NEW YORK--(BUSINESS WIRE)--April 19, 2004--Candie's, Inc. (NASDAQ:CAND) ("The Company") today announced that Michael Groveman and Drew Cohen have joined its Board of Directors.

Mr. Groveman is currently the Chief Executive Officer of Bill Blass Ltd., a leader in sophisticated fashion, with over 40 licenses for products ranging from accessories and eyewear to furniture. Mr. Groveman has been with Bill Blass for over 14 years and is responsible for creating and executing the strategic direction and vision for the company. Prior to joining Bill Blass, he was a manager in the accounting firm of Ferro, Berdon and Company in New York. Mr. Groveman has a B.A. in accounting from Long Island University C.W. Post.

Mr. Cohen is the Managing Director, Business & Legal Affairs for Music Theatre International (MTI), which represents the dramatic performing rights of classic properties such as "West Side Story," and "Fiddler on the Roof," and has licensed over 50,000 performances in 68 countries. Before joining MTI, Mr. Cohen was the Director of Investments for a high-net-worth family, and prior to that, General Manager for GlassNote Records, an independent record company. Mr. Cohen holds a B.S. degree from Tufts University, a J.D. from Fordham Law School, and an M.B.A. from Harvard Business School.

In commenting on the announcements, Mr. Neil Cole, Chief Executive Officer and President of the Company stated, "We are thrilled to welcome these two excellent candidates to the Candie's Board of Directors. Now that we have transformed the company to a licensing and brand development company, we wanted to build on the existing talent of our Board with senior executives in the licensing industry. We believe that Mr. Groveman and Mr. Cohen perfectly complement our current group."

About Candie's, Inc.

Candie's, Inc. is in the business of licensing the CANDIE'S(R) and BONGO(R) names on a variety of young women's footwear, apparel and fashion products, and is a leading designer, distributor and marketer of jeans wear under the BONGO brand through its wholly owned subsidiary, Unzipped Apparel, LLC. 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 http://www.candiesinc.com.

    CONTACT: Candie's, Inc.
             Richard Danderline, 212-819-2069

    SOURCE: Candie's, Inc.