Oscar Feldenkreis, president and chief operating officer, concluded, "We are pleased to welcome the associates from C&C California and Laundry to the Perry Ellis International family. We believe our contemporary platform will benefit greatly from their experience and knowledge.
"The creation of this platform is an indication of our commitment to building new vehicles for sustainable growth. We believe that these brands will also translate into our swimwear division, plus expansion into children's and additional product lines"
C&C California:
Based in Los Angeles, C&C California is one of the hottest contemporary brands for missy and juniors. C&C is sold in luxury retail, department stores and high end specialty boutiques and online. With projected annual revenues of approximately $23 million in 2007, the brand has enjoyed double digit growth since it was acquired by Liz Claiborne in 2005.
Laundry:
Laundry has offices both in New York and Los Angeles, with showrooms in both cities. With approximately $30 million in annual revenues for dresses in 2007, Laundry is a key dress brand for major retailers such as Saks, Bloomingdale's, Nordstrom and Neiman Marcus.
Perry Ellis International Inc
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