Perry Ellis International has extended its license agreement with Nike, Inc. in which Perry Ellis will continue to design, produce, manufacture and distribute men’s, women’s and children’s swimwear, performance and casual swimwear products, select apparel and swim equipment within North America under the Nike Swim brand through 2014.
“We are extremely pleased to announce today the extension of our agreement and partnership with Nike. This extension provides us with a platform for long-term growth with one of the world’s most recognized brands and helps to further strengthen our relationships with retail partners,” commented Oscar Feldenkreis, President and Chief Operating Officer of Perry Ellis International. “We will continue to leverage our expertise and strong distribution with our other swim brands to ensure that Nike Swim reaches it full potential.”
Perry Ellis International will maintain distribution through its current account base of sporting goods stores, department stores and specialty swim accounts, while also focusing on growing its accessory and team sales business by adding on additional school and aquatic club programs. Today, Perry Ellis distributes Nike Swim product into over 4,000 domestic points of retail distribution.