The Miami parent or licensee of a variety of apparel brands, including Nike Swim, intends to streamline operations and eliminate less productive overhead after a completing a strategic brand review of its core businesses—sportswear, golf, Hispanic lifestyle and swim. The decision to overhaul its business comes as Perry Ellis announces a projected 30-35% drop in fourth quarter adjusted EPS to a range of $0.35-.38 ($5.4-5.8 mm) despite an 11% increase in revenues to $229 million for the period ended Jan. 28. ... Log in to view full article.