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April 11, 2011
(FinancialWire) --
Perry Ellis (NASDAQ:
PERY)
said it has amended and expanded its existing license agreement
with and Callaway Golf (NYSE:
ELY).
The original collaboration was for Perry Ellis to generally
design, manufacture and distribute apparel and related
accessories with Callaway.
Under the new terms, Perry Ellis will now assume all Callaway
distribution channels in the western hemisphere including
sporting goods, national accounts, green grass, tournaments,
specialty golf stores, and e-commerce channels.
Perry Ellis International (approx. market cap. US$ 275 mil.),
engages in designing, sourcing, marketing and licensing apparel
products for men and women in the United States and
internationally. It was formerly known as Supreme International
Corporation and changed its name in June 1999. The company was
founded in 1967 and is headquartered in Miami, Florida.
Callaway Golf (approx. market cap. US$ 425 mil.), together with
its subsidiaries, designs, manufactures and sells golf clubs and
golf balls. It sells its products principally in the United
States, Europe, Japan and rest of Asia. The company was founded
in 1982 and is headquartered in Carlsbad, California.
[financialwire.net]
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