Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Perry Ellis Amends, Expands License Deal With Callaway Golf - Quick Facts

RELATED NEWS
Trade PERY now with 

Perry Ellis International, Inc. (PERY: Quote) said it has amended and expanded its license agreement to design, manufacture and distribute apparel and related accessories with Callaway Golf Co. (ELY: Quote).

The company will assume all distribution channels in the western hemisphere including sporting goods, national accounts, green grass, tournaments, specialty golf stores, and e-commerce channels. Perry Ellis will continue to service better department & specialty stores, and the corporate wear market as per its original agreement with Callaway.

Perry Ellis anticipates this transaction to be accretive to fiscal 2014 earnings per share.

Both companies are working collectively on the transition of servicing these new geographies and channels of distribution.

Click here to receive FREE breaking news email alerts for Perry Ellis International Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.