PEI Licensing Inc., a wholly owned subsidiary of Perry Ellis International Inc., has entered into a licensing agreement with Itochu Prominent USA, to design, manufacture and distribute men’s tailored clothing, including suits, suit separates and sport coats under the Perry Ellis brand name. Under the terms of the agreement, Itochu will distribute product to department stores within the U.S., with the first product to hit stores in January.
Oscar Feldenkreis, president and chief operating officer of Perry Ellis International, said: “Itochu is an industry leader in the tailored clothing market and the right partner to interpret the essence of the Perry Ellis lifestyle. We are excited about the potential of this agreement and working with one of the world’s largest companies like Itochu will help guarantee a successful launch.”
The license was formerly held by Smart Apparel.