Perry Ellis International Inc. is bringing its men's accessories business in-house after ending its licensing agreement with Westport Corp. to maker men's wallets, gift sets, bags and other accessories.
The agreement expires Dec. 31. Westport will continue to make and distribute accessories under the Perry Ellis family of brands until then.
“Westport has been a solid partner for Perry Ellis International over the years, and we would like to thank them for the hard work, dedication, and expertise in producing our accessories under the Perry Ellis family of brands,” commented George Feldenkreis, Chairman and CEO of Perry Ellis International. “We have built a strong accessories team, and have established a core competency in men's leather products across numerous brands and channels of distribution. 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.”