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Perry Ellis International Enters Into a Licensing Agreement for Original Penguin

MIAMI, June 29, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq:PERY), announced today that it has entered into a license agreement with Chun Yuan International Company granting rights to design and distribute Original Penguin by Munsingwear® fashion bedding and home products in the Philippines. Distribution will include department stores, home specialty shops and E-Commerce sites. A special capsule collection will launch in Spring 2017 with a full collection introduction in the fall.

Original Penguin is an iconic American brand that mixes sportswear and contemporary fashion appealing to a style-savvy consumer who's into details, but doesn't take himself too seriously. Original Penguin pays homage to its brand heritage, while staying culturally relevant in their global markets. The brand reworks their archive of mid-century classics to reflect today's lifestyle without compromising that heritage or the craftsmanship that established the Original Penguin name.

“We are thrilled with this partnership with Chun Yuan International and look forward to working with their team to offer Original Penguin’s lifestyle products in the Philippines. This addition will complement our solid market position and benefit our 25+ free standing stores and continue the expansion of our global reach,” commented George Feldenkreis, Executive Chairman of Perry Ellis International.

Kevin Lee, President of Chun Yuan International stated, “We are excited to partner with Original Penguin, a leading global brand with the well-known Penguin icon that is highly appreciated by the young generation in the Philippines.

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®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist®, Jantzen® 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 Chun Yuan International Company

ChunYuan, established in 1977 is a leading developer and distributor of bedding and mattresses in greater China for in-home use and as a major supplier to hotels. ChunYuan is the licensee of Playboy, Disney, Pierre Balmain, and Arnold Palmer for greater China. The Company has recently expanded their operations to Southeast Asia as a key supplier to E-Commerce providers and retail store boutiques.

Contact: Simon Wong VP Licensing and International Development, Asia 852-2339-9961 Grace Lu gracelu@chunyuan-coltd.com 886-2-8758-2999

Source:Perry Ellis International, Inc.