Rafaella(R) Announces New Licensing Partnership With Fantasia Accessories

Brand to Offer Handbags, Belts, Small Leather Goods, Hats, Scarves, and Cold Weather Accessories

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| Source: Perry Ellis International, Inc.

MIAMI, March 26, 2014 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (PEI) (Nasdaq:PERY) announced today that it has entered into a license agreement with Fantasia Accessories Ltd., granting rights for Rafaella brand handbags, belts, small leather goods, hats, scarves and cold weather accessories. Rafaella, a leading women's collection sportswear brand, is part of the powerhouse PEI fashion portfolio.

"Fantasia is an industry leader in its category and the perfect partner for bringing the quality and aesthetic that the Rafaella woman expects through these exciting product extensions," said Oscar Feldenkreis, president & chief operating officer of Perry Ellis International. "We are excited about the potential of this agreement in bringing a full product lifestyle to our customers, and look forward to working together on a successful launch."

"We're thrilled to partner with Perry Ellis International and to launch Rafaella apparel into accessories," stated Eddie Azar, president of Fantasia. "We know that the Rafaella accessories line will be as smart and beautiful as the woman who wears them, and we look forward to providing the Rafaella customer with handbags and accessories to keep up with her fast-paced, active lifestyle."

This agreement adds a new product category with product launching at retail for Holiday 2014, offering stylish accessories to complement her look during the gift-giving season. Targeted retailers will include Rafaella's major accounts, such as Lord & Taylor, BonTon, Belk, and rafaellasportswear.com, as well as other fine department and specialty stores in the U.S. and Canada.

Rafaella apparel launched in 1982 with a focus on the modern woman. The brand offers luxury fabrics, great style, and impeccable fit and is especially known for offering 'The Perfect Fitting Pant.' Balancing style and performance, the Rafaella design team strives to offer flawless fit with effortless, sophisticated style options that mix and match for a woman perpetually on the go. The new accessories collection will complete the outfit and the lifestyle for the Rafaella woman. Follow Rafaella sportswear on Facebook, Twitter, Instagram, and Pinterest, for the latest news, offers and special promotions.

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, as well as select children's apparel. 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®, Jantzen®, Laundry by Shelli Segal®, C&C California®, Rafaella®, Cubavera®, Ben Hogan®, Centro®, Munsingwear®, Savane®, Original Penguin® by Munsingwear®, Grand Slam®, Natural Issue®, Pro Player®, the Havanera Co.®, Gotcha®, MCD®, John Henry®, Mondo di Marco®, Redsand®, Manhattan®, Axist®, Farah®, Anchor Blue®, Miller's Outpost®, Tahoe River Outfitters®, Original Khaki Company® and Techworks®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, Champions Tour® and Jack Nicklaus® for golf apparel. Additional information on the Company is available at http://www.pery.com.

About Fantasia Accessories Ltd.:

Fantasia is a leading multi-directional fashion accessory company based in New York City. With nearly 35 years of experience, Fantasia has become widely known for its expertise in every retail market segment from the finest specialty stores to the largest mass merchants. Fantasia's divisions, Lulu and On the Verge offer various products designed with fashion and quality in mind. They offer branded, licensed, and private label collections in each of their divisions. Product categories covered include fashion handbags, belts, hair accessories, hats, scarves, cold weather accessories, and costume jewelry for various age groups. Fantasia is structured to leverage all its resources; trend direction, design, sourcing, distribution, and financing from all of its divisions to bring to market the finest in quality, trend, and value for their retail partners.

Kelly Payfer
Vice President, Licensing
Perry Ellis International

212-536-5785

Eddie Azar
President
Fantasia Accessories Ltd.

212-391-1080