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FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate... More
  • Perry Ellis, Callaway Golf Expand Agreement 0 comments
    Apr 11, 2012 4:24 PM | about stocks: PERY, ELY

    April 11, 2012 (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.

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    Resolute, Navajo Nation Solidify Partnership (at http://www.financialwire.net/issues/2012_04/11/ren-navajo-venture.htm)

    ORIGINAL ARTICLE: http://www.financialwire.net/issues/2012_04/11/pery-ely-liscense.htm

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    INDEPENDENT EQUITY RESEARCH for companies mentioned in the news is available through the Investrend Research Syndicate (at http://www.investrend.com/research/resources/).

    Free ANNUAL REPORTS and COMPANY FILINGS for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279).

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    FINANCIALWIRE(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation from subject companies, associated entities or individuals for its news, opinions or distributions. Contact FinancialWire(tm) directly via the FinancialWire(tm) website (at http://www.financialwire.net/contact/). Copyright (NYSE:C) MMXII, FinancialWire(tm); All rights reserved.

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    Stocks: Perry Ellis International Inc. (NASDAQ: PERY) / Callaway Golf Company (NYSE: ELY)

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    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: PERY, ELY
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