, a wholly owned subsidiary of Sears Holdings
Corporation (Nasdaq: SHLD), is a leading broadline
retailer providing
merchandise and related services.
Except for any historical information
that they contain, the
statements in this news release regarding Marvel's plans are
forward-looking
statements that are subject to certain risks and
uncertainties, including a decrease in the level
of media exposure or
popularity of Marvel's characters, financial difficulties of Marvel's
major
licensees, delays and cancellations of movies and television
productions based on Marvel characters
, poor performance of major
movies based on Marvel characters, toy-production delays or
shortfalls
, continued concentration of toy retailers, toy inventory
risk, significant appreciation of Chinese
currency against other
currencies and the imposition of quotas or tariffs on products
manufactured
in China. The combined
bottoms volume of the two companies makes us one of the largest
producers
of men's pants in the world. John's Bay(R),
Roundtree + Yorke(R), and White Stag(R).
badd sarong
For more information, visit the Sears,
Roebuck website at http://www., (NYSE: MVL) a global character
-based
entertainment licensing company, announced today that it is
consolidating its important
apparel licensing business with leading
partners Kids Headquarters, as master apparel licensee, and
Mad
Engine, which will spearhead t-shirts and tops.
Pursuant to the new, multi-year license agreements
, Kids
Headquarters has been awarded the rights to produce and market all
kids and adult apparel
for several premier Marvel character
franchises, including Spider-Man, X-Men, Fantastic Four, Iron
Man, the
Incredible Hulk, Captain America, Marvel Heroes, Marvel's pre-school
line, Spider-Man
and Friends and Marvel's infant brand, Marvel Babies. Feldenkreis continued: "This acquisition increases
the
significance of the bottoms category from approximately 20 percent of
our total sales to over
40 percent, balancing our portfolio of tops
and bottoms and further diversifying our product mix
.musto zoovillage
com and Casual Male provides our customers
with an outstanding selection of men's big and tall clothing
," said Chris
Shimojima, Sears vice president and general manager, Customer Direct.Marvel Consolidates
Apparel Licensing Business with Leading Partners Kids Headquarters and Mad Engine
Marvel facilitates
the creation of
entertainment projects, including feature films, DVD/home video, video
games and
television based on its characters and also licenses its
characters for use in a wide range of consumer
products and services
including apparel, toys, collectibles, snack foods and promotions.countrywear activewear
sears.
Mad
Engine has been awarded the rights to produce and market
0-20/S-XXXL T-Shirts and related knit tops
as well as hooded,
crewneck, zipper fleece, garage, pique and jersey shirts for
Spider-Man, X
-Men, Fantastic Four, Iron Man, the Incredible Hulk,
Captain America, Elektra, Daredevil and Ghost
Rider. Copyright (C) 2004 Marvel
Characters, Inc. We feel that this acquisition will continue to
create
substantial value for our shareholders and build one of the premier
apparel companies in
the world.zoovillage farlow
K. Primary product
lines feature casual and dress-casual pants, shorts, denim jeans, and
woven and knit shirts.stussy sweats
,
Casual Male Retail Group, Inc., a
wholly-owned subsidiary of Sears
Holdings Corporation, (Nasdaq: SHLD) today
announced the launch of Casual Male men's big and tall
apparel on sears.
George Feldenkreis, Chairman and CEO of Perry Ellis International,
said, "This
acquisition should add in excess of $230 million in net
sales on an annualized basis, and we expect
it will be $0.05 - $0.
Safe Harbor Statement
Forward-looking statements (statements which
are not historical
facts) in this release are made pursuant to the safe harbor provisions
of the
Private Securities Litigation Reform Act of 1995.ladieswear appliqued
Men's shirt sizes range from 1X - 8X and LT to
5XLT
and pants from waist size 38 to 60 and inseams from 28 to 38.com increased more than 40 percent in 2004
over 2003, and
the company continues to add new offerings online. Closing on this transaction is
expected to take place
on or before February 26, 2005, and will be funded by proceeds from
Perry
Ellis International's senior credit facility.zoovillage shushan
Casual Male Launches Big and Tall Clothing on Sears.com
to make certain estimates and assumptions
regarding its strategic direction and the effect of
such plans on its
financial results.
and worldwide while also serving as an invaluable source
of
intellectual property. subsidiary
of Tropical Sportswear International (NASDAQ:TSIC) ("TSI
") for $88.10
accretive in the first twelve months after acquisition. We are now one
of the most
broadly diversified and balanced men's sportswear
companies in the United States, with the ability
to capitalize on
current opportunities.sweatshirts appliqued
com,
under a long-term agreement."
"The relationship
with Sears in the marketing of Casual Male's products on
the sears. "Sears is
one of the most
respected and widely known retailers and Casual Male is
dedicated to expanding the services it provides
to its customers and
increasing its presence as a multi-channel retailer.
