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Casual Male Assets

From: ASAP


Designs, Inc. (NASDAQ - DESI), retail brand operator of Levi's(R) Outlet by Designs, Dockers(R) Outlet by Designs, Candies(R) and Ecko Unltd. outlet stores, today announced that it was selected as the highest and best bidder at the Bankruptcy Court ordered auction to acquire substantially all of the assets of Casual Male Corp., a leading specialty retailer of fashion, casual and dress apparel for big and tall men with 476 stores in 44 states, and certain subsidiaries. Casual Male has filed a motion in the U.S. Bankruptcy Court for the Southern District of New York seeking approval of the sale at a hearing scheduled for May 7, 2002.

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