Everlast Worldwide Inc. Announces Listing on the Nasdaq Global Market.

NEW YORK -- Everlast[R] Worldwide Inc. (Nasdaq: EVST), manufacturer, marketer and licensor of sporting goods, apparel, footwear and other active lifestyle products under the Everlast brand name, today announced that it has received approval from the Nasdaq Stock Market to list its securities on the Nasdaq Global Market effective with the opening of business on January 16, 2007. The Company will continue to trade under the EVST trading symbol. The Company was previously listed under the Nasdaq Capital Market (formerly the Nasdaq Small Cap Market).

Seth Horowitz, President and Chief Executive Officer, stated, "We are thrilled to be moving up to the Nasdaq Global Market, which should increase our visibility within the financial community and provide investors with greater access to our shares and information about Everlast. This move is consistent with the growth we've demonstrated as a company and as a brand."

About Everlast Worldwide Inc.

Everlast Worldwide Inc. manufactures, markets and licenses sporting goods, apparel, footwear and other active lifestyle products under the Everlast brand name. Since 1910, Everlast has been the preeminent brand in the world of boxing and is among the most dominant brands in the overall sporting goods and apparel industries. Over the past 97 years, Everlast products have become the "Choice of Champions[TM]", having been used for training and professional fights by many of the biggest names in the sport. Everlast is the market leader in nearly all of its product categories, responsible for leading eight of the top ten boxing equipment products in sales. In addition to producing and marketing the equipment and accessories, Everlast Worldwide Inc. licenses its brand to providers of men's and women's sportswear and active wear, children's wear, footwear, watches, cardiovascular exercise equipment, nutritional foods and gym/duffel bags to name just a few categories. The company's Web site can be found at http://www.everlast.com.

Statements made in this Press Release that are estimates of past or future performance are based on a number of factors, some of which are outside of the Company's control. Statements made in this Press Release that state the intentions, beliefs, expectations or predictions of Everlast Worldwide, Inc. and its management for the future are forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in forward-looking statements is contained from time to time in filings of Everlast Worldwide with the U.S. Securities and Exchange Commission. Copies of these filings may be obtained by contacting Everlast Worldwide or the SEC.