Perry news and archive

Perry Ellis Q2 loss dimished

US fashion group Perry Ellis International Inc reported a diminishment in second quarter losses. The results were helped by a 50.3 percent leap in revenues, partially due to the company's new Tropical Sportswear International business. The company posted a loss of $2.4 million (£ 1.3 million) in the second quarter ended 31 July, compared with...

Fashion

Perry Ellis anticipates record revenues

Perry Ellis International Inc anticipates total revenues for the first quarter ended April 30 2005 to approximate $225 million (GBP 123 million). Compared with $197 million in the same period last year, this means a climb of 14 per cent. The record increase in revenues is in part due to an increase in revenues of $43 million generated by the...

Fashion

Perry Ellis acquires UK subsidiary

The US apparel group Perry Ellis International Inc has received bankruptcy court approval for the acquisition of certain domestic operating assets as well as the outstanding capital stock of the UK subsidiary of Tropical Sportswear International for $88.5 million (GBP 49.8 million) in cash. The closing of this transaction is expected to take...