Perry Ellis International and Westport Corp. agreed to not renew their license agreement for men’s accessories and leather goods, including wallets, bags and gift sets under the Perry Ellis brands. The license expires on Dec. 31, after which PEI will take the category in-house. “We have built a strong accessories team and have established a core competency in men’s leather products,” said George Feldenkreis, chairman and chief executive officer of PEI. “By bringing this business in-house we believe that we can further optimize these businesses as well as take advantage of cross-selling opportunities across other product categories and brands within our current portfolio.”

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