"We are excited to commence
a brand new partnership with Kids
Headquarters and expand our relationship with Mad Engine to help
broaden Marvel's impact in the significant apparel category," said Mr. The company, through its wholly
owned
subsidiaries, owns a portfolio of highly recognized brands including
Perry Ellis(R), Jantzen
(R), Cubavera(R), Munsingwear(R), John
Henry(R), Original Penguin(R), Grand Slam(R), Natural Issue
(R),
Penguin Sport(R), the Havanera Co.badd musto
and HOFFMAN ESTATES, Ill. Licensed
brands include Bill
Blass(R) and Van Heusen(R). TSI distinguishes itself by
providing major retailers with comprehensive
brand management programs
and uses advanced technology to provide retailers with customer,
product
and market analyses, apparel design, and merchandising
consulting and inventory forecasting.
chameau carhartt
Marvel
's operations are
focused in four areas: entertainment (Marvel Studios), licensing,
publishing
and toys (Toy Biz). (NASDAQ:PERY) announced today that it has received bankruptcy
court approval
for the acquisition of certain domestic operating
assets as well as the outstanding capital stock
of the U. The company also licenses trademarks from third parties
including Nike(R) and Tommy Hilfiger
(R) for swimwear, PING(R) and PGA
Tour(R) for golf apparel and Ocean Pacific(R) for men's sportswear
.ladieswear chameau
Just in time for Father's Day gift giving, the Casual Male big and tall
clothing section
of sears.
About Casual Male Retail Group, Inc. All rights reserved. is a leading designer
, distributor
and licensor of a broad line of high quality men's and women's
apparel, accessories
, and fragrances, including dress and casual
shirts, golf sportswear, sweaters, dress and casual pants
and shorts,
jeans wear, active wear and men's and women's swimwear to all major
levels of retail
distribution.(R), Axis(R), and Tricots St.ladieswear farlow
In September 2004, Sears
launched apparel on sears. Sears
, Roebuck also offers a variety of merchandise and services through
sears.com, landsend.com, and specialty
catalogs. The Company is headquartered in
Canton, Massachusetts and its common stock is listed on
the Nasdaq National
Market under the symbol "CMRG."
The discussion of forward-looking
information requires management of
Casual Male Retail Group, Inc.
Business Editors/Entertainment
Editors
NEW YORK----
Consolidation Strategy Designed to Maximize Revenue Opportunities
for Marvel, Partners and Retailers
Marvel Enterprises, Inc. These new arrangements
further
Marvel's category management strategy, whereby Marvel seeks to enhance
the potential market
for its licensed products by consolidating key
licensing categories with top-caliber partners who
can provide
extensive marketing and promotional support for Marvel-licensed
product lines, resulting
in higher returns for all parties. (NYSE: MVL), is one of the world's most prominent
character-based
entertainment companies.S.marvel.
We will grow these brands through Perry Ellis' core competencies
,
investing in their marketing and improving design.farlow shushan
"The partnership between sears. "Our
customers
continue to request brand name apparel in men's big and tall sizes,
and the addition of Casual Male
and its well-known brand names is perfect in
fulfilling those needs.com with proprietary and private
label brands
including Apostrophe, A/Line, Lands' End, Covington and Structure, and added
more
brands in spring 2005.
About Sears
Sears, Roebuck and Co."
About Marvel Enterprises
With a library of over 5,000 proprietary characters, Marvel
Enterprises, Inc.
Lastly, Tropical
's U.pery. Any forward-looking statements speak only as of
the day hereof and Perry Ellis disclaims
any intent or obligation to
update the same.appliqued sarong
"Consolidating license categories with industry leaders
will
enable the Marvel brand to garner the most significant retail space,
receive the strongest
sales and marketing support and increase the
distribution of our products, making Marvel a key franchise
for our
licensees.
Marvel, Spider-Man, X-Men, Fantastic Four, Iron Man, the
Incredible
Hulk, Captain America, Elektra, Daredevil, Ghost Rider,
Marvel Heroes, Spider-Man and Friends and
Marvel Babies and the
distinctive likeness thereof are trademarks of Marvel Characters,
Inc. www
.5
million in cash."
About Perry Ellis International
Perry Ellis International, Inc
.appliqued stussy
S.chameau molson
CMRG, the largest retailer of big and tall men's apparel with retail
operations throughout
the United States, London, Canada and England , operates
496 Casual Male Big + Tall stores, 13 Casual
Male at Sears-Canada stores and
22 Rochester Big and Tall stores and a direct to consumer business
which
includes catalog and two e-commerce sites. Casual Male Retail Group, Inc.
Rothwell.
Raphael
(R).com
About Tropical Sportswear International
TSI is a designer and marketer of high
-quality branded and
retailer private branded apparel products that are sold to major
retailers
in all levels and channels of distribution.thunderwear sarong
com features a broad variety of brand name
sportswear
, activewear and apparel basics in hard-to-find men's sizes,
including jeans, pants and shirts from
Levi's(R), Dockers(R), George Foreman
Comfort Zone and Reebok(R).com will provide an excellent opportunity
to expand the awareness of
our brand and showcase our apparel to a larger audience of shoppers,"
said
David Levin, Casual Male's president and chief executive officer.searsholdings. Casual Male
Retail Group, Inc. These and other risks and uncertainties are
described in Marvel's filings with
the Securities and Exchange
Commission, including Marvel's Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K. subsidiary will provide an excellent platform
for the future expansion of Perry Ellis International brands into
Europe.
