Perry Ellis International Announces Accessories License Agreements for Original Penguin(R) and Farah(R) Brands

MIAMI, March 5, 2015 (GLOBE NEWSWIRE) -- Perry Ellis International (Nasdaq:PERY) announced today that it has entered into two license agreements in Europe with New Accessories Group, Ltd., one for cold weather items, e.g. knitted hats, scarves and gloves, underwear, belts and socks under the Farah® brand; and another for belts under the Original Penguin® by Munsingwear® brand. The new collections launch in Europe in Fall 2015 in premium department stores, online and specialty retailers across the United Kingdom and Europe.

Original Penguin and Farah are two of the most recognizable youth culture icon brands in Europe, rooted in rich heritage that appeals to the style savvy and innovative consumer. Their products are sold internationally through company-owned retail stores and major retailers, as well as on www.Farah.co.uk and www.OriginalPenguin.co.uk.

Perry Ellis International Chairman & Chief Executive Officer George Feldenkreis remarked, "Our Company looks forward to working closely with New Accessories Group, as we execute our strategy to extend the reach of our global portfolio of lifestyle brands across categories, channels and markets to drive further growth and profitability."

"The New Accessories team is passionate about the heritage and lifestyle of both brands and gets a buzz from seeing their designs and orders arriving on the shop floor. The whole team takes pride in knowing they have played a small but important part of the process of delivering accessory collections on trend, on time, on spec and on budget, and we are pleased and proud to partner with Perry Ellis with their Original Penguin and Farah brands to make these categories a great success," stated Mark Knisse, Owner & Managing Director of New Accessories Group, Ltd.

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 New Accessories Group Ltd

New Accessories Group Ltd is a leading supplier of fashion, sport and merchandise accessories to brand owners, retailers, and online selling platforms. They also hold several licenses for major brands for which they design, produce and sell successful accessory ranges worldwide. Their services cover the full supply chain - from design, sourcing, quality control, compliant production, worldwide sales and distribution.

CONTACT: Anthony Pessok Licensing Manager Perry Ellis International anthony.pessok@pery.com Office: 00 353 1 405 3840 Sarah Pollock Manager Licensed Brands sarah@newaccessories-group.com New Accessories Group Ltd. www.newaccessories-group.com Office: +44 1628 777 320

Source:Perry Ellis International, Inc.