PEI Licensing Announces Four New License Agreements for Original Penguin by Munsingwear
Perry Ellis International, Inc. (NASDAQ: PERY) announced today that it has entered into four new license agreements for multiple product categories in both domestic and international markets under the Original Penguin by Munsingwear brand.
On the domestic front, the Company has entered into agreements with The British Apparel Collection, Ltd. and Tattoo Watches, LLC, to manufacture and distribute men's hosiery, and men's watches and jewelry respectively. Under both agreements, product will be distributed within better department and specialty stores in the U.S. New Original Penguin Hosiery product will launch in June 2012, with watches and jewelry launching shortly thereafter in fall 2012.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.