NEW YORK, Jun 3, 2002 (BUSINESS WIRE) -- Candie's, Inc. (Nasdaq:CAND) is scheduled to release its first quarter fiscal 2003 earnings before the market opens on Wednesday, June 5th.

A conference call to discuss first quarter financial results will be held at 10:30 a.m. Eastern that same morning. While the question-and-answer session of the call will be limited to institutional analysts and investors, other interested parties are invited to attend via a live web-cast at: http://www.viavid.com

To listen to the webcast, your computer must have Windows Media Player installed. If you do not have Windows Media Player, go to the site prior to the call, where you can download Windows Media Player for free.

About Candie's, Inc.

Candie's is a leading designer and marketer of young women's footwear, apparel and accessories under the Candie's trademark and the Bongo trademark, which the Company recently acquired through its Unzipped Apparel, LLC acquisition. The Company distributes its products through department and specialty stores nationwide, as well as through thirteen company-owned stores, an electronic store at www.candies.com and specialty stores internationally. Candie's also arranges for the manufacture of footwear products for mass market and discount retailers under the private label brand of the retailer or other trademarks owned or licensed by Candie's. Additionally, the Candie's brand is licensed for the manufacture, sale and distribution of fragrances and cosmetics, handbags, sunglasses, watches and apparel. For investor information please visit the corporate web site at www.candiesinc.com.

Candie's, Inc.

CONTACT:
Candie's, Inc.
Neil Cole, 212/730-0030
or
Investor Relations Contact:
ICR, Inc.
James R. Palczynski, 203/222-9145

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