VALHALLA, N.Y., Apr 25, 2003 (BUSINESS WIRE) -- Candie's, Inc. (NASDAQ: CAND), has rescheduled the release of its fourth quarter and fiscal 2003 earnings to Thursday, May 1,2003, after the market closes.

The conference call to discuss fourth quarter and year-end financial results has been rescheduled to 4:30 p.m. Eastern that same afternoon. This call will be webcast by CCBN and can be accessed on the Candie's, Inc. web site at www.candiesinc.com.

The webcast will also be distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About Candie's Inc.

Candie's, Inc. is a leading designer and marketer of young women's footwear, apparel and accessories. The Company distributes its products under the Candies and Bongo brand names through department and specialty stores nationwide, as well as through company-owned stores 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 and sale of apparel, fragrances, handbags, sunglasses and watches, and the Bongo brand is licensed for womens' and kids' jeans and apparel, sportswear, cold weather accessories, belts and eyewear. Candie's, Inc. operates its website at www.candies.com. For investor information please visit the corporate web site at www.candiesinc.com.

Candie's, Inc.
Richard Danderline, 914/749-2912
rdanderline@candiesinc.com