Perry Ellis news and archive

Perry Ellis announces launch of Perry Ellis America

Perry Ellis International, Inc. has announced the launch of Perry Ellis America, a limited edition capsule collection of the brand's famed sub-label, which first debuted in 1984. A homage to the original collection, Perry Ellis is exploring its archives to recreate some of its most recognizable Perry Ellis America pieces, while introducing new...

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Perry Ellis revenue declines 3.5 percent in Q2

Total revenue at Perry Ellis International, Inc. was 199 million dollars, a 3.5 percent decrease or 3.8 percent increase in constant currency. The company said, this decrease was primarily the result of the decline in the women’s business attributed to the loss of sales associated with Bon-Ton in the amount of 5 million dollars and the transfer...

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Perry Ellis ends talks with Randa

Everything's coming up nothing for Randa. Perry Ellis has announced they have ended talks with the accessories maker about a potential deal to be bought by them. Instead, Perry Ellis will be sticking with the original offer by its second-largest shareholder and founder George Feldenkreis as reported by Business of Fashion. Perry Ellis made the...

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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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Randa revises offer for Perry Ellis

Perry Ellis International announced today that accessories maker Randa has proposed an unsolicited 458.6 million dollar buyout offer. Their 28 dollars and 90 cents per share offer comes a month after their original 28 dollar a share proposal. In June, Perry Ellis accepted an offer of 27 dollars and 50 cents a share from George Feldenkreis, the...

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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 stresses commitment to Feldenkreis deal

After Randa Accessories made a bid for Perry Ellis with an all cash deal of 444 million dollars, Perry Ellis announced this morning that they are stressing their investors to stick with the original Feldenkreis deal of 437 million dollars that would be done through debt and equity. The news was reported by Reuters. The issues Perry Ellis...

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Randa Accessories puts in competing offer for Perry Ellis

The competition for who will claim Perry Ellis is heating up. Randa Accessories has made a 28 dollars per share offer for the menswear company, which is 50 cents more than the current offer on the table from the apparel brand’s founder George Feldenkreis. This could derail what could have been smooth sailing for Feldenkreis to buy the company...

Fashion

Perry Ellis reinvents itself once more

Perry Ellis is a name that has long been synonymous with American style. Over the past few years, the brand has seen a resurgence as they have worked to draw in a younger, cooler customer. At New York Fashion Week: Men's this season, the brand continued to elevate themselves and take their once traditional aesthetic into contemporary times. The...

Fashion

Perry Ellis partners with Alexa

With Amazon dominating the retail market space, Perry Ellis has decided to take full advantage of this and get ahead in the menswear market. The classic American brand has partnered with Amazon's Alexa. Perry Ellis has created a feature for the voice-activated system that offers style advice to menswear customers. The company's goals are to help...

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Less stores and more Golf and Swim sales, cornerstone to Perry Ellis’ Q2 positive results

Perry Ellis International Inc. (PERY) joined other fashion retailers such as Abercrombie & Fitch in reporting positive results for the second quarter. The apparel group saw revenues climb 10 percent over the three months to June, 29. The fashion group explained Thursday that its core brands, namely Perry Ellis, Original Penguin, Golf Lifestyle...

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Perry Ellis inks licence agreement with Rafaella brand’s owners

Perry Ellis International, Inc. (Nasdaq:PERY) announced Monday it has entered into a license agreement with i-deal Optics Holding, Inc. granting rights to design and distribute ophthalmic eyewear, sunglasses and readers under the Rafaella™ brand in the United States, Canada and Mexico. "We look forward to our partnership with i-deal Optics and...