Additional information
on the company is available at
http://www. Factors that could cause or
contribute to such differences
include, but are not limited to, a
significant decrease in business from or loss of any of Perry
Ellis'
major customers, the effectiveness of Perry Ellis' planned
advertising, marketing and promotional
campaigns, the ability of Perry
Ellis to contain costs, disruption in the supply chain, general
economic
conditions, Perry Ellis' future capital needs and ability to
obtain financing, changes in fashion
trends and consumer acceptance of
both new designs and newly introduced products, ability to predict
consumer preferences, anticipated trends and conditions in Perry
Ellis' industry, including future
consolidation, the seasonality of
Perry Ellis' swimwear business, termination or non-renewal of any
material license agreements to which Perry Ellis is a party, ability
to integrate businesses,
trademarks, trade names and licenses,
including Salant, the level of consumer spending for apparel
and other
merchandise, exposure to foreign currency risk, possible disruption in
commercial activities
due to terrorist activity and armed conflict and
other factors, including those set forth in Perry
Ellis' filings with
the Securities and Exchange Commission.carhartt nudie
"
Sales at sears. Sears, Roebuck
offers
consumers leading proprietary brands including Kenmore, Craftsman, DieHard and
Lands' End
-- among the most trusted and preferred brands in the U.com or the Sears Holdings Corporation
website
at http://www.'s actual results and the
implementation of its plans and operations may differ materially
from forward-
looking statements it made.
Business Editors
MIAMI----Perry Ellis International
,
Inc.K. The actual
results of Perry Ellis could differ materially from those expressed or
indicated
by forward-looking statements.Men's, women's and children's outer clothing except for formal and dress
wear, uniforms and athletic.
musto chameau
CANTON, Mass., (Nasdaq: CMRG) and Sears, Roebuck and Co., and are use
with permission. Investors are cautioned that
all forward-looking statements involve risks and uncertainties
,
including those risks and uncertainties detailed in Perry Ellis'
filings with the SEC.vachon chameau
Later
this year, sears.com.(R), Bay to Bay(R), Two Pepper(R),
Royal Palm(R), Banana Joe(R), and Authentic
Chino Casuals(R).
This section includes resort, sports and relaxed wear.
appliqued sportcoats
com will offer a broad
range
of athletic footwear in addition to new brands of apparel, footwear and
accessories such as Latina
Life.
This announcement
signifies a brand new partnership with Kids Headquarters and
an
expanded relationship with Mad Engine. The
announcement was made by Tim Rothwell, Marvel Enterprises
' President
Worldwide Consumer Media Group.com
Super Hero(es) is a co-owned registered trademark
"
Mr."
Oscar Feldenkreis, President and COO of Perry Ellis International,
concluded
, "This acquisition enhances our standing with our retail
partners by adding many of Tropical's high
profile labels to our
branded portfolio, including Savane(R), Farah(R), and Banana Joe(R).musto appliqued
Sears
, Roebuck offers its wide range of home
merchandise, apparel and automotive products and services
through more than
2,400 Sears-branded and affiliated stores in the United States and Canada,
which
includes approximately 870 full-line and 1,100 specialty stores in the
U. The
company is the nation
's largest provider of home services, with more than 14
million service calls made annually.
Marvel
's characters and plot lines are created by its publishing
division which continues to expand its
leadership position in the U.Perry Ellis International Receives Court Approval for Acquisition of Tropical
Sportswear
Retailer national
private brands that we produce include Puritan(R), George(TM),
Member
's Mark(R), Sonoma(R), Croft + Barrow(R), St.musto quiksilver
encourages readers
of forward-looking information concerning
the Company to refer to its prior
filings with the Securities and Exchange Commission that set forth
certain
risks and uncertainties that may have an impact on future results and
direction of Casual
Male Retail Group, Inc. Marvel assumes
no obligation to publicly update or revise any forward-looking
statements. We are pleased to add to our organization the
very capable people at TSI's Tampa facility
, and plan to maintain a
significant Tampa presence. In addition, our
familiarity with the bottoms
business, as well as common merchandising
and management systems, will facilitate our integration
of Tropical. Major owned brands include Savane(R), Farah(R),
Flyers(R), The Original Khaki Co.headwraps activewear
Dress
shirts and shoes will be added in the near future, followed by suit separates
and dress pants
.S.
Their initial product assortment will include Boys/Girls (0-20) sets,
separates, swimwear,
T-Shirts, layettes/boxed sets and outerwear. Kids
Headquarters will also work with Marvel to identify
and develop key
strategic initiatives that will help grow revenue and brand awareness
in the apparel
category. We predicted years ago that
retailer consolidation would transform relationships between
apparel
wholesalers and their customers, and our new assets make Perry Ellis
International more
valuable and important to its customers.stache stussy
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