Perry Ellis reports 10% sales decrease

23/08/2006

Casual apparel, activewear and swimwear designer Perry Ellis International, Inc. has reported total revenues of $171 million for the second quarter, ended July 31, a 10% decrease compared with the $190 million reported in the same period last year.

The decline in total revenues during the quarter was anticipated in the fiscal 2007 plan as, due to the seasonality of the company’s business, second quarter results historically result in losses.