EVST Everlast Worldwide (MM)

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, celebrated its tenth anniversary with Sportex, the company's exclusive apparel and footwear licensee in Chile. Sportex recently held a fashion show and party in Santiago in conjunction with the launch of the Summer 2007 collection to highlight the success of the Everlast brand in Chile. Seth Horowitz, Chairman, President and CEO of Everlast Worldwide, said, "We are thrilled to join Sportex in the celebration of their tenth anniversary as the apparel and footwear licensee for Everlast in Chile. The team at Sportex has done an outstanding job, and as a result, Chile is one of the strongest markets for Everlast on a per capita basis." Jaime Avayu, co-owner of Sportex added, "Through our collaboration with Everlast Worldwide, we are proud to have posted strong double-digit annual growth in apparel and footwear sales in Chile. The Chilean consumer has clearly developed an affinity for the Everlast brand and the timeless style and fashion that the brand conveys." 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 96 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. At the retail level, Everlast's licensed products generate more than $700 million in revenues. 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.