Perry Ellis International, Inc. has inked a license agreement with Itochu Corporation to expand the American group’s premium heritage brand Farah into Japan with Itochu, one of Japan’s greatest trading companies.
Giorgio Armani made a personal debut on Friday evening in Tokyo. He staged his first cruise runway show, showing a huge resort collection presented with splendor inside the national museum of the Japanese capital.
Tom Ford will be the new chairman of the Council of Fashion Designers of America. He succeeds Diane von Furstenberg, who steps down from the position after a 13-year run, to become the 11th face of the leading role.
As the apparel company moves forward with its acquisition by founder George Feldenkreis, Perry Ellis International has reported slipping revenues in the second quarter, dragged down by lost womenswear sales.
Apparel maker Perry Ellis International said on Tuesday it had ended talks to be bought by fashion accessories maker Randa, backing an offer by its second-largest shareholder and founder George Feldenkreis.
Perry Ellis International Inc is moving forward with its buyout deal with founder George Feldenkreis and is one step closer to closing the deal, despite a higher competing offer from Randa Accessories Leather Goods.
The special committee of the Miami-based apparel group's Board of Directors has released a statement in response to Randa's proposal, reaffirming their support for the company's acquisition by founder George Feldenkreis.