Schottenstein Stores/Value City, which also bought the Starter inventory, paid $5.3 million for the inventory rights. Perry Ellis, after a brief bidding spat with Schottenstein over the intellectual property, upped its bid to $1.3 million from $1.0 million for the trademarks and designs of the brand. Pro Player has been winding down its unprofitable operations under the Fruit of the Loom bankruptcy.

Perry Ellis plans to develop a mid-market active sports line aimed at the Sears/Penney’s/Kohl’s segment. It has been approached by the major leagues but has made ... Log in to view full article.