Everlast Worldwide Inc. Signs Boxing Equipment Mexican Licensing Company Difusion Deportiva, S.A DE C.V.

  
    
  
  
    
      Everlast® Worldwide Inc. (Nasdaq: EVST), 
      manufacturer, marketer and licensor of sporting goods, apparel, footwear 
      and other active lifestyle products under the Everlast brand name today 
      announced that it has signed a new license with Difusion Deportiva, S.A 
      DE C.V. to distribute boxing equipment in Mexico. Difusion, a 
      longstanding Everlast licensee since 1986 for men’s, 
      women’s and children’s 
      apparel and accessories, will distribute Everlast branded boxing 
      equipment to sporting goods chains and better department stores. The 
      license covers a variety of fitness equipment including boxing gloves, 
      heavy bags, exercise, cardio, weight lifting, aerobic and martial arts 
      equipment. Difusion Deportiva will also distribute professional and 
      amateur boxing equipment to gyms and specialty sporting goods stores in 
      Mexico. Initial shipments under the license are expected to ship in the 
      fourth quarter of 2007, which will be highlighted by our new Country 
      Pride line featuring Mexico and USA branded boxing equipment.
    
    
      Seth Horowitz, Chairman, President and CEO of Everlast Worldwide, said, “We 
      are excited to bring Everlast boxing equipment to the Mexican market 
      where the Everlast brand is very highly regarded. By utilizing our 
      current sourcing and fully developed equipment line, Difusion will be 
      able to penetrate the sporting goods market in a short period of time. 
      This new license for boxing equipment with Difusion is an important step 
      in our growth as a premier brand in Latin America and demonstrates the 
      strength the Everlast brand has in the sport of boxing worldwide.”
    
    
      David Dichi, President of Difusion Deportiva, said, "We are pleased to 
      be adding the Everlast boxing equipment category to our already 
      successful Everlast business in Mexico. Mexicans have long embraced 
      great boxing champions like Marco Antonio Barrera and continue to view 
      boxing as one of the country’s premier sports. 
      This category will drive home the authenticity of the Everlast branded 
      assortment that will resonate extremely well with the consumers in our 
      region."
    
    
      About Everlast Worldwide Inc.
    
    
      Everlast Worldwide Inc. is a leading designer, manufacturer and marketer 
      of boxing and fitness related sporting goods equipment under the 
      well-recognized Everlast brand name and a worldwide licensor of the 
      Everlast brand for apparel, footwear, sporting goods equipment and other 
      active lifestyle products and accessories. Since 1910, Everlast has been 
      the preeminent brand in the world of boxing and among the most 
      recognized brands in the overall sporting goods and apparel industries. 
      In order to capitalize on the rich heritage and authenticity of the 
      Everlast brand, the company has extended the Everlast brand outside of 
      the boxing ring into complementary product categories. Our strategy is 
      to continue to leverage the unique qualities represented by the Everlast 
      brand — Strength, Dedication, Individuality 
      and Authenticity — to become a leading global 
      athletic brand and a necessary part of the lives of consumers who train, 
      compete and live an active lifestyle.
    
    
      Statements made in this Press Release that state the intentions, 
      beliefs, expectations or predictions of Everlast Worldwide, Inc. and its 
      management for the future are forward-looking statements. It is 
      important to note that actual results could differ materially from those 
      projected in such forward-looking statements. Information concerning 
      factors that could cause actual results to differ materially from those 
      in forward-looking statements is contained from time to time in filings 
      of Everlast Worldwide with the U.S. Securities and Exchange Commission, 
      including the annual report on Form 10-K under the heading “Risk 
      Factors.” Copies of these filings may be 
      obtained by contacting Everlast Worldwide or the SEC.