Perry Ellis International news and archive

Perry Ellis announces licensing agreement with Pegasus Home Fashions

Perry Ellis International (PEI) has signed a licensing agreement with Pegasus Home Fashions, a North American manufacturer in the utility bedding sector to bring a new range of home goods to market under Original Penguin, Laundry by Shelli Segal and Rafaella brands. Commenting on the development, Hugh Rovit, CEO of Pegasus Home Fashions, said in...

Business

Original Penguin enters Spanish market with Madrid store

American brand Original Penguin has entered the Spanish market for the first time with its first flagship retail store in the region. Located in Madrid’s Barrio Salamanca neighbourhood, the store houses the brand’s complete collection of men’s sportswear apparel alongside accessories like loungewear, headwear, leather goods and underwear. The...

Fashion

Perry Ellis International partners with the Miami Dolphins

Fashion and lifestyle company Perry Ellis International has announced a new partnership with the NFL team Miami Dolphins as it expands into new sporting territories. Perry Ellis International, well known in the golf and tennis world, states that the partnership with the Miami Dolphins represents a “momentous step” for the fashion company and...

Business

Perry Ellis International expands partnership with CleanHub against plastic waste

Perry Ellis International, Inc (PEI), the parent company of Original Penguin and Perry Ellis, has expanded its partnership with CleanHub to include the Perry Ellis brand in its effort to intercept plastic waste before it contaminates oceans and waterways. The expansion of its partnerships sees PEI allocating a portion of its sales towards...

Fashion

Perry Ellis International launches newest fragrance 'Blue Label' by Original Penguin

Perry Ellis International, Inc. (PEI) has launched its newest fragrance, Blue Label, for its Original Penguin brand. The fragrance launch sees the parent company expand the American brand’s fragrance offering in line with Original Pengiun’s brand ethos, "an Original Good Time." The new fragrance is said to have a "vibrant and inviting aura" that...

Business

Perry Ellis signs licensing deal with Peerless Clothing for men's tailored clothing

Perry Ellis International, Inc, (PEI) has announced licensing collaboration with Peerless Clothing International for its Perry Ellis and Original Penguin brands. This partnership, the company said, marks the return of Peerless Clothing International to the PEI portfolio, bringing together Perry Ellis and Original Penguin's iconic American style...

Retail

Menswear brand Farah opens London store

Menswear brand Farah, owned by Perry Ellis International, has opened a new 1,100-square-foot store on Berwick Street in London. The new store is split across the ground floor and basement and is part of the newly refurbished retail units at the south end of Soho's Berwick Street, managed by real estate investor Shaftesbury Capital. The Farah...

Business

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...

Business

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...

BusinessFeatured

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...

Business

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...

People

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....