Exhibit 99.1

Donnkenny Inc. Announces Entry into the Ladies Coat Business

    NEW YORK--(BUSINESS WIRE)--May 7, 2003--Donnkenny, Inc. (OTC
BB:DNKY) today announced its entry into the women's coat business with
the establishment of its Coat Division. The Company's announcement
came after it concluded arrangements to hire Ron and Bill Gallo, whose
family has been involved in the coat business for over 80 years. The
Company also assumed additional showroom space in Manhattan for its
coat division and a sourcing office in Poland.
    Daniel H. Levy, Chairman and CEO of the Company stated that "The
Company is excited to enter into this new line of business." Mr. Levy
noted that the Company has concluded arrangements to manufacture coats
under the Bill Blass(R), Bill Blass Signature(R) and Blassport(R)
labels. "With these labels, and the established expertise of Ron and
Bill Gallo, the Company will be able to immediately accept orders for
fall delivery." Mr. Levy added. "We are excited about this opportunity
to diversify Donnkenny and add a quality license to our portfolio. The
Gallo's have an established business, which we look forward to growing
substantially."
    Donnkenny designs, manufactures, imports and markets a broad line
of moderately priced women's sportswear. The Company's major labels
include Pierre Cardin(R), Harve Benard(R), Donnkenny(R), Casey &
Max(R) and Victoria Jones(R).
    Except for historical information contained herein, the statements
in this release are forward-looking and made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements involve known and unknown risks and
uncertainties that may cause the Company's actual results in future
periods to differ materially from forecasted results. Those risks
include a softening of retailer or consumer acceptance of the
Company's products or pricing pressures and other competitive factors.
These and other risks are more fully described in the Company's 10-K
and 10-Q filings with the Securities and Exchange Commission.

    CONTACT: Donnkenny, Inc.
             Daniel H. Levy, 212/790-3947
             or
             Maureen d. Schimmenti, 212/790-3976