Perry Ellis International Taps Denise Miller as President of Rafaella
MIAMI -- July 16, 2012
Perry Ellis International, Inc. (NASDAQ: PERY) today announced Denise Miller
as President of Rafaella Sportswear effective immediately. Ms. Miller, an
experienced fashion executive with an impressive background including
positions with the Kellwood Corporation, and most recently with G-III Apparel
where she served as President of Calvin Klein suits and suit separates, has
joined the Company as part of Perry Ellis International’s strategic move to
further strengthen Rafaella’s positioning among the leading women’s sportswear
Reporting to Vice-Chairman, President, and COO of Perry Ellis International
Oscar Feldenkreis, Ms. Miller will be based out of the Company’s New York City
office and will be responsible for all aspects of the Rafaella business
including sales, design, merchandising and operations.
“We are pleased to welcome Denise to Perry Ellis International and are very
excited about the breadth of experience in brand-building and leadership that
she brings to the Company,” commented Oscar Feldenkreis. “We would also like
to thank Lana Todorovich for her leadership while serving as Interim President
of the Rafaella business.” Ms. Todorovich will resume her role as President of
Swim, Ladies Activewear and Shapewear.
The Company has also strengthened its design and merchandising functions
within Rafaella by installing Veronica Davis who currently serves as EVP of
Design for Laundry by Shelli Segal. She will oversee those functions for both
businesses. Rafaella will continue to grow within the Perry Ellis
International portfolio of brands, delivering great fashionable products and
exploring new innovative avenues for marketing and sales, including its
ecommerce site, www.rafaellasportswear.com, which successfully launched within
the past year.
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, as well as select children's apparel. The
Company's collection of dress and casual shirts, golf sportswear, sweaters,
dress pants, casual pants and shorts, jeans wear, active wear, dresses 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(R), Original Penguin(R) by Munsingwear(R), Jantzen(R), Laundry by
Shelli Segal(R), C&C California(R), Rafaella(R), Ben Hogan(R), Grand Slam(R),
Savane(R), Axist(R), Manhattan(R), Farah(R), Cubavera(R), the Havanera Co.(R),
Centro(R), Solero(R), John Henry(R), Munsingwear(R), Natural Issue(R), Pro
Player(R), Axis(R), Tricots St. Raphael(R), Gotcha(R), Girl Star(R), MCD(R),
Mondo di Marco(R), Redsand(R), Anchor Blue(R) and Miller's Outpost(R). The
Company enhances its roster of brands by licensing trademarks from third
parties, including: Nike(R) and Jag(R) for swimwear, and Callaway(R), PGA
TOUR(R) and Champions Tour(R) for golf apparel. Additional information on the
Company is available at http://www.pery.com.
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," "believe," "budget," "contemplate," "continue," "could,"
"estimate," "expect," "guidance," "indicate," "intend," "may," "might,"
"plan," "possibly," "potential," "predict," "probably," "proforma," "project,"
"seek," "should," "target," 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, recent and future
economic conditions, including turmoil in the financial and credit markets,
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
protect our trademarks, our ability to integrate acquired businesses,
trademarks, trade names 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.
Perry Ellis International
Miguel Garcia, 305-873-1830
Lividini & Co.
Lori Rhodes, 212-252-8881
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