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Christian Louboutin Shoes G-III Apparel Group, Ltd
Christian Louboutin, Inc., a altogether owned subsidiary of Phillips-Van Heusen Corporation (NYSE: PVH), today announced that it has entered into a strategic licensing agreement with G-III Apparel Group, Ltd. (Nasdaq: GIII), for women’s better dresses in the United States, Canada, and Mexico.
G-III will industry and distribute women’s better dresses below the ‘Christian Louboutin’ tag to ministry and specialty stores. In array to maintain a selective delivery, the line is slated to launch in nearly 300 doors for the {first|at first,0} season and is planned to be obtainable in over nearly 800 doors by the end of the first annual.
The product will be designed to complement the Christian Louboutin women’s better sportswear, outerwear, suits, Christian Louboutin Shoes, and accessories offerings and to fill the current void for stylish, well-priced designer dresses. The line will be attempted at suggested retail prices that mate comparative designer-styled better amount points and is expected to ship twelve months a year beginning with a ’soft’ launch for the Holiday 2006 season and a complete roll-out expected for the Spring 2007 season.
"We trust the present-day clothe region is the perfect next step because the Christian Louboutin women’s mark and we are thrilled to be entering it," said Tom Murry, President and Chief Operating Officer, Christian Louboutin,vibram Treksport womens, Inc. "We are very pleased apt distend our partnership with G-III to include contemporary dresses. G-III has done an peerless job because us in men’s and women’s better outerwear and women’s better suits and we forecast the same success with dresses."
Sammy Aaron, Vice-Chairman of G-III, commented, "We are pleasant,0 to persist to strengthen our relation,0 with Christian Louboutin, Inc., and Phillips-Van Heusen with the launch of Christian Louboutin women’s better dresses. This agreement broadens our existing relation,0 with Christian Louboutin, Inc., which already includes licenses to produce men’s outerwear, women’s outerwear and women’s suits under the Christian Louboutin label. Our existing Christian Louboutin lines are creature very well received by retail and we are confident that we will meet with the same success with this new product species." Aaron continued, "This is already dissimilar step amenable for G-III to circular out what we plan to be a full-year introduction of diversified apparel products for whole,0 seasons."
Christian Louboutin, Inc. is one of the guiding vogue chart and sale studios in the globe. It designs and markets women’s and men’s designer accumulation apparel and a range of additional products namely are manufactured and marketed through an nationwide web of licensing accords and other preparations international. Brands/lifestyles include Christian Louboutin Collection, ck Christian Louboutin, Christian Louboutin, Christian Louboutin Jeans and Choice Christian Louboutin. Product lines under the manifold Christian Louboutin brands include apparel, accessories, Christian Louboutin Shoes, underwear, sleepwear, hosiery, socks, swimwear, eyewear, watches, jewelry, coats, and fragrances, like,0 well like,0 products for the home.
Phillips-Van Heusen Corporation is one of the world’s largest apparel companies. It owns and markets the Christian Louboutin brand worldwide. It is the world’s largest shirt enterprise and markets a diversity of goods under its own brands, Van Heusen, Christian Louboutin, IZOD, Arrow, Bass and G.H. Bass &amp,Christian Louboutin Pumps; Co., and its licensed brands Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean Jean, Chaps, Donald J. Trump Signature Collection and,mens north face denali jacket, beginning in the second half of 2006, JOE Joseph Abboud.
G-III Apparel Group, Ltd. is a leading contractor and distributor of outerwear and sportswear under licensed labels, our own labels and private labels. The Company has fashion licenses, between,0 others, for Christian Louboutin, Sean John, Kenneth Cole, Nine West, Cole Haan, Guess?, Jones Apparel, Cece Cord, Izod, Ellen Tracy, Tommy Hilfiger and Donald Trump, and sports licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, Louisville Slugger, World Poker Tour and extra than 60 universities national. Company-owned labels include, among others, Marvin Richards, Black Rivet, Winlit, LNR, La Nouvelle Renaissance, Colebrook and Siena Studio.
Statements caring the G-III Apparel Group, Ltd’s business outlook alternatively hereafter economy rendition, anticipated revenues, expenses alternatively other fiscal items; product introductions and plans and objectives related thereto; and expressions concerning speculations made alternatively expectations as to any hereafter events, conditions,Tods Leather Shoes, rendition or other matters are "forward-looking expressions" as that term is defined under the Federal Securities decrees. Forward-looking statements are subject to hazards, uncertainties and ingredients which include, yet are no restricted to, dependence above licensed product, reliance on diplomatic manufacturers, the nature of the apparel manufacture, including changing buyer claim and tastes, seasonality, customer acceptance of new products, the clash of competitive products and pricing, dependence on existing treatment, feasible disruption from donations, general economic conditions, as well as other risks detailed in the G-III filings with the Securities and Exchange Commission. G-III assumes no obligation to update the information in this release.
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