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PEI Licensing, Inc. Announces Agreement with PS Brands for Pro Player® Socks

Source: Business Wire
Published: October 28 2011

MIAMI–(BUSINESS WIRE)–PEI Licensing, Inc., a wholly owned subsidiary of Perry Ellis International (NASDAQ: PERY), announced today that it has entered into an exclusive license agreement with PS Brands, LLC to manufacture, design and distribute athletic sport socks and casual socks for ladies, men, boys, and girls under the Pro Player and P2 brand names, for distribution in the United States and Canada.

“Pro Player has an excellent reputation in apparel for quality products and we are excited to maximize on the brand’s momentum,” commented Elie Levy, CEO of PS Brands/ Planet Sox.

Product will begin to ship in November and will be available within the current Pro Player channels of distribution.

“We are very excited about the continued expansion into new product categories for our diversified portfolio of brands. PS Brands is a strong business partner and an industry leader in the sock category. We look forward to a successful and expanding business partnership,” stated Oscar Feldenkreis, President and COO of Perry Ellis International.

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