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Perry Ellis ends license deal with Westport for men's accessories

24
Jun '10
Perry Ellis International and Westport Corporation announced that they have agreed to not renew their license agreement for men's accessories including wallets, bags, and gift sets under the Perry Ellis family of brands. The license agreement expires December 31, 2010. Westport will continue to manufacture and distribute accessories for Perry Ellis International until then. Effective January 1, 2011, Perry Ellis International will take over all aspects of its accessories business.

"Westport has been a solid partner for Perry Ellis International over the years, and we would like to thank them for the hard work, dedication, and expertise in producing our accessories under the Perry Ellis family of brands," commented George Feldenkreis, Chairman and CEO of Perry Ellis International.

"We have built a strong accessories team, and have established a core competency in men's leather products across numerous brands and channels of distribution. By bringing this business in-house we believe that we can further optimize these businesses as well as take advantage of cross-selling opportunities across other product categories and brands within our current portfolio," continued Mr. Feldenkreis.

Perry Ellis International Inc


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