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Candie's, Inc., Appoints Warren Clamen as Chief Financial Officer

NEW YORK, Mar 09, 2005 (BUSINESS WIRE) -- Candie's, Inc., (NASDAQ: CAND) "the Company" announced today the appointment of Warren Clamen as Chief Financial Officer.

Clamen brings to the Company a diverse portfolio of experience in the areas of finance, operations and information technology, with a particularly strong emphasis on licensing. Clamen joins the Company from Columbia House, one of the world's largest licensees of content for music and film, where he held the title of Vice President of Finance for the past four years. Prior to that position, Clamen was the Vice President of Finance at Marvel Entertainment, Inc., one of the world's largest public licensing companies. Clamen also brings to the Company international business experience, including working in Canada and Europe.

Warren Clamen stated, "I am very excited to be joining the Candie's team. Candie's has been able to implement a new business model that successfully capitalizes on the core competencies of the Company in a relatively short period of time. The management team has a clear and ambitious vision of where they want to take the Company and I am eager to work with them to achieve the Company's goals."

Neil Cole, CEO, Candie's, Inc., stated "Warren will be a wonderful addition to our senior management team. He brings with him a comprehensive understanding of the licensing business and has the strength to balance rigorous financial planning and analysis with a high level of creative and strategic thinking. Warren believes in our vision for the Company and he will be a strong contributor to our growth in the future."

About Candie's

Candie's, Inc. is in the business of licensing the CANDIE'S, BONGO and BADGLEY MISCHKA 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 http://www.candiesinc.com.

* Headshot is available upon request.

SOURCE: Candie's, Inc.

Candie's, Inc.
Maria Dolgetta, 212-819-2084
mdolgetta@candeisinc.com