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Perry Ellis posts surprise Q4 loss, shares fall external link

Rate   Reuters | Thu, Mar 19

Thu, Mar 19 Perry Ellis, whose brands include Perry Ellis, Laundry by Shelli Segal, Cubavera and Jantzen, expects a high-single to low-double digit decline in revenue for 2009. Sales were hit by lower consumer spending, while margins fell from 35.4 percent to 29 ...

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2 mainstream media weighed in on a similar topic

9 Months Ago, Global Surf News says (in Perry Ellis posting loss as revenues slide by 10 percent) Although some of its platforms reported above-plan results, Perry Ellis said these were offset by a revenue decline of $6.4 million related to replenishment of private label bottoms business, the planned exit of several brands at the men’s specialty ...

And MiamiHerald.com says (in Apparel firm Perry Ellis taking `steps to survive') Still, Chairman George Feldenkreis tried to paint an optimistic picture for the future of the company whose brands include Perry Ellis, Jantzen, Original Penguin and Laundry. Feldenkreis pointed out that the company's quarterly performance was dragged ...

Source:  Reuters
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