- home
- contact us
- about us
- model for us
- Bookmark
- get free news alerts
- printed magazines
- Subscribe to BODY Magazine
- news by category +
- Accessories News
- Activewear News
- Ballet News
- Basics News
- BODY Photos
- Classic Slippers/Shoes News
- Clubwear News
- Costume News
- Dancewear News
- Event News
- Fashion News
- Financial and General Interest News
- Hosiery News
- Industry Releases
- Licensing News
- Lingerie News
- Loungewear News
- Mastectomy News
- Maternity News
- Men's Underwear News
- Plus Size News
- Real Estate News
- Retailer News
- Retail Lingerie News
- Sexy Slippers/Shoes News
- Shapewear News
- Sleepwear News
- Socks News
- Swimwear News
- Technology News
- Textiles News
- Trend Report News
- archive +
- photo reports +
- retail profiles +
- trend reports +
| Industry Releases |
brands
Dreamgirl 2011 costume
I would like to receive more info from Dreamgirl
Rosy
I would like to receive more info from Rosy
Dione - LingaDore Autumn / Winter 2013-2014
I would like to receive more info from LingaDore
Miss Bisbigli
I would like to receive more info from Miss Bisbigli
Latest looks from Pretty Polly.
I would like to receive more info from Pretty Polly
Incanto: Embroidered lilac brief and bra.
I would like to receive more info from Incanto
BUY Listing
|
Bare Necessities Now Offering Dita Von Teese
Bare Necessities has just added the Dita Von Teese lingerie line, noting in an announcement that it “provides accessible glamour for women of all shapes and sizes. Her lingerie tells a story of beauty for women of all shapes, sizes and ethnicities, and this message, for those who are familiar, is projected through Von Teese’s live revue “Burlesque: Strip, Strip, Hooray!” which features a full spectrum of beauty and body types.”
» I want to read more and receive info from Dita Von TeeseCanadian Retailer Plans Big Vegas Warehouse
Pink Cherry, a large online retailer of lingerie and adult toys, heretofore focused on the Canadian market, will open in September a 40,000 square foot warehouse in Las Vegas. Owner Daniel Freedman told BODY his aim is to dramatically expand his sales in the U.S. by creating here a more efficient inventory and delivery operation.
» I want to read more and receive info from Pink CherryVandale Hires Parnes To Handle Warner’s License
Maurice Setton, CEO of Vandale Industries, told BODY he had just hired Michael Parnes, an industry veteran, as the president of a new division that will produce and market a variety of intimate apparel products under the licensed Warner’s and Olga brands.
» I want to read more and receive info from VandaleGraham: Underwear License With Majestic
Men’s apparel designer Robert Graham has signed a license with Majestic International for men’s underwear and loungewear to launch in the fall of 2015.
» I want to read more and receive info from Majestic InternationalGlitter: New Packaged Lingerie From Golyta
Golyta International, the parent company to iCollection, Tia Lyn, and HAUTY, just launched a new packaged lingerie line, Glitter, Justin Lam told BODY. The collection can be seen at the upcoming International Lingerie Show, and will be ready to ship by the end of September.
» I want to read more and receive info from GolytaFit Fully Yours: New ’Felicia’ Strapless Bras
Fit Fully Yours has introduced its new “Felicia Strapless Collection,” a spokesperson told BODY.
» I want to read more and receive info from Fit Fully YoursElila: New Leopard Lace Bra And Control Shaper
Elila is introducing at the upcoming Curvexpo show in New York, a new “Leopard Lace Underwire Bra” and a matching “Leopard Lace and Microfiber Control Shaper” owner Ellen Jacobson told BODY.
» I want to read more and receive info from ElilaTC Fine: New Image, New Fabrics Get Results
TC Fine, the shapewear brand from Cupid Foundations, Inc. has recently changed its logo and redesigned some of its marketing materials and hang tags. It is also introducing a “new sheer collection,” according to Eric Crawford, national sales manager at the company. The moves are improving results at stores he told BODY.
» I want to read more and receive info from Cupid FoundationsMaison Lejaby Names Nonnis To Manage U.S.
Maison Lejaby has hired Ivana Nonnis as manager of its U.S. operations. Previously she had operated her own showroom, representing Marlies Dekkers and other brands, and prior to that she was CEO of La Perla North America.
