CAND Candies (MM)

Bongo Continues Licensing Roll Out With Three Key Categories Company Announces Intimate Apparel, Swimwear and Kids' Backpacks and Accessories NEW YORK, May 5 /PRNewswire-FirstCall/ -- Bongo, a division of Candie's, Inc. "the Company" announced today that it has entered into license agreements with Van Mar Inc., for junior intimate apparel and Fashion Accessory Bazaar, LLC., for kids' backpacks, handbags, small leather goods and accessories, under the BONGO label. The Company has also recently announced an agreement with the In Mocean Group for junior BONGO swimwear and cover-ups. All contracts have minimum net sales and minimum royalty guarantees. "We are thrilled to announce our new relationships with Van Mar, In Mocean and Fashion Accessory Bazaar. Each of these three companies is well known in the industry for its product expertise," stated Neil Cole, Chairman and CEO, Candie's, Inc. "With the addition of intimates, swimwear and kids' backpacks and accessories to the BONGO licensing portfolio it well help the Company reach its goal of turning BONGO into a lifestyle mega-brand." In addition to the Company's own junior jeanswear collection, the brand is now licensed for junior and kids' footwear to Kenneth Cole Productions, junior handbags to Innovo Group, Inc., junior tops to Pacific Alliance Manufacturing Group, junior eyewear to Viva International Group, junior accessories to Berkshire Fashions and kids jeanswear to Mamiye Brothers. Candie's, Inc. is in the business of licensing the CANDIE'S and BONGO trademarks 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 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/. DATASOURCE: Candie's, Inc. CONTACT: Maria Dolgetta, Senior Public Relations Manager of Candie's, Inc., +1-212-819-2084, Web site: http://www.candiesinc.com/

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