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PERRY ELLIS SIGNS STANFIELD'S AS CANADIAN LICENSEE

Perry Ellis International of Miami, FL has signed Stanfield's of Truro, NS as its licensee for men's underwear and boxers in Canada. The license is for the manufacture and distribution of the Perry Ellis and Perry Ellis Portfolio product lines. These products are expected in arrive in-stores in the spring of 2004. Stanfield's manufactures men's and women's underwear products. It also manufactures and distributes products under the names Harvey Woods, Polar-therm, Chilgard, All Climate, Necessities and X20. The company has previously held two other license agreements with Perry Ellis International for the Canadian market: one for Natural Issue and one for Grand Slam.

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