Perry Ellis International Announces License Agreement with Lantis Eyew

    Business Editors/Fashion Writers

    MIAMI--(BUSINESS WIRE)--Jan. 10, 2005--Perry Ellis International (NASDAQ:PERY) announced today that it has entered into a license agreement with Lantis Eyewear for the manufacture and domestic distribution of men's and women's sunglasses under the Perry Ellis(R), Perry Ellis Portfolio(R) and Perry Ellis America(R) brands. The agreement is a three year term that lasts through the end of 2007.
    "Lantis Eyewear has built a strong reputation for the quality of its product and for the strength and breadth of its distribution," said Rachel Barnett, president of licensing for Perry Ellis International. "This agreement enables us to expand the range of accessories offered under the brand and to offer our consumer another opportunity to proudly wear Perry Ellis(R)."
    Scott Sennett, executive vice president at Lantis Eyewear, said: "We are thrilled to partner with Perry Ellis International. This powerful brand will occupy a special place in our portfolio and will create many new opportunities for success."
    Lantis will launch the eyewear for fall 2005. The target distribution is through department stores and sunglass specialty stores.

    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, including dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men's and women's swimwear to all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of highly recognized brands including Perry Ellis(R), Jantzen(R), Cubavera(R), Munsingwear(R), John Henry(R), Original Penguin(R), Grand Slam(R), Natural Issue(R), Penguin Sport(R), the Havanera Co.(R), Axis(R), and Tricots St. Raphael(R). The company also licenses trademarks from third parties including Nike(R) and Tommy Hilfiger(R) for swimwear, PING(R) and PGA Tour(R) for golf apparel and Ocean Pacific(R) for men's sportswear. Additional information on the company is available at http://www.pery.com.

    About Lantis Eyewear

    Lantis Eyewear Corporation is a leading designer, marketer and distributor of quality eyewear products, including sunglasses, readers and optical frames. Its licensed and proprietary brand name products are distributed extensively throughout the Americas. Additional information is available at http://www.lantiseyewear.com.

    Safe Harbor Statement

    Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The actual results of Perry Ellis could differ materially from those expressed or indicated by forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, a significant decrease in business from or loss of any of Perry Ellis' major customers, the effectiveness of Perry Ellis' planned advertising, marketing and promotional campaigns, the ability of Perry Ellis to contain costs, disruption in the supply chain, general economic conditions, Perry Ellis' future capital needs and ability to obtain financing, changes in fashion trends and consumer acceptance of both new designs and newly introduced products, ability to predict consumer preferences, anticipated trends and conditions in Perry Ellis' industry, including future consolidation, the seasonality of Perry Ellis' swimwear business, termination or non-renewal of any material license agreements to which Perry Ellis is a party, ability to integrate businesses, trademarks, trade names and licenses, including Salant, the level of consumer spending for apparel and other merchandise, exposure to foreign currency risk, possible disruption in commercial activities due to terrorist activity and armed conflict and other factors, including those set forth in Perry Ellis' filings with the Securities and Exchange Commission. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in Perry Ellis' filings with the SEC. Any forward-looking statements speak only as of the day hereof and Perry Ellis disclaims any intent or obligation to update the same.

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CONTACT: Perry Ellis International, Inc., Miami Rachel Barnett, 212-536 5417 Rachel.Barnett@pery.com

KEYWORD: FLORIDA NEW YORK INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD APPAREL/TEXTILES RETAIL MARKETING AGREEMENTS SOURCE: Perry Ellis International

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