Report Collection is getting into the tailored clothing business thanks to a new deal with suit powerhouse Peerless Clothing International.

“This strategic business partnership with Peerless will allow Report Collection to continue to grow as the leader in men’s contemporary sportswear in the U.S. market,” said Henri Abitan, president and chief executive officer of Report Collection.

The line of contemporary, slim-fit suits will hit stores in the fall of 2010 with retail prices ranging between $298 and $498.

Report, a Canada-based sportswear company that is a division of Modextil, Inc., has licenses for other product categories including underwear, swimwear, belts and socks.

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