At Joggers and Campus Crew, shoppers will find outstanding values
on performance running, basketball and tennis shoes.

Joggers Woodbine Centre 500 REXDALE Rexdale Ontario M9W 6K5
BVLD.

Joggers Festival Market 1067 ONTARIO ST. St Thomas Ontario N5P 1G4
Shopping
Centre

Joggers Brookdale Mall 965 BROOKDALE Cornwall Ontario K6J 4P5
AVE

Joggers First Montclair 489 NORWICH AVE.

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W. Ontario L2R 6P9
Shopping Centre RD.

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Postal
Store Location Address City Province Code
------- --------------- ---------------- ------------ -------- -------

Joggers Huntsville 70 KING WILLIAM Huntsville Ontario P1H 2A5
Place Mall ST

Joggers Georgetown 280 GUELPH ST.R. These products constitute a subcategory of the overall fitness
products area and will be available for shipment to South African retailers in
November 2005. will continue to manufacture and sell
its full line of boxing equipment, including boxing gloves , speed bags, heavy
bags, mats, rings and medicine balls.S.

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hilcomerchantresources.com),
headquartered in Chicago, IL.

Joggers Joggers Outlet 80 MORTON AVE. Woodstock Ontario N4V 1B9
Square

Joggers Riocan 3161 GREENBANK Nepean Ontario K2J 4H9
Marketplace RD.
Under this expanded agreement, the Yonkers, NY-based Sports and Leisure
Technology Corporation will market and sell in South Africa a line of "Hand-X"
products, including jump ropes, hand weights, weight lifting gloves and belts,
and handgrips. We believe that
Sports and Leisure Technology Corporation will be able to seamlessly introduce
its high-quality, innovative products into South Africa and enjoy the same
level of success we have seen in the U.

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Joggers Simcoe Town 150 WEST STREET Simcoe Ontario N3Y 5C1
Centre

Joggers County Fair 275 BROCKVILLE Smith Falls Ontario K7A 4Z6
Mall ST. Newmarket Ontario L3Y 4V8
Centre

Joggers Cambridge Power 46 PINEBUSH ROAD Cambridge Ontario N1R 8K5
Centre

Joggers First Garden 420 VANSICKLE St., UNIT 13

Joggers First Simcha 1899 BROCK RD. Waterloo Ontario N2V 2G8
Crew Factory Outlet
Mall

Campus Tecumseh Mall 7650 TECUMSEH Windsor Ontario N8T 1E9
Crew ROAD EAST

Campus Seaway Mall 800 NIAGARA ST. Thomas Ontario N5R 5J5
Crew St. The
company has served as Everlast's licensee for similar equipment in the U.
and Canada for the past four years, and in the U.

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Joggers Lynden Park 84 LYNDEN ROAD Brantford Ontario N3R 6B8
Mall

Joggers Orillia Square 1029 BRODIE, Orillia Ontario L3V 6H4
R.#4

Joggers Limeridge Mall 999 UPPER Hamilton Ontario L9A 4X5
WENTWORTH ST. The company's Web site can
be found at http://www. It is
important to note that actual results could differ materially from those
projected in such forward-looking statements.

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Joggers First Railside 1063 TALBOT ST . Cookstown Ontario L0L 1L0
Crew Rd.
#1

K. and the Republic
of Ireland.

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With great brands being offered at
very compelling discounts, the selection won't last long. Hilco is a leading provider of retail
and industrial asset appraisals and business valuations, business
asset acquisition and disposition services covering inventory, real
estate, machinery and equipment, accounts receivable and specialty
financing.R. Everlast again expands four-year licensing relationship with Sports and
Leisure Technology Corporation , a division of E+B Giftware

NEW YORK, Everlast Worldwide Inc."
Brian Anderson, president of Sports and Leisure Technology Corporation,
added, "Our more than four-year relationship with Everlast Worldwide has
demonstrated the international strength and appeal of the Everlast brand.

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Peterborough Ontario K9H 7J6

Joggers Erin Mills Town 5100 ERIN MILLS Mississauga Ontario L5M 4Z5
Centre PARKWAY

Joggers Seaway Mall 800 NIAGARA ST. Welland Ontario L3C 5Z4
Crew

Campus Place D'Orleans 110 PLACE Orleans Ontario K1C 2L9
Crew D'ORLEANS DRIVE

Campus Bayshore 100 BAYSHORE Nepean Ontario K2B 8C1
Crew Shopping DRIVE
Centre

Campus Southworks 64 GRAND AVE. Also, Everlast will continue to
exclusively manufacture and supply boxing gear and products for professional
boxers.com.

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, an affiliate of U. Guelph Ontario N1G 2X6

Joggers White Oaks Mall 1105 WELLINGTON London Ontario N6E 1V4
ROAD

Joggers London North 1250 FANSHAWE London Ontario N5X 3Z8
PARK RD.

(Nasdaq: EVST), manufacturer, marketer and licensor of sporting goods and
apparel under the Everlast brand name, today announced a second expansion of
its original licensing relationship with Sports and Leisure Technology
Corporation, a division of E+B Giftware, to include the production and
marketing of a line of Everlast "Hand-X" products in South Africa.

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manufactures, markets and licenses sporting goods
and apparel products under the Everlast brand name.

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Stratford Ontario N5A 6W6
Place

Joggers Promenade Mall 1 PROMENADE Thornhill Ontario L4J 4P8
CIRCLE

Joggers Northgate 1500 FISHER ST.