» I want to read more and receive info from Maison LejabyAna Grant Introduces ’Symphony’ Collection
Ana Grant has just introduced a new lingerie collection, Symphony.
» I want to read more and receive info from Ana GrantSensual Packaging, New Warehouse For Erica M
Erica Young, the designer behind the Erica M hosiery brand, has created extensive new packaging, moved her warehouse facility, created a new spring summer 2015 collection and may even be adding cat suits to her collection. These developments were detailed in a recent interview with BODY.
» I want to read more and receive info from Erica M.French Fetish Designer Catanzaro Seeks Reps
An interesting opportunity is emerging for manufacturer’s representatives in the U.S., in the form of Patrice Catanzaro, a French fetish designer who has recently created both lingerie and Halloween collections and is highly interested in expanding in this country. The company does not have any reps in America and its collections are so different they may well fit into the product assortments at many sales firms.
» I want to read more and receive info from Patrice CatanzaroUpBra Permits Easy Adjustment Of Cleavage
“The UpBra represents a huge jump in the evolution of the push up bra,” explained Mark Redenius, the inventor of its patented lifting ability. “Now with a simple pull of the adjustment straps, women can control how much — or how little — cleavage they are showing.”
» I want to read more and receive info from UpBraHochman Ready To Take On Industry Challengers
Carole Hochman, one of the country’s most successful designers of women’s sleepwear, is poised, as the CEO and largest shareholder of a newly reconfigured public company, to take on all challengers — including Komar, Inc., the company that bought her old company, the Carole Hochman Design Group, in 2010. She had continued working at Komar until resigning less than a year ago.
» I want to read more and receive info from NakedTim Regan Has Departed Delta Management Team
Tim Regan is no longer at Delta Galil. He had served in different top level positions at the company since June, 2008 and had been a member of the executive management team, prior to his departure in mid-July.
» I want to read more and receive info from Delta Galil2014: Sales Decline Accelerates at Intimacy
Sales (when measured in U.S. dollars) fell 14.1% at the retail chain Intimacy in the first half of 2014, while at the international parent company, Van de Velde, sales rose 10.3%. The Belgium-based lingerie wholesaler and retailer added, in a financial release, that at Intimacy “Due to the weakening of the U.S. dollar against the euro the fall in euro is a little larger.” 22.7%, in fact.
» I want to read more and receive info from IntimacyJulia Allison Promotes Coobie Seamless Bras
Writer and onetime television host Julia Allison has signed on as a spokesperson for Coobie Seamless Bras, the comfortable stretch-fabric sports bra introduced just over a year ago.
» I want to read more and receive info from coobieInterfiliere Reports 5% Decrease In Attendance
Eurovet’s Interfiliere Paris textile tradeshow reported a total of 10,501 visitors, a decrease of 5 percent from last year, though its “international presence” was stronger with more attendance from China, India, Mexico and Spain.
» I want to read more and receive info from EurovetWood Adds New Colors And Camouflage Prints
Wood Underwear is introducing custom camouflage prints for the fall/winter 2014 season in five classic men’s undergarment styles made with premium, natural fabrics.
» I want to read more and receive info from WoodBlack Fuchsia’s Strappy ’Cage Back’ Collection
Executives at Black Fuchsia are reporting strong sales for its strappy “cage back bras” and matching panties, a collection that it launched several months ago and is now rapidly expanding.
» I want to read more and receive info from Black FuchsiaShapeez Health And Comfort Benefits Listed
When company founder Staci Berner launched Shapeez with the Ultimate, a bra with a patented design that combined a support bra and a full back, she was not thinking about providing health benefits to thousands of women. She was looking to provide a comfortable, supportive bra that did not reveal, through outer clothing, the ugly lines and back bulges caused by most other bras.
» I want to read more and receive info from ShapeezCatanzaro: Strong Start For First Halloween Line
French fetish designer reported an enthusiastic reaction so far for his first ever, Halloween collection (introduced earlier this year), even though the company has not yet approached some of the most obvious potential retailers.
» I want to read more and receive info from Patrice CatanzaroPrym: Bra Components With Ergonomic Design
Prym Intimates, a leading maker of bra components, has introduced its Ergo Range, a collection that emphasizes ergonomical design. By redesigning bra closures, straps and wires it has come up with a collection that it says is not only more comfortable, but promotes better posture and health for the wearer.
