Candies (NASDAQ:CAND)
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Bongo Continues Licensing Roll Out With Three Key Categories
Company Announces Intimate Apparel, Swimwear and Kids' Backpacks and
Accessories
NEW YORK, May 5 /PRNewswire-FirstCall/ -- Bongo, a division of Candie's, Inc.
"the Company" announced today that it has entered into license agreements with
Van Mar Inc., for junior intimate apparel and Fashion Accessory Bazaar, LLC.,
for kids' backpacks, handbags, small leather goods and accessories, under the
BONGO label. The Company has also recently announced an agreement with the In
Mocean Group for junior BONGO swimwear and cover-ups. All contracts have
minimum net sales and minimum royalty guarantees.
"We are thrilled to announce our new relationships with Van Mar, In Mocean and
Fashion Accessory Bazaar. Each of these three companies is well known in the
industry for its product expertise," stated Neil Cole, Chairman and CEO,
Candie's, Inc. "With the addition of intimates, swimwear and kids' backpacks
and accessories to the BONGO licensing portfolio it well help the Company reach
its goal of turning BONGO into a lifestyle mega-brand."
In addition to the Company's own junior jeanswear collection, the brand is now
licensed for junior and kids' footwear to Kenneth Cole Productions, junior
handbags to Innovo Group, Inc., junior tops to Pacific Alliance Manufacturing
Group, junior eyewear to Viva International Group, junior accessories to
Berkshire Fashions and kids jeanswear to Mamiye Brothers.
Candie's, Inc. is in the business of licensing the CANDIE'S and BONGO
trademarks on a variety of young women's footwear, apparel and fashion
products, and is a leading designer, distributor and marketer of jeans wear
under the BONGO brand through its wholly owned subsidiary, Unzipped Apparel,
LLC. Through Brightstar Footwear, Inc., the Company also arranges for the
manufacture of footwear products for mass market and discount retailers under
the private label brand of the retailer. For investor information, please
visit the corporate web site at http://www.candiesinc.com/.
DATASOURCE: Candie's, Inc.
CONTACT: Maria Dolgetta, Senior Public Relations Manager of Candie's,
Inc., +1-212-819-2084,
Web site: http://www.candiesinc.com/