Perry Ellis International Names David Rattner as Chief Financial Officer

2/7/17

MIAMI, Feb. 06, 2017 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ:PERY) announced today the appointment of David Rattner as Chief Financial Officer of Perry Ellis International, Inc., reporting to Oscar Feldenkreis, CEO & President of Perry Ellis International. David brings over 20 years of financial experience from Elizabeth Arden, most recently serving as VP Finance and Corporate Controller. Anita Britt announced her retirement from the company effective March 31, 2017 and will ensure the transition of the CFO office is seamless.

“We are pleased to welcome David to Perry Ellis International and expect his breadth of experience will be a critical element as we enter the growth mode of our 5 point growth and profitability plan,” commented Oscar Feldenkreis. “We thank Anita for her eight years of contributions at Perry Ellis. She has been instrumental in assisting Perry Ellis to drive gross margin expansion, expense savings and inventory turns. Anita has built a solid finance team and with her help we anticipate a smooth transition over the next few months.”

Anita Britt stated, “I am proud of my time at Perry Ellis and feel fortunate to have worked with George and Oscar Feldenkreis and the entire organization. Perry Ellis is a unique company with powerful brands and a strong operating platform. I look forward to supporting David in his new role and to ensure a smooth transition.”

“I am thrilled to join the talented Perry Ellis team and believe the potential for growth and value creation is tremendous,” said Mr. Rattner. “These are both exciting and challenging times in the apparel industry, which present real opportunities for a company like Perry Ellis , with its strong portfolio of brands and its focus on delivering innovative retail experience to its customers and consumers."

Mr. Rattner holds a B.S. in accounting from the University of Florida and is a certified public accountant.

For more information about Perry Ellis International, Inc. and the company’s entire portfolio of brands, please visit www.PERY.com.

About Perry Ellis International

Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men's and women's apparel, accessories and fragrances. The Company's collection of dress and casual shirts, golf sportswear, sweaters, dress pants, casual pants and shorts, jeans wear, active wear, dresses and men's and women's swimwear is available through all major levels of retail distribution. The Company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist®, Jantzen® and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel. Additional information on the Company is available at http://www.pery.com.

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