Perry Ellis International [PERY] will be taking over NASDAQ on Monday September 13, when company executives ring the exchange's closing bell in honor of Fashion Week and the 30th anniversary of the namesake Perry Ellis menswear collection
At 4 PM, George Feldenkreis, Chairman and CEO of Perry Ellis International and Oscar Feldenkreis, President and COO, will lead John Crocco, creative director for the Perry Ellis brand, and several models donning the brand's latest looks, as the company brings the trading day to a close.
"As we celebrate this landmark year, we continue to be very confident with our current market position and successful business strategies," said George Feldenkreis. "In ringing the NASDAQ bell, we aim to usher in the next thirty years of success for our brands."
Perry Ellis International heads to the exchange after posting strong results for the first half of fiscal 2011 in which earnings per share increased to $.66 from $.04 during the first half of the prior fiscal year. The company also increased its outlook for full year earnings.
One of the most popular designers of the 1980s, Perry Ellis brought a new look to American sportswear. When he launched his first menswear collection, his designs were famous for their unpretentious, sophisticated and timeless versatility. Often described as an innovator, even as a maverick, Ellis once said, "I don't make fashion. I make clothes." Over a quarter of a century after the launch of the Perry Ellis line, his name and legend still command attention. Historically, Perry Ellisis one of the great American fashion brands. His signature styles continue to influence designers around the world today.
After ringing the closing bell, the Perry Ellis executive team will head to Lincoln Center where the company will debut its Spring 2011 Collection on the runway as part of New York Fashion Week.