» I want to read more and receive info from Prym IntimatesBL: U.S. Distribution For Exquisite Form Bras
Exquisite Form, a brand owned by Vanity Fair, has been given a boost in the U.S. with the takeover of its marketing and distribution by BL Intimates.
» I want to read more and receive info from BL IntimatesVandale: License For Warner’s, Olga Intimates
PVH Corp. announced it has “licensed Vandale Industries, Inc., to design, produce and market women’s shapewear, sleepwear, loungewear, robes, sports bras, and other specified athletic wear for the U.S. and Canadian markets under the Warner’s (including the sub-labels Simply Perfect by Warner’s, Blissful Benefits by Warner’s, and Body Heaven by Warner’s) and Olga brands.”
» I want to read more and receive info from VandaleDelta Galil: Dabah Still Seeking Big Acquisition
Isaac Dabah, CEO of Delta Galil, declared in an article, re-printed on the his company’s website this week, his intentions to eventually acquire a company with sales in the $1.5 to $2 billion range. He also discussed plans to use the Delta’s recently licensed Lacoste brand to spearhead initiatives into the Chinese market and other strategies.
» I want to read more and receive info from Delta GalilStrong Registration Seen For September ILS
Jeff Yunis, owner of the International Lingerie Show (ILS), reported that buyer registration for his upcoming show September 15 to 17 is already running “Surprisingly strong. Normally buyers wait until the last minute to tell us they are coming but for this show, they are registering early.”
» I want to read more and receive info from International Lingerie ShowElectric EEL: Unfairly Barred From Exhibiting?
Electric EEL Inc., a maker of intimates and adult novelties, distributed a press release earlier this month accusing the Adult Novelty Manufacturers Expo (ANME) of a “targeted attack and attempt to stifle competition” because the show has barred it from exhibiting at an upcoming trade show in Burbank, July 12-14.
» I want to read more and receive info from Electric EELOh La La Cheri: Never Out Of Stock Program
After a dramatic series of expansions in recent months into clubwear, swimwear and many more plus size styles, Oh La La Cheri will soon bolster the position of its core product, regular size intimates, with the launch of a “Never Out Of Stock” program.
» I want to read more and receive info from Oh La La CheriSturdy Girl Issued U.S. Sports Bra Patent
Sturdy Girl Sports, the producer of a collection of sports bras, said it has been issued Patent 8,690,634 B2 for utility by the U.S. Patent and Trademark Office for “the proven, unique Sturdy Support System” it utilizes in its products.
» I want to read more and receive info from Sturdy Girl SportsVictoria’s Secret Adds Knockout Sports Bra
Increasing its emphasis on the sports bra category, Victoria’s Secret recently introduced yet another style, this a patent-pending front close bra called Knockout.
» I want to read more and receive info from Victoria’s SecretRené Rofé: Strategy For International Intimates
In a wide ranging discussion René Rofé, owner of International Intimates, presented his view of overall market conditions and shared news and strategy from his own company.
» I want to read more and receive info from International IntimatesShibue Couture Returns To Mode City Paris
Shibue Couture will be seen at three important trade events over the next few months. The company’s best known product is the adhesive, “no line strapless panty.”
» I want to read more and receive info from ShibueLeg Avenue’s Mike Tsai Reviews 2014 Strategy
Mike Tsai, COO at Leg Avenue, recently discussed new initiatives at the firm, ranging from a new corporate slogan, a push to provide retailers with a broader array of Leg Avenue point of sale promotional materials, and a commitment to enforce MAP (minimum advertised price) polices.
» I want to read more and receive info from Leg AvenueLeg Avenue: Expanding ’Killer Curves’ Plus Line
Leg Avenue reported a strong reaction to the “rebranded” plus size lingerie line it showed at the recent International Lingerie Show (ILS) in early April, and is adding more styles to its fall and holiday catalog and collection out later this summer. The new group, called ““Killer Curves,” is shipping to stores this month.
» I want to read more and receive info from Leg AvenueYummie Begins Selling Six Bra Styles In June
Yummie by Heather Thomson has just introduced Yummie Bras, a collection of six styles with two different fits, Simply Modern Fit and Comfortable Fit. A wide variety of coverages and supports are offered in the group of closure-free bras which, on the Yummie website, are retailing from $34 to $38.
