Original Penguin by Munsingwear Expands Licensing Partnership With Longstanding Company in Mexico

MIAMI, Feb. 24, 2015 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq:PERY) announced today that it has expanded its license agreement with Lyn De Mexico S.A. De C.V. granting rights under the Original Penguin® by Munsingwear® brand in Mexico for men and boy's loungewear, sleepwear, pajamas and robes, packaged underwear, briefs, boxers, shorts, T-shirts and handkerchiefs.

The Original Penguin brand is one of the most recognizable consumer brands with product sold internationally through company-owned retail stores, major retailers and specialty stores, as well as on www.OriginalPenguin.com and www.OriginalPenguin.co.uk.

"We are enthusiastic about our expanded relationship with Lyn De Mexico and look forward to leveraging the global recognition of Original Penguin by Munsingwear," commented Oscar Feldenkreis, president and chief operating officer of Perry Ellis International. "Original Penguin appeals to a style savvy consumer. Recently we launched The Earl 2.0 and the P55 Chino and we will continue making the necessary investments to assure Original Penguin's status as a premier global apparel brand."

CEO of Lyn De Mexico S.A. De C.V. Carlos Levy remarked, "The opportunity of bringing the unique look and colors of Original Penguin to underwear and loungewear is very exciting. Based upon discussions with retail partners, we look forward to much success."

The Original Penguin by Munsingwear loungewear will be launched in department stores as well as specialty stores in Fall 15.

For more information about Perry Ellis International, Inc. and the company's entire portfolio of brands, please visit. www.PERY.com.

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. 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®, Jantzen®, Laundry by Shelli Segal®, C&C California®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Original Penguin® by Munsingwear®, Grand Slam®, John Henry®, Manhattan®, Axist®, and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel. Additional information on the Company is available at http://www.pery.com.

About Lyn De Mexico

Lyn de Mexico was founded in 1960 producing scarves and bandanas. Currently Lyn is a leading loungewear and sleepwear clothing company. The sales, design and production teams at Lyn are dedicated to ensure that all products cover the current quality standards of the industry. Lyn has always been and remains committed to all its customers in producing quality products that meet market needs.

CONTACT: Alberto Maduro SVP of Licensing Perry Ellis International Alberto.maduro@pery.com 305-873-1331 Carlos Levy carlos@lyn.com.mx

Source:Perry Ellis International, Inc.