Perry Ellis International Inc. (Nasdaq:PERY – News) announced today a license agreement with Euro Vision Group for the manufacture and distribution of Perry Ellis� eyewear and sunglasses in Central America, South America and the Caribbean.
''We are excited about the opportunities in this market where the brand is so dominant,'' said George Feldenkreis, chairman and CEO of Perry Ellis International. ''We are pleased to partner with Euro Vision and to take advantage of the company's expertise in marketing premium eyewear to Latin America.''
Anil Lal, president of Euro Vision, said: ''Perry Ellis International understands the uniqueness and the complexity of Latin America. They are focused on the potential for growth in this territory and we are pleased to be part of this effort.''
The Perry Ellis� eyewear and sunglass collection will be designed for the unique tastes of the region and will include 25 ophthalmic styles and 15 sunglass styles. The frames will be made of metals such as Monel, stainless steel, memory metal and titanium. The entire collection will be will be designed and produced in Italy, and will be available in stores in June 2004.
About Euro Vision
Euro Vision produces and distributes eyewear throughout Latin America and the Caribbean. The company opened a design office in Italy in 2002.