Joggers Lambton Mall 1380 LONDON ROAD Sarnia Ontario N7S 1P8

Joggers Stone Road Mall 435 STONE RD. Pickering Ontario L1V 4H7
Shopping Centres

Joggers Tecumseh Mall 7650 TECUMSEH Windsor Ontario N8T 1E9
ROAD EAST

Joggers Heartland Town 5935 MAVIS RD. Mississauga Ontario L5R 3T7
Centre

Campus Pen Centre 221 GLENDALE St. Everlast Worldwide Inc.
Everlast Worldwide Inc. Information concerning factors
that could cause actual results to differ materially from those in forward-
looking statements is contained from time to time in filings of Everlast
Worldwide with the U.

For site about selling or collecting anything related to soccer

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com)
provides high-yield strategic retail inventory disposition and store
closing services to healthy retailers as well as those undergoing
restructuring.93,R. Waterloo Ontario N2L 5W6
NORTH

Joggers Tillsonburg 200 BROADWAY ST . and the Republic of
Ireland since early 2005.

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based Hilco Merchant
Resources, LLC, has been selected to manage the inventory liquidation
sales at all 54 locations. Statements made in this Press Release that state the
intentions, beliefs, expectations or predictions of Everlast Worldwide, Inc.

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Business Editors

BRANTFORD, Ontario----

Hilco Merchant Resources Managing Store Closings and Inventory
Liquidation

Inventory liquidation sales have just begun at all 36 Joggers
stores and at 10 selected Campus Crew locations.
This will be a very popular sale. The 10 divisions of The Hilco Organization currently employ
over 275 professionals and 250 consultants in offices throughout North
America and Europe. North Bay Ontario P1B 2H3
Square
Shopping
Centre

Joggers Billings Bridge 2277 RIVERSIDE Ottawa Ontario K1H 7X6
Plaza DR.

Campus Cookstown Mall #3311 COUNTY RD.K. Copies of these
filings may be obtained by contacting Everlast Worldwide or the SEC .


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Ben Nortman, Executive Vice President of
Hilco Merchant Resources stated, "This is an outstanding opportunity
for consumers to enjoy unprecedented savings on an outstanding
selection of the best brand names in athletic footwear and apparel., R. Ontario L2T 2K9
Crew AVENUE Catharines

Campus Square One 100 CITY CENTER Mississauga Ontario L5B 2C9
Crew DR.S.

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``Joggers'' Going Out of Business; Deep Discounts Offered On Brand Name Athletic Footwear and Apparel

S.

NOTE TO EDITORS: A complete list of stores being closed
accompanies this press release. Brantford Ontario N3R 7J7
Store E.everlast.

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Campus St Jacobs 25 BENJAMIN RD. Cambridge Ontario N1S 2L8
Crew Outlet Mall

Campus Elgin Mall 417 Wellington St.

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Athletic wear,
tee shirts, hats and team licensed apparel are also being
significantly discounted.O.
George Q Horowitz, chairman and CEO of Everlast Worldwide Inc.
and its management for the future are forward-looking statements .

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Over the years, Hilco principals have disposed of
retail inventory valued in excess of $30 billion .#2, Midland Ontario L4R 4K2
Mall P. Welland Ontario L3C 5Z4

Joggers Orangeville 150 FIRST STREET Orangeville Ontario L9W 3T7
Mall

Joggers Quinte Mall 390 NORTH FRONT Belleville Ontario K8P 3E1
ST.
What began as a successful extension into the North American and European
fitness market will continue with a debut in South Africa. At the retail level, Everlast's licensed
products generate over $700 million in revenues.

Statements made in this Press Release that are estimates of past or future
performance are based on a number of factors, some of which are outside of the
Company 's control.

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Consumers are taking advantage of
tremendous savings on leading brands including Nike , Reebok, adidas,
Brooks and many others famous names.hilcotrading. Through its apparel division , Everlast men's and
women's active wear products are sold to over 20,000 retail locations
throughout the United States and Canada, including a variety of department
stores, specialty stores, catalog operations and better mass merchandisers.
In addition to producing and marketing the equipment and accessories, Everlast
Worldwide Inc.

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Each store offers a wide range of
sizes in a well stocked assortment of the newest and most popular
styles for men, women and children.
HMR Canada I, Inc ."

Hilco Merchant Resources, LLC (www.R., said, "A
licensee's expansion into a new territory is testimony to the vitality,
versatility and universal appeal of the Everlast brand. licenses its brand to providers of men's and women's sportswear
and active wear, children's wear, footwear, watches , cardiovascular exercise
equipment and gym/duffel bags.

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Joggers Conestoga Mall 550 KING ST . W.
UNIT B3

Joggers Green Lane 18170 YONGE ST. S. #89, R.R.
, Canada, the U."

About Everlast Worldwide Inc. Everlast is the market leader in nearly all
of its product categories, responsible for leading eight of the top ten boxing
equipment products in sales.

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A huge inventory of
athletic footwear and apparel is being discounted up to 40% off
everyday low value prices. Hilco Merchant
Resources is part of the Hilco Organization (www. Georgetown Ontario L7G 4B1
Market Place

Joggers Mountain View HWY. Tillsonburg Ontario N4G 5A7
Town Centre

Joggers Portage Place 1154 CHEMONG RD.#3 Catharines

Joggers Riocan Centre 626 GARDINERS Kingston Ontario K7M 3X9
RD.

Everlast Worldwide Inc. to Introduce Line of Hand-Held Fitness Equipment Items in South Africa

S. Since 1910, Everlast has
been the preeminent brand in the world of boxing and is among the most
dominant brands in the overall sporting goods and apparel industries. Over
the past 90 years , Everlast products have become the "Choice of
Champions(TM)", having been used for training and professional fights by many
of the biggest names in the sport. Securities and Exchange Commission.

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