Perry Ellis International, Inc. (NASDAQ: PERY) (“the Company”) announced that it has amended and expanded its license agreement to design, manufacture and distribute apparel and related accessories with Callaway Golf Co. (NYSE:ELY). The Company will assume all distribution channels in the western hemisphere (US/Canada/Caribbean/Mexico/Central & Latin America) including sporting goods, national accounts, green grass, tournaments, specialty golf stores, and e-commerce channels. The Company will continue to service better department & specialty stores, and the corporate wear market as per its original agreement with Callaway.
Oscar Feldenkreis, President and COO of Perry Ellis International commented, “The expansion of our agreement with Callaway strengthens the partnership between our leading brands and marks yet another milestone for our Company as we expand the scope and reach of our golf lifestyle apparel offering on an international basis.”
“Combining the strength of Callaway’s brand around the world with our expertise in developing new geographies and channels of distribution presents unprecedented growth potential. We look forward to continuing a long and mutually beneficial partnership,” continued Mr. Feldenkreis.
Both Companies are working collectively on the transition of servicing these new geographies and channels of distribution. The Company also noted that it anticipates for this transaction to be accretive to fiscal 2014 earnings per share.
“The Callaway Golf and Perry Ellis International partnership has grown in scope and trust over the last several years,” said John Melican, SVP Global Soft Goods, Callaway Golf. “This expansion represents another step forward in the global distribution of what we feel is the best line of authentic and performance-driven golf apparel available.”
About Perry Ellis International
Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men's and women's apparel, accessories and fragrances, as well as select children's apparel. The Company's collection of dress and casual shirts, golf sportswear, sweaters, dress pants, casual pants and shorts, jeans wear, active wear, dresses and men's and women's swimwear is available through all major levels of retail distribution. The Company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis(R), Jantzen(R), Laundry by Shelli Segal(R), C&C California(R), Rafaella(R), Ben Hogan(R), Cubavera(R), Centro(R), Solero(R), Munsingwear(R), Savane(R), Original Penguin(R) by Munsingwear(R), Grand Slam(R), Natural Issue(R), Pro Player(R), the Havanera Co.(R), Axis(R), Tricots St. Raphael(R), Gotcha(R), Girl Star(R), MCD(R), John Henry(R), Mondo di Marco(R), Redsand(R), Manhattan(R), Axist(R), Farah(R), Anchor Blue(R) and Miller's Outpost(R). The Company enhances its roster of brands by licensing trademarks from third parties, including: Pierre Cardin(R) for men's sportswear, Nike(R) and Jag(R) for swimwear, and Callaway(R), TOP-FLITE(R), PGA TOUR(R) and Champions Tour(R) for golf apparel. Additional information on the Company is available at
About Callaway Golf
Through an unwavering commitment to innovation, Callaway Golf Company (NYSE:ELY) creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf apparel, footwear and accessories, under the Callaway Golf®, Odyssey®, and Top-Flite® brands in more than 110 countries worldwide. For more information please visit
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