Perry Ellis International, Inc. Announces Formation of a New Joint Venture in Greater China, With Its Manhattan® Brand

MIAMI -- Perry Ellis International, Inc. (NASDAQ: PERY) (“the Company”) today announced that it has entered into a joint venture agreement with China Outfitters Holdings Limited (HKEx Stock Code: 01146) to develop the Manhattan® brand in the People’s Republic of China, Hong Kong and Macau. Manhattan, a brand with a rich history dating back 150 years to the original Manhattan Shirt Company, continues to stand for high quality and fashionable men’s shirts and sportswear. George Feldenkreis, Chairman and CEO of Perry Ellis International, commented, “This agreement and expansion into Greater China marks a major milestone for Perry Ellis