For the third quarter of fiscal year 2002, ended 31 October 2001, clothing company Perry Ellis International Inc reported a 200 per cent increase in diluted earnings per share to $0.15. George Feldenkreis, chairman and CEO commented: "We are pleased with our performance this quarter. Our October shipments were stronger than we originally anticipated. This fact combined with the concerted effort we have had in place during the entire year to reduce costs and inventory levels resulted in improved gross margin and earnings compared to last year."