OXFORD INDUSTRIES INC

We are a leading branded apparel company that designs, sources, markets, and distributes products under our portfolio of lifestyle brands: Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, TBBC, Duck Head, and Jack Rogers. Our strategy focuses on driving excellence across these brands to achieve sustained, profitable growth. We define lifestyle brands as those with a clear, targeted point of view inspired by an appealing lifestyle or attitude. We believe these brands, by creating an emotional connection, can command greater loyalty and higher price points, and generate licensing opportunities. The success of our lifestyle brands relies on creating compelling products, effectively communicating their respective messages, and distributing products to consumers efficiently. In the apparel industry, key competitive factors include brand reputation, value, image, differentiated product design, consumer preference, price, quality, marketing, product fulfillment, and customer service. Our ability to compete depends on our skill in anticipating fashion and consumer trends and offering appealing products. Our design-led operations aim to provide exciting, differentiated fashion products each season, alongside core products. We directly communicate with our loyal consumers, including over 2.5 million who transacted with us in the last year, through digital and print media. We believe our ability to effectively convey brand images, lifestyles, and products, and create emotional connections, is critical to our brands' success, supported by advertising that engages consumers by showcasing the brand's lifestyle. The appeal of each of our lifestyle brands stems from years of maintaining appropriate quality and design, and managing product distribution.