Cygne Designs, Inc. confirms license agreements with Kenzo.NEW YORK--(BUSINESS WIRE)--Sept. 16, 1996--Cygne Designs, Inc. (Nasdaq:CYDS CYDS Centre for Youth Drug Studies (Australia) ) today confirmed that it had entered into two license agreements with Kenzo. The license agreements provide for the grant by Kenzo to Cygne of an exclusive license to manufacture and distribute in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Mexico the women's ready to wear line bearing the KENZO STUDIO label and the men's and women's ready to wear line bearing the KENZO JEANS label. The Kenzo license agreements have an initial term of five years commencing with the Autumn/Winter 1997 season. Bernard M. Manuel, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cygne, stated, "Kenzo is a major European fashion brand. We are delighted about our new relationship with Kenzo and believe it presents an excellent opportunity to utilize Cygne's merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. , manufacturing and sourcing expertise in the marketing and distribution of Kenzo in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." Cygne Designs, Inc. is a private label designer, merchandiser and manufacturer of woven and knit career and casual clothing for women. CONTACT: Roy E. Green Chief Financial Officer 212-354-6474 OR IR CONTACT: David Walke, Howard Zar, Shannon Moody Press: Stacy Berns, Michael McMullan Morgen-Walke Associates 212-850-5600 |
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