Perry Ellis International has declared a special cash dividend of $1.00 per share, to be paid to shareholders of record as of the close of business Dec. 21, 2012 and payable on Dec. 28, 2012. The aggregate amount to be paid in connection with this special cash dividend will be approximately $16 million.
Oscar Feldenkreis, President and Chief Operating Officer, commented, “We have managed working capital with strong discipline and as a result have generated solid operating cash flow which enables us to return capital to our shareholders.”
Perry Ellis International, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis®, Jantzen®, Laundry by Shelli Segal®, C&C California®, Rafaella®, Cubavera®, Ben Hogan®, Centro®, Solero®, Munsingwear®, Savane®, Original Penguin® by Munsingwear®, Grand Slam®, Natural Issue®, Pro Player®, the Havanera Co.®, Axis®, Gotcha®, Girl Star®, MCD®, John Henry®, Mondo di Marco®, Redsand®, Manhattan®, Axist®, Farah®, Anchor Blue® and Miller's Outpost®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR® and Champions Tour® for golf apparel.