» I want to read more and receive info from YummieJerry Beck, President Of Charades Costumes
Jerry Benjamin Beck, president of the Charades costume company, passed away June 1.
» I want to read more and receive info from CharadesShapeez: Wide Variety Of Uses Spurs Growth
Shapeez is off to a strong start in 2014, with sales growth running at 40% over the first five months of 2013 according to David Berner, EVP and CFO. And a significant part of this growth has come from professionals in unexpected arenas.
» I want to read more and receive info from ShapeezAM:PM Doubles Size Of Swimwear Collection
AM:PM has doubled the amount swimwear in its collection to about 30 styles as it prepares for the upcoming Miami swim show in July. The brand is the beach and resort wear brand from Espiral, the maker of sexy lingerie and club wear.
» I want to read more and receive info from EspiralPlus Market Embracing Undersummers Styles
Carrie Adorna, owner and creator of Undersummers by CarrieRae, a fashion panty shortlette for plus-sized women, recently told BODY Magazine that the market has “really embraced” her innovative product.
» I want to read more and receive info from UndersummersShibue Couture: Intros Non-Slip Camis, Tanks
Shibue Couture, known for its strapless, stick-on panties and pasties, has introduced an extra-long tank top as well as a camisole dress designed not to ride or roll up at the bottom.
» I want to read more and receive info from ShibueFit Fully Yours Expands ’Crystal Smooth’ Line
Canada-based Fit Fully Yours, specializing in comfortable, attractive lingerie with a wide array of cup sizes, is expanding its Crystal Smooth collection for everyday wear with a new lime green colorway.
» I want to read more and receive info from Fit Fully YoursNew Orleans Halloween Show “90% Sold” Out
The Halloween & Party Expo is gearing up for a move from Houston to New Orleans for its 2015 show, scheduled Feb. 6-9 at the Ernest N. Morial Convention Center.
» I want to read more and receive info from The Halloween and Party ExpoAnita Sports Bra Again Wins Red Dot Award
German lingerie maker Anita International has won the Red Dot Design Award for 2014 for its style 5537 DynamiX Star, an innovative, high-impact sports bra. Red Dot is an international product design prize.
» I want to read more and receive info from AnitaLahco & CMK: Broad Strategy For US Growth
Lahco of Switzerland, after a successful launch on Saks.com last year, has put in place a range of sales strategies that it expects will continue to expand sales of its men’s and women’s swimwear across the U.S.
» I want to read more and receive info from LahcoFrench Fetish Lingerie Expanding Across U.S.
Patrice Catanzaro, the French designer who focuses of fetish themed apparel and lingerie, continues to add new styles and collections, just as his impact on the U.S. market gradually expands.
» I want to read more and receive info from Patrice CatanzaroBlack Fuchsia’s Success With Corsets, Bustiers
Black Fuchsia reported that is is currently finding success with its collection of corsets and bustiers — and shared some of the secrets with BODY. The collection, which wholesales in the $7 to $10 range, can retail in department stores for $30 to $36 it says.
» I want to read more and receive info from Black FuchsiaBracli: Pearl Babydoll Joins Paris Collection
Bracli has added a “Satin Pearl Babydoll” to its Paris Collection which has been “upgraded with luxuriously soft French Chantilly lace and satin panels” while retaining the “genuine Mallorcan pearls Bracli is known for.”
» I want to read more and receive info from BracliCalida, Aubade In 2014: "Tough Year Ahead"
Using words such as “shrinking,” “tough,” “tense,” “deteriorated,” “struggle” and “flat or negative development,” to describe market conditions and its efforts to overcome them, Calida Group’s 2013 annual report, promises a challenging, if not uncertain, future for that brand and Aubade (which it acquired in 2005).
» I want to read more and receive info from CalidaSavoie Out, Panzieri New Baci Sales Director
The new sales director at Baci Lingerie is Helle Panzieri. Christian Savoie, who had been director of global sales and business development, is no longer with the company.
» I want to read more and receive info from Baci LingerieNew Barely There Bra Puts Wires On Outside
Barely There, one of the many Hanes brands, last month launched a new all-seamless bra called “Simply the One.” It was first available in “Kohl’s and Belk department stores nationwide and select J.C. Penney stores, with a suggested retail price of $38,” according to the company.
