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“Revenue increases were driven by several of the Companys growth platforms - Perry Ellis, golf and Hispanic lifestyles, direct retail and international. As anticipated, the shift in the retail calendar moved some of the shipments from April into May, thus positively impacting revenue growth during the second quarter of fiscal 2008. Additionally, the Company experienced a favorable shift in sales from August into July.
“We are very satisfied with the 14% organic growth achieved this quarter. The power of our brands and the validity of our multi-brand, multi-channel, multi-product strategy, are clearly evidenced in our record second quarter and first half results. During the first half of fiscal 2008, we achieved solid growth across all platforms and excellent sell-throughs,” Oscar Feldenkreis, President and Chief Operating Officer commented. “
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