Donnkenny, Inc. Appoints New Chief Financial Officer and Other Senior Executives.

NEW YORK--(BUSINESS WIRE)--October 16, 1998--

- Continues Strategy of Building a Stronger Senior Management

Team -

Donnkenny, Inc. (Nasdaq: DNKY) today announced the appointment of Beverly Eichel as Executive Vice President and Chief Financial Officer.

Ms. Eichel, age 40, was previously Executive Vice President and Chief Financial Officer of Danskin, Inc., a New York-based public company which designs, manufactures and markets several brands of women's activewear clothing, dance wear and legwear. Ms. Eichel joined Danskin, Inc. in 1987 as Corporate Controller, and subsequently held the position of Chief Financial Officer from 1992 to 1998. Prior to Danskin, Ms. Eichel was the Director of Accounting at MGM/UA Home Video from 1984 to 1987, and she began her career as a Certified Public Accountant at Ernst & Young (formerly Ernst & Whinney) from 1980 to 1984. Ms. Eichel will report to Harvey Appelle, Chairman and Chief Executive Officer of Donnkenny, Inc.

Also, the Company announced the appointment of James Metcalfe to the position of Executive Vice President of Operations and Manufacturing, reporting to Lynn Siemers-Cross, President and Chief Operating Officer of Donnkenny, Inc. Mr. Metcalfe, age 49, has been consulting since December 1997 and was previously Senior Vice President of Manufacturing at Anne Klein & Company, from 1992 to December 1997, where he was responsible for planning and directing all phases of production activities, including managing global sourcing. From 1987 to 1992, Mr. Metcalfe held the position of Senior Vice President of Manufacturing for the Sports Division of Calvin Klein, and prior to this, was Vice President of Manufacturing for Harve Benard from 1977 to 1987.

Additionally, the Company noted that it has appointed Myrna Goldstein-Pine to the position of President of Victoria Jones, reporting to Lynn Siemers-Cross, President and Chief Operating Officer of Donnkenny Inc. Ms. Goldstein-Pine, age 51, was previously Vice President of Special Size Sales at Victoria Jones and Casey & Max divisions from 1993 to 1998. Prior to that, Ms. Goldstein-Pine held various positions at Oakhill Sportswear, formerly a subsidiary of Donnkenny Inc., from 1989 to 1993. Before that, she worked in various capacities at David Peet, Inc., a women's sportswear company.

Mr. Harvey Appelle and Ms. Lynn Siemers-Cross jointly commented, "We are extremely pleased to announce these appointments, highlighting our commitment of building a stronger management team, enhancing internal controls and executing management's vision for the Company."

Mr. Appelle continued, "Beverly Eichel is a most highly regarded executive in the apparel industry, and brings invaluable management, operational and systems expertise to Donnkenny."

Ms. Siemers-Cross added, "Jim Metcalfe has the deserved reputation of being one of the very best manufacturing and sourcing executives in the apparel industry, and Myrna Goldstein-Pine is a seasoned apparel executive who has already contributed greatly to the success of our Victoria Jones and Casey & Max divisions."

Mr. Appelle and Ms. Siemers-Cross concluded, "We at Donnkenny are most gratified to welcome such highly talented executives to our organization."

Donnkenny designs, manufactures, imports and markets a broad line of moderately-priced sportswear. The Company's major labels include Casey & Max(R), Donnkenny(R), Pierre Cardin(R) and Victoria Jones(R).

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, a softening of retailer or consumer acceptance of the Company's products or pricing pressures and other competitive factors. These and other risks are more fully described in the Company's 10-K and 10-Q filings with the Securities and Exchange Commission.