Perry Ellis International news and archive

Perry Ellis completes acquisition deal with George Feldenkreis

Perry Ellis International, Inc. has completed its acquisition by an entity controlled by the company’s founder George Feldenkreis in which Perry Ellis has become a private company through a 437 million dollars transaction. “Today, Perry Ellis enters an exciting new chapter as a private enterprise,” said George Feldenkreis in a statement, adding,...

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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...

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Perry Ellis signs license agreement with Six Lincoln

Perry Ellis International, Inc. has announced that it entered into a license agreement with Six Lincoln, LLC for boy’s sportswear, active wear and swimwear apparel for newborns, infants and toddlers. “Six Lincoln is a well-established children’s apparel leader and I am thrilled we will be working together in fashioning boys' sport, active and...

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Perry Ellis extends Laundry by Shelli Segal's license agreement with The Levy Group

Perry Ellis International, Inc. has announced extension of the license for Laundry by Shelli Segal and Laundry by Design outerwear and a new license agreement for Laundry by Shelli Segal and Laundry by Design dresses with The Levy Group. The company said that the new dress collection will launch with the spring 2019 collection. “We look forward...

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Perry Ellis extends license deal with TP Korea for Ben Hogan golfwear

Perry Ellis International, Inc. has announced that it expanded the license agreement with TP Korea Co. Ltd granting rights to design and distribute Ben Hogan performance golfwear in South Korea. The company said that the collection launched in the fourth quarter on home shopping networks, includes men’s performance golf apparel: sweaters,...

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Perry Ellis receives revised takeover offer from Randa

Perry Ellis International has received a revised, non-binding, unsolicited proposal from privately-held Randa Accessories Leather Goods LLC (Randa) to acquire 100 percent of the outstanding common stock of Perry Ellis for 28.90 dollars per share in cash. The company had earlier rejected Randa’s 28 dollars per share proposal in favour of a 437...

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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...

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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....

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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...