PEI Licensing, Inc. Announces Ben Hogan Licensing Agreement With Bioworld
Merchandising Inc. for Men's and Women's Fashion Headwear and Sports Bags
MIAMI, Oct. 7, 2013 (GLOBE NEWSWIRE) -- PEI Licensing, Inc., a wholly owned
subsidiary of Perry Ellis International (Nasdaq:PERY), announced today that it
has entered into a license agreement with Bioworld Merchandising Inc.,
granting rights for Ben Hogan^® men's and women's hats and sports bags.
"An industry leader in accessory manufacturing, we feel Bioworld Merchandising
is the perfect partner for bringing the Ben Hogan brand's high-performance
standards and off-the-fairway aesthetic to life through these exciting product
extensions," said Oscar Feldenkreis, vice chairman, president and chief
operating officer for Perry Ellis International. "We are thrilled with this
agreement and the potential it brings to both our companies."
Bioworld Merchandising Inc. is a licensed brand apparel and accessory
manufacturer and one of the fastest-growing companies in the Dallas-Fort Worth
Metroplex, recognized by the Dallas Business Journal in 2010, 2011 and 2012.
The company has built a solid infrastructure to support, design,
manufacturing, and distribution to all retail channels. Bioworld has strong
relationships with major retailers and has a keen ability to spot potentially
prosperous partnerships with key licensed brands, such as this new agreement
with Ben Hogan golf apparel.
"At Bioworld, we are strategic about our brand partnerships. Ben Hogan is a
perfect fit as it reveals our expertise in the athletic performance headwear
arena. We are confident the consumers will respond favorably, and look forward
to working with Perry Ellis International on this exciting initiative,"
commented Beth Taylor, director of Licensing and New Business Development, on
the newly-inked agreement.
Product is scheduled to debut at retail for spring 2014 in select Walmart
stores. For more information on Ben Hogan or the entire portfolio of Perry
Ellis International brands, please visit: www.PERY.com. Follow the Ben Hogan
brand on Facebook, Twitter, Instagram, and Pinterest for up to date
information on this and other product news and promotions.
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®, Jantzen®, Laundry by Shelli Segal®, C&C California®, Rafaella®,
Cubavera®, Ben Hogan®, Centro®, Munsingwear®, Savane®, Original Penguin®by
Munsingwear®, Grand Slam®, Natural Issue®, Pro Player®, the Havanera Co.®,
Gotcha®, MCD®, John Henry®, Mondo di Marco®, Redsand®, Manhattan®, Axist®,
Farah®, Anchor Blue®, Miller's Outpost®, Tahoe River Outfitters®, Original
Khaki Company® and Techworks®. The Company enhances its roster of brands by
licensing trademarks from third parties, including: Nike® and Jag® for
swimwear, and Callaway®, PGA TOUR® and Champions Tour® for golf apparel.
Additional information on the Company is available at http://www.pery.com.
About Bioworld Merchandising Inc.
Bioworld Merchandising Inc. is a privately-held licensed brand apparel and
accessory manufacturer with 200 plus employees. Headquartered in Irving,
Texas, it is one of the fastest-growing companies in the Dallas-Fort Worth
Metroplex and has been recognized by the Dallas Business Journal in 2010, 2011
and 2012. Their growth comes from four key elements: new categories, increased
license agreements, new customers, and new fashion trends, as well as the
solid infrastructure to support, design, manufacture, and distribute to all
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.
CONTACT: Kelly Payfer
Vice President of Licensing, PEI Licensing Inc.
Perry Ellis International, Inc. logo
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