» I want to read more and receive info from Barely ThereTo read more news, please choose the category from the news category section.
TOP 10 SEARCHES ON OUR WEBSITE
UK La Senza Lingerie Stores In Administration
Marnixheath Limited, which controls the La Senza lingerie chain of 55 stores in the UK, has been placed into administration, a legal status similar to bankruptcy. La Senza operations in other parts of the world are controlled by L Brands and are unaffected by the move.
>> Read Article
Victoria’s Secret Stores Up 3%, Direct Up 6%
“Victoria’s Secret stores North America June comparable store sales increased 3% driven by increases in lingerie and Pink” while June sales at Victoria’s Secret direct rose 6% over the same month last year, according to Amie Preston, chief investor relastions, at parent company L Brands.
>> Read Article
Hanes To Buy European Underwear Firm DBA
HanesBrands announced today intends to acquire DBApparel of France, an underwear and hosiery producer, from Sun Capital Partners, Inc. for a purchase price of “€400 million on an enterprise basis (approximately $550.”
>> Read Article
Gildan Activewear Agrees To Acquire Doris
Gildan Activewear, Inc. announced it has signed an agreement to “acquire substantially all of the assets of Doris Inc. (Doris), a marketer and manufacturer of branded sheer hosiery, legwear and shapewear products to retailers in Canada and the United States." The initial purchase price is approximately $101.4 million.
>> Read Article
Soma’s Parent May Be Considering Takeover
Chico’s FAS, Inc., in early June, was widely reported to be in preliminary discussions to consider the option of a private equity buyout or some type of takeover, this leading to a significant jump in its stock price. One of the firm’s best-performing divisions is Soma, a retailer of intimates, sleepwear and loungewear.
>> Read Article
VS Direct Down 10%, Stores Up 2% For May
While Victoria’s Secret North American comparable store sales for May rose 2%, and Victoria’s Secret direct sales declined 10%, parent company L Brands reported a company-wide net sales increase of 4%.
>> Read Article
L Brands Income Rises, VS Strategies Adjusted
In the conference call to discuss its first quarter earnings, L Brands acknowledged a modest reduction in the number of U.S. lingerie stores it plans to open this year, said it is exiting some apparel and make-up categories, and confirmed its emphasis on opening new Pink stores as opposed to Victoria’s Secret stores in this country.
>> Read Article
Frederick’s Completes "Going Private" Deal
The acquisition of Frederick’s of Hollywood Group Inc. by “HGI Funding LLC, a wholly owned subsidiary of Harbinger Group Inc., and certain of the company’s other common and preferred shareholders” was approved May 28th “by over two-thirds of the aggregate voting power of the company’s common stock.”
>> Read Article
Delta Galil: 1st Quarter Net Income Up 40%
Delta Galil is off to a great start in 2014. First quarter net income soared to $9.3 million, 40% above the same quarter last year, while sales also rose, and the company raised its sales guidance for the full year — now even further above the $1 billion mark than it had originally predicted.
>> Read Article
Victoria’s Secret Store Sales Rose 8% In April
Victoria’s Secret comparable store sales for April, in the U.S. and Canada, rose 8% over the same month last year. Meanwhile, Victoria’s Secret Direct sales dropped 3% from last year.
>> Read Article
Victoria’s Secret: 50 New U.S. Stores In 2014
The number of Victoria’s Secret stores here and around the world will take another big jump in 2014, most likely topping 1,100 in the U.S., according to parent company L Brands’ annual report for 2013 and information released during the firms 4th quarter conference call.
>> Read Article
NPD: Tights Up 33%, Women’s Apparel 4%
The NPD Group estimated women’s apparel retail sales grew to $116.4 billion in 2013, a 4 percent increase over the $112.3 billion it estimated for 2012. And one particularly dramatic increase occurred in hosiery where “dollar sales for tights grew 33 percent in 2013.”
>> Read Article
Victoria’s Secret Comp March Sales Down 1%
“Victoria’s Secret North America March comparable store sales decreased 1%,” according to Amie Preston, chief investor relations officer at parent company L Brands.
>> Read Article
Frederick’s: Closes 16 Stores, Loses $5.1 M
Frederick’s of Hollywood Group Inc. lost $5.1 million in the fiscal second quarter 2014 on sales of $23.5 million, compared to a loss of $10.0 million on sales of $24.3 million in the same period last year.
