively have tournaments in 34 states and
in 12 countries outside of the U.S. PGA TOUR tournaments are broadcast
to nearly 600 million households in 225 countries and 30 languages.
Virtually all tournaments are organized as nonprofit organizations in
order to maximize charitable giving. In 2009, tournaments on the three
Tours generated $108 million for local charitable organizations. The
TOUR's all-time total of charitable contributions is approaching $1.5
billion.
The PGA TOUR's web site is PGATOUR.COM,
the No. 1 site in golf, and the company is headquartered in Ponte Vedra
Beach, FL.
Safe Harbor Statement
We caution readers that the forward-looking statements (statements which
are not historical facts) in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are based on current expectations
rather than historical facts and they are indicated by words or phrases
such as "anticipate," "could," "may," "might," "potential," "predict,"
"should," "estimate," "expect," "project," "believe," "plan,"
"envision," "continue," "intend," "target," "contemplate," or "will" and
similar words or phrases or comparable terminology. We have based such
forward-looking statements on our current expectations, assumptions,
estimates and projections. While we believe these expectations,
assumptions, estimates and projections are reasonable, such
forward-looking statements are only predictions and involve known and
unknown risks and uncertainties, and other factors that may cause actual
results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements, many of which are beyond our control. These
factors include: general economic conditions, a significant decrease in
business from or loss of any of our major customers or programs,
anticipated and unanticipated trends and conditions in our industry,
including the impact of recent or future retail and wholesale
consolidation, the effectiveness of our planned advertising, marketing
and promotional campaigns, our ability to contain costs, disruptions in
the supply chain, our future capital needs and our ability to obtain
financing, our ability to integrate acquired businesses, trademarks,
tradenames and licenses, our ability to predict consumer preferences and
changes in fashion trends and consumer acceptance of both new designs
and newly introduced products, the termination or non-renewal of any
material license agreements to which we are a party, changes in the
costs of raw materials, labor and advertising, our ability to carry out
growth strategies including expansion in international and direct to
consumer retail markets, the level of consumer spending for apparel and
other merchandise, our ability to compete, exposure to foreign currency
risk and interest rate risk, possible disruption in commercial
activities due to terrorist activity and armed conflict, and other
factors set forth in Perry Ellis International's filings with the
Securities and Exchange Commission. Investors are cautioned that all
forward-looking statements involve risks and uncertainties, including
those risks and uncertainties detailed in Perry Ellis' filings with the
SEC. You are cautioned not to place undue reliance on these
forward-looking statements, which are valid only as of the date they
were made. We undertake no obligation to update or revise any
forward-looking statements to reflect new information or the occurrence
of unanticipated events or otherwise.

For Perry Ellis International, Inc.
Integrated Corporate Relations
Allison
Malkin, 203-682-8225
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