NEW YORK--(BUSINESS WIRE)--Dec. 7, 2004--Candie's, Inc.
(NASD:CAND) and Kohl's Corporation (NYSE:KSS) today announced plans to
introduce Candie's into its junior and girls departments beginning in
the fall of 2005 in all stores and on Kohls.com.
The Candie's brand which is being licensed to Kohl's under a
long-term agreement, is among the most recognized national brands.
Candie's is known for its innovative marketing and trendy fashions for
young shoppers. Kohl's will be the exclusive provider in the United
States of all Candie's apparel, such as sportswear, accessories, and
Candie's footwear, which is designed, manufactured and distributed
by Steven Madden Ltd. (NASDAQ:SHOO), will be introduced at Kohl's as
part of the launch. Both Candie's footwear and handbags will continue
to be distributed through a variety of specialty and department stores
through the end of 2006. Beginning January 2007, the Candie's brand in
its entirety will be available exclusively at Kohl's.
"Candie's has strong name-recognition among Kohl's female
shoppers," said Kevin Mansell, Kohl's president. "We look forward to
developing the Candie's collection, allowing us to achieve a spectrum
of styles that address the fashion demands of today's young shopper.
This is an exciting opportunity that strengthens our mission to
deliver national brands, but even more importantly, clearly
differentiates Kohl's in the marketplace."
Neil Cole, chairman and CEO of Candie's commented, "This strategic
partnership will transform Candie's into a total lifestyle concept and
provide the brand with unprecedented access to a national
infrastructure of stores, distribution, and marketing as well as a
vibrant consumer base. Now, with the strength of Kohl's behind the
brand, we believe that Candie's will rise to a whole new level."
Candie's, Inc. is in the business of licensing the CANDIE'S, BONGO
and BADGLEY MISCHKA trademarks on a variety of women's footwear,
apparel and fashion products. Through its wholly owned subsidiary,
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
Based in Menomonee Falls, Wis., Kohl's is a family-focused, value
oriented specialty department store offering moderately priced
national brand apparel, shoes, accessories and home products. The
company operates 637 stores in 40 states. For a list of store
locations, or for additional information, visit Kohl's web site at
CONTACT: For Kohl's: Vicki Shamion, 262-703-1464
For Candies: Maria Dolgetta, 212-819-2084
SOURCE: Candie's, Inc.