NEW YORK, Apr 25, 2005 (BUSINESS WIRE) -- Candie's, Inc., (NASDAQ: CAND) "the Company" announced
today it has entered into two separate license agreements for the
Company's BADGLEY MISCHKA brand. The first agreement, with Franchi
Accessories is for women's handbags and the second agreement is for
men's and women's sunglasses and optical frame products with Sama
Eyewear. Badgley Mischka Handbags will debut during August 2005 market
while Badgley Mischka Eyewear will launch during September 2005 market
both for Spring 2006 deliveries.
Neil Cole, CEO, Candie's, Inc., stated, "These agreements mark the
beginning of a much anticipated expansion of the Badgley Mischka brand
into new categories that complement our core business. Interest in the
brand has been overwhelming and we are carefully evaluating many
opportunities for expansion and developing an exciting marketing plan
for the brand."
James Mischka and Mark Badgley, stated, "We are very excited to be
working with Franchi and Sama. It is challenging to find companies
that truly understand our design philosophy and have the resources and
talent to execute our vision. These two companies are exceptionally
creative and will seamlessly complement our core products with
glamorous handbags and eyewear."
The Company previously announced agreements with Groupe JS
International for Badgley Mischka Couture, Pronovias USA for Badgley
Mischka Bridal and with NewMont Group for Badgley Mischka Fur.
About Candie's, Inc.
Candie's, Inc. is in the business of licensing the CANDIE'S(R),
BONGO(R) and BADGLEY MISCHKA(R) trademarks on a variety of 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
SOURCE: Candie's, Inc.
Maria Dolgetta, 212-819-2084