>> Read Article
Thekkekara of Dolce Vita Purchases Lunaire
Jack Thekkekara, who owns Dolce Vita Intimates, LLC and some years ago purchased the Movie Star brand, has purchased the Lunaire brand. Lunaire is a 20-year-old firm that specializes in attractive bras in fuller sizes.
>> Read Article
Victoria’s Secret Comp February Sales Up 2%
February comparable store sales at Victoria’s Secret stores in North America were up 2% “driven by core lingerie and Pink,” while at Victoria’s Secret direct sales rose “1%, as growth in bras, panties, Pink, swim and sport was partially offset by a decline in apparel,” according to Amie Preston, chief investor relations officer at parent company L Brands, Inc.
>> Read Article
Delta Galil: Sales Will Top $1 Billion in 2014
Sales at Delta Galil in 2013 rose 19%, from $817,782,000 to $974,719,000 and CEO Isaac Dabah projects that “Based on our initial financial guidance,” 2014 “will be our first year of sales in the $1 billion-plus range” in a press release that accompanied the year end results.
>> Read Article
Problems At Intimacy As Van de Velde Rises
Sales rose slightly in 2013 at Van de Velde, the Belgian firm that owns Intimacy and PrimaDonna among other stores and brands (up 0.4% to 182.4 million euros - about $251.9 million at today’s exchange rates).
>> Read Article
L Brands: Small To No Sales Gains In February
L Brands, Inc., parent to Victoria’s Secret and La Senza among others, reported “Earnings per share for the 13-week fourth quarter ended February 1, 2014, were $1.65 compared to adjusted earnings per share of $1.76 for the 14-week fourth quarter ended February. 2, 2013. Adjusted earnings per share for the prior year on a 13-week basis were approximately $1.68.”
>> Read Article
Hanes Sales Rose, Profits Doubled In 2013
Hanesbrands recorded double the net income in 2013 that it did in 2012, despite a fourth quarter 2013 in which net income fell from $80.4 million in 2012 to $32.3 million. Full year sales in 2013 were $4.628 billion compared to $4.526 billion the year before as profits rose from $164.7 million to $330.5 million.
>> Read Article
L Brands Comparable Sales Up 9% in January
L Brands, Inc., (parent to Victoria’s Secret and La Senza), reported “comparable sales for the four weeks ended Feb. 1, 2014 increased 9% compared to the four weeks ended February 2, 2013,” as well as sales increases for the full year 2013.
>> Read Article
Suit Opposes Frederick’s ’Going Private’ Deal
A minority Frederick’s of Hollywood shareholder, Bruce Paul, is the lead plaintiff in a class action lawsuit filed in New York County Supreme Court opposing the proposal by a consortium of shareholders to take the company private.
>> Read Article
Victoria’s Secret Parent: Sales Up In December
L Brands, Inc., parent to Victoria’s Secret and La Senza among other stores and brands, reported sales increases for both December and the 48 weeks ended January 4th, 2014, while at the same time lowering its estimated earnings moderately for the fourth quarter due to lower margins and increase promotions.
>> Read Article
Frederick’s Going Private, Lynch Still CEO
Frederick’s of Hollywood Group Inc. has agreed to be taken private by a group of investors who already own most of its outstanding shares. The proposed move was first announced at the end of September. Thomas Lynch, the current CEO, has received a contract to remain with the company for three more years.
>> Read Article
November Sales Up For Victoria’s Secret Parent
Victoria’s Secret November comparable sales declined 3% (while the brand’s direct channel sales increased by 9%) as parent L Brands, Inc. overall net sales rose to $988.5 million for the four weeks ended Nov. 30, 2013, compared to net sales of $922.0 million for the four weeks ended Nov. 24, 2012.
>> Read Article
Victoria’s Secret Stores October Sales Up 10%
Comparable store gains of 10% at Victoria’s Secret stores this October over the same month last year led to company-wide sales gains for its parent, L Brands, Inc. (formerly known as Limited Brands).
>> Read Article
Sales Rise, Net Income Falls At Delta Galil
Sales at Delta Galil Industries, Ltd. rose in the third quarter ended September 30, 2013 to $257,199,000 from $233,996,000 while income dropped significantly to $12,674,000 from $20,190,000 in the same period last year, the decline attributed, by the firm, to various “non-recurring” or “one-time” items.
