Perry Ellis Completes Transaction with George Feldenkreis Perry Ellis Shareholders to Receive $27.50 Per Share in Cash MIAMI, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (“Perry Ellis” or the “Company”) today announced the successful completion of its acquisition by an entity controlled by George Feldenkreis in which Perry Ellis has become a private company through a $437 million transaction. Under the terms of the Feldenkreis merger agreement, Perry Ellis’ unaffiliated shareholders will receive $27.50 per share in cash. Shares of Perry Ellis ceased trading on the...
Perry Ellis Shareholders Approve Proposed Transaction with George Feldenkreis Perry Ellis Shareholders to Receive $27.50 Per Share in Cash 75% of Outstanding Shares Not Owned by Affiliates Voted In Favor of Transaction Closing Expected in Coming Days MIAMI, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ:PERY) (“Perry Ellis” or the “Company”) today announced that based on the vote tally from the Special Meeting held today, Perry Ellis shareholders have approved the proposed transaction with George Feldenkreis in which Perry Ellis will become a private company ...
Perry Ellis International Announces Tech Accessories License Agreement for Laundry by Shelli Segal MIAMI, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq:PERY) announced today that it has entered into a license agreement with Racing Shield HK Limited (Racing Shield AB) to include mobile phone cases, earphones, and tech accessories under the Laundry by Shelli Segal® brand. The new collection is expected to launch Summer 2019 in department stores, specialty stores and wireless retailers in the U.S., Canada and Mexico. A leader in fashion, the Laundry by Shell...
Perry Ellis International Announces Girls Dress License Agreement for Laundry by Shelli Segal MIAMI, Oct. 08, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq:PERY) announced today that it has entered into a license agreement with BAK Apparel, Inc. to include day and special occasion dresses as well as shrugs, toppers and coordinate sweaters for girls ranging in age from four to thirteen under the Laundry by Shelli Segal® brand. The new collection is expected to launch in Spring 2019 in department stores and specialty retailers in the United States and Canada. A leade...
Perry Ellis Files Investor Presentation In Connection with Feldenkreis Transaction Highlights Special Committee’s Strategic Review Process Recommends Shareholders Vote “FOR” the Feldenkreis Transaction MIAMI, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ: PERY) (“Perry Ellis” or the “Company”) today announced that it has filed an investor presentation with the Securities and Exchange Commission (the “SEC”) in connection with the previously announced $437 million transaction to become a private company through an acquisition led by George Feldenkreis, wh...
Perry Ellis International and the PGA TOUR Announce New License Agreement Expanding Its Partnership with New Product Offerings MIAMI, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PERY: Nasdaq) and the PGA TOUR® announced today an extension of their 14-year partnership through July 31, 2022, across all major channels of distribution. Perry Ellis International’s golf division (PEI Golf) now has the PGA TOUR license in the United States, Canada, the United Kingdom, Ireland and Mexico. In addition to the golf apparel extension, PEI Golf has the license for Belts, Wall...
Perry Ellis Files Definitive Proxy Materials In Connection with Feldenkreis Transaction Schedules October 18, 2018 Special Meeting of Shareholders to Vote on Transaction Board of Directors Recommends Shareholders Vote “FOR” the Transaction MIAMI, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ:PERY) (“Perry Ellis” or the “Company”) today announced that it filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) on September 10, 2018 in connection with the Feldenkreis transaction and commenced mailing the proxy statem...
Perry Ellis International, Inc. Announces License Agreement for Laundry by Shelli Segal MIAMI, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PERY:Nasdaq) has entered into a license agreement for the Laundry by Shelli Segal® brand with Thread Collective, Inc. granting rights to design and distribute Laundry by Shelli Segal sportswear product such as skirts, shirts, pants, sweaters and jackets for women in the U.S., Canada and Mexico. The collection will launch in Spring 2019 in department and specialty stores. A leader in fashion, the Laundry by Shelli Segal brand h...
Perry Ellis International Reports Second Quarter Fiscal 2019 Results MIAMI, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ: PERY) today reported results for the second quarter ended August 4, 2018 (“second quarter of fiscal 2019”). Key Fiscal Second Quarter 2019 Financial Highlights: Total revenues were $199 million, declining 3.5% on a GAAP basis (3.8% in constant currency) from $207 million reported in the second quarter of fiscal 2018GAAP gross margin expanded 110 basis points to 38.1% as compared to 37.0% in the prior year period reflecting increases in ...
Perry Ellis International to Release Fiscal 2019 Second Quarter Results MIAMI, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ:PERY) announced today that the Company will release its financial results for the second quarter on Thursday, August 30th, 2018 before the market opens. The Company will sponsor a conference call to discuss these results the same day at 9:00 a.m. EST (8:00 a.m. CST; 7:00 a.m. MST; 6:00 a.m. PST). To access the live broadcast, please visit the investor relations section on the Company's homepage at . A Digital Replay of the conference ca...
