Leading apparel company Perry Ellis International Inc on Tuesday announced it had agreed to acquire menswear designer, distributor and major Perry Eliis licensee, Salant Corp, for around $91 million in cash and stock. The Florida-based firm, behind brands such as John Henry and Manhattan, said in a news release it would pay about $52m in cash and around $39m of newly-issued stock for Salant whose brands include Axis and Tricots St Raphael.