Sean John signs underwear, loungewear and sleepwear license with Basic Resources

Sean John has signed an exclusive licensing agreement with Basic Resources, an affiliate of Americo Group, Inc. This agreement will give the New York-based Basic Resources the license to manufacture and distribute men's underwear, loungewear and sleepwear for the Sean John label in the United States, Canada and Mexico. The Sean John Underwear, Sleepwear and Loungewear collection will debut at retail in Fall 2007 in the Sean John flagship store, major department stores and select specialty stores.

In addition to core silhouettes, the collection will include signature styles in luxury fabrications. Sean “Diddy” Combs said, “I am passionate creating an underwear line that would impress any man's woman. As I have proven with my apparel collections and fragrance, Unforgivable, Sean John is about a lifestyle and with Basic Resources we are adding an important component to our brand.” Salomon Harari, President of Basic Resources added, “Mr. Combs is one of the most influential imagemakers in the industry today. His vision for “Dare to be Sexy” underwear, sleepwear and loungewear coupled with Basic Resources' strengths in design, manufacturing and distribution will be a winning combination. We are proud to be joining the Sean John family.”

Sean John, a privately held company, was created by music icon and producer Sean “Diddy” Combs and made its fashion debut with a men's sportswear collection for the Spring 1999 season. In 2004, Sean “Diddy” Combs for Sean John was honored by the Council of Fashion Designers of America as Men's Wear Designer of the Year. With annual retail sales in the United States of over $450 million, Sean John is sold in better department and specialty stores across the country, as well as select retailers around the world. In 2006 Sean John, in partnership with Estée Lauder Companies, launched its signature men's fragrance, Unforgivable, which remains the number one selling men's fragrance in department stores in America.

Founded in 1993, Basic Resources, a privately held company, headquartered in New York is an established supplier to the market in the men's and women's underwear, loungewear and sleepwear categories. Through its global manufacturing capabilities and ability to develop innovative fashion products, Basic Resources has developed key alliances with leading retailers. Michael Mermey of Strategic Initiatives Group, LLC, a New York based consulting practice to the fashion industry, introduced the parties and acted as advisor to Basic Resources.

For further information please contact:

Sean John: Hampton Carney David Nesmith Paul Wilmot Communications 581 Sixth Avenue, 2nd Floor New York, NY 10011 T: 212.206.7447 hcarney@greatpress.com dnesmith@greatpress.com

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