Perry Ellis International Announces License Agreement for Farah Brand MIAMI, Aug. 14, 2018 (GLOBE NEWSWIRE) -- (Nasdaq: PERY) – Perry Ellis International, Inc. (“PEI”) announced today that it has entered into a license agreement with Peers Hardy (UK) Ltd, to introduce a collection of men’s watches and jewelry products under the Farah® brand in the United Kingdom and Ireland. The new collection will focus heavily on jewelry and watch retailers, department stores and online with a planned launch in SS19. The Farah® brand is rooted in rich heritage and bolstered by street credibility, lev...
Perry Ellis Terminates Discussions with Randa Accessories Leather Goods LLC Reiterates Commitment to George Feldenkreis Transaction and Reaffirms Intention to Recommend that All Perry Ellis Shareholders Vote FOR the Feldenkreis Transaction MIAMI, Aug. 14, 2018 (GLOBE NEWSWIRE) -- The Special Committee of the Perry Ellis International (NASDAQ:PERY) (“Perry Ellis” or the “Company”) Board of Directors, which comprises the independent directors, today confirmed that it has terminated discussions with privately-held Randa Accessories Leather Goods LLC (“Randa”) with respect to its revised, n...
Perry Ellis International Enters Into a New Licensing Agreement With Fashion Footwear for Havanera MIAMI, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PERY:Nasdaq) announced today that it has entered into a new license agreement with Fashion Footwear, LLC granting rights to design and distribute Havanera™ flip flops and casual footwear for men, women, boys and girls in the U.S. and Canada. Targeted distribution will include department and specialty stores as well as military exchanges and e-commerce with an expected launch in Spring 2019. Havanera is a Latin-ins...
Perry Ellis International, Inc. Signs Luggage License for Original Penguin in Mexico MIAMI, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq:PERY) announced today that it has entered into a license agreement with Kiona S.A. de C.V. granting rights to design and distribute men’s and women’s hard sided and soft sided luggage under the trademark An Original Penguin® by Munsingwear® (“Original Penguin”) in Mexico. The collection includes suitcases and trunks and is currently available in upscale department and specialty stores. Building on its appeal to youth cul...
Perry Ellis International Announces License for Perry Ellis MIAMI, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (“PEI”) (NASDAQ: PERY) announced today it has entered into a license agreement with Six Lincoln, LLC for boy’s sportswear, active wear and swimwear apparel for newborns, infants and toddlers. The product will be designed, manufactured and marketed under the Perry Ellis® brand in the United States and Canada with a planned launch in Spring 2019 at department and specialty stores. Fashion icon, Perry Ellis, believed fashion was fun, and should never be taken...
Perry Ellis International, Inc. Extends License Agreement for Laundry by Shelli Segal and Laundry by Design MIAMI, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PERY:Nasdaq) announced today that it has extended the license for Laundry by Shelli Segal® and Laundry by Design® outerwear and has entered into a new license agreement for Laundry by Shelli Segal and Laundry by Design dresses with The Levy Group. The new dress collection will launch with the Spring 2019 collection. A leader in fashion, Laundry by Shelli Segal has been setting trends and inspiring women for m...
Key Points: • The Staples Sector is leadership and many names are staging price and RS reversals. • REIT's are breaking above bases and are showing RS leadership. • Paper & Forest products are strengthening and many are reversing price and RS downtrend or breaking above bases. • Large-Cap Pharma stocks are showing leadership. Many have broken topside of multi-year consolidations or have reversed multi-year price and RS downtrends.
Perry Ellis International Expands Licensing Deal with TP Korea for Ben Hogan Golf Apparel MIAMI, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PERY:Nasdaq), announced today that it has expanded its license agreement with TP Korea Co. Ltd granting rights to design and distribute Ben Hogan® performance golfwear in South Korea. The collection includes men’s performance golf apparel: sweaters, t-shirts, pants, and vests. The line launched successfully in Q42017 on home shopping networks. Legendary golfer Ben Hogan had it right: "The most important shot in golf is the n...
Perry Ellis Confirms Receipt of Revised, Unsolicited Proposal From Randa Accessories Leather Goods LLC Advises Perry Ellis Shareholders to Take No Action at this Time MIAMI, Aug. 03, 2018 (GLOBE NEWSWIRE) -- The Special Committee of the Perry Ellis International (NASDAQ:PERY) (“Perry Ellis” or the “Company”) Board of Directors, which is composed of the independent directors, today confirmed that it has received a revised, non-binding, unsolicited proposal from privately-held Randa Accessories Leather Goods LLC (“Randa”) to acquire 100% of the outstanding common stock of Perry Ellis for ...
Perry Ellis Special Committee Reiterates Commitment to George Feldenkreis Transaction Comments on Randa’s July 16, 2018 Letter MIAMI, July 18, 2018 (GLOBE NEWSWIRE) -- The Special Committee of the Perry Ellis International, Inc. (NASDAQ:PERY) (“Perry Ellis” or the “Company”) Board of Directors, which is composed of the independent directors, today reiterated its commitment to the George Feldenkreis transaction and its intention to recommend that all Perry Ellis shareholders vote FOR the Feldenkreis transaction. As previously announced on June 16, 2018, Perry Ellis’ Board of Directors, ...
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