George Feldenkreis Archives

April 26, 2012Perry 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

August 11, 2010Rising Costs May Mean Less Discounting From Apparel Retailers

Just as recession battered consumers are trickling back to malls, clothes makers in the U.S. face a tough choice. Squeezed by ballooning raw material, labor and freight costs, manufacturers are fretting they might have to raise prices in fragile markets to maintain margins.

June 24, 2010Retailers Fret Over Rising Apparel Costs Amid Increasing Commodity, Labor Prices in China

Clothing maker Perry Ellis International sees a 10 percent rise in industrywide apparel prices over the next two years amid rising commodity prices and higher labor costs in China. "Prices have to go up at some point. The American consumer will have to pay higher prices... It's only apparel and electronics, the items that keep coming down, everything else in life has come up," Chief Executive George Feldenkreis told the Reuters Consumer and Retail Summit in New York.