Perry Ellis International Inc announced that the Company remains fully committed to supporting its luxury brands Axis and Tricots St. Raphael in luxury department stores and regional retailers.
“In light of yesterday's announcement that we are exiting the men's specialty store business, there is some confusion in the market related to the future of our Axis and Tricots St. Raphael brands,” Oscar Feldenkreis, President and C.O.O. commented. “I want to emphatically state that we are fully committed to the potential and future of these two brands in the luxury and department store channel, as well as regional retailers. The fact that we are exiting smaller retailers with credit issues and consequently reducing our cost structure does not reflect in any way that we will stop serving larger retailers.”
Axis is inspired by the casual yet spirited energy of the West Coast lifestyle. Carried in luxury stores around the country, the label was established in the 1980s and has continuously defined casual “trend right” sportswear for the upper-tier market. The collection is “modern-yet-casual” and characterized by exceptionally soft fabrics and garment details which utilize interesting aging and washing techniques to coordinate the look.
Tricots St. Raphael has built a reputation of luxury and sophistication throughout 30 years. Impeccably designed sweaters and knits provide discerning men with distinctive patterns and a rich harmony of colors to outfit their refined lifestyle. Sportswear and sweaters are sold primarily at upscale department stores.
Axis and Tricots St. Raphael spring collections are currently available in over 300 doors in highly prestigious retailers such as Sak's Fifth Avenue, Von Maur, Bloomingdale's, Nordstrom and other regional retailers.
“Our design teams have done a terrific job for our Fall/Holiday lines for the brands and we expect both of them to have a good year in their respective channels,” Mr. Feldenkreis concluded.
Perry Ellis International Inc
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