>> Read Article
Frederick’s Has $22.5M Loss In Fiscal 2013
Frederick’s of Hollywood Group, Inc. reported Friday a loss of $22.5 million for 2013, as well as a dramatic 22.4% drop in sales from $111.4 million in the fiscal year ended July 28, 2012 to $86.5 million for the year ended July 27, 2013. The release of the year-end results comes as the company’s “sole disinterested independent director“ considers a recent offer to take the company private. And two weeks after Frederick’s amended agreements with its lenders, resulting in, among other things, an increase in its revolving line of credit from $24 million to $35 million with “$5 million having been advanced on October 10.”
>> Read Article
Limited Brands Closes Senior Notes Offering
L Brands, formerly known as Limited Brands (and parent to Victoria’s Secret), announced yesterday “the closing of its previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 (the “2023 Notes”).”
>> Read Article
September Sales Rise At Victoria’s Secret
L Brands, Inc. (formerly known as Limited Brands), parent to Victoria’s Secret, reported an increase in sales for the five weeks ended October 5, 2013 when compared to a similar period last year. Comparable store sales for this September vs. last September increased 1% at Victoria’s Secret stores, 2% at Victoria’s Secret direct and 3% at La Senza, the firm’s Canadian lingerie store chain.
>> Read Article
Group In Offer To Take Frederick’s Private
A “consortium” of shareholders owning about 70% of the outstanding common shares of Frederick’s of Hollywood Group Inc., a public company, has sent the company’s board of directors a “non-binding proposal letter” offering to purchase the remaining shares and take the company private.
>> Read Article
Hanes: Will Soon Close Maidenform Acquisition
HanesBrands has reaffirmed its 2013 financial guidance and said that its acquisition of Maidenform, intention of which it announced in July, “is expected to close by Tuesday, Oct. 8, 2013, pending approval by Maidenform stockholders voting at a special meeting on Thursday, Oct. 3, 2013, and satisfaction of other customary closing conditions. The acquisition has already received regulatory clearance.”
>> Read Article
Lingerie Sales Rose In August for L Brands
August comparable store sales were up 3% at both Victoria’s Secret stores and Victoria’s Secret Direct, as well as 8% at La Senza lingerie stores in Canada, as parent company Limited Brands, Inc., (now known as L Brands, Inc.) reported rising net sales of $704.7 million for the four weeks ended Aug. 31, 2013, compared to net sales of $665.6 million for the four weeks ended Aug. 25, 2012.
>> Read Article
L: Adding Pink, Cutting Victoria’s Secret Stores
Limited Brands, Inc. (now known as L Brands, Inc.), which is parent to Victoria’s Secret, is actually cutting the number of North American Victoria’s Secret stores by 20 in 2013, while at the same time increasing the number of Pink stores by 49. It also reported increased company-wide sales in July compared to last year.
>> Read Article
Victoria’s Secret Parent: Q2 Sales, Earnings Rise
Limited Brands, Inc. (now known as L Brands, Inc.), parent to Victoria’s Secret, reported increased sales and income for the second quarter and increased its guidance for per share earnings for the full year.
>> Read Article
Hanes Agrees to Acquire Maidenform for $575 M
HanesBrands announced today that it “has entered into a definitive agreement to acquire Maidenform Brands” in a transaction valued at approximately $575 million on an enterprise-value basis,” or “$23.50 per share, a 30 percent premium to Maidenform’s average closing price over the past 30 days.”
>> Read Article
Triumph About To Open 2 Long Island Stores
Triumph held a “media event” (in the words of one executive — meaning that the focus was not on impressing retailers, who were not in attendance in any number) the night of July 18, as part of its expansion plans for the U.S. Most significantly, two Triumph flagship locations are about to open, one in the Roosevelt Fields mall, one in the Walt Whitman mall.
>> Read Article
Hanes Names Moran of PetSmart To Its Board
HanesBrands appointed Robert Moran, former chairman and chief executive officer of PetSmart, Inc., to its board of directors.
>> Read Article
Van de Velde: 11% First Half Decline at Intimacy
First half sales fell by 2% at Van de Velde, the Belgian public company that is parent to several brands and retail chains. One of these stores, Intimacy in the U.S., suffered an 11% decline during the first six months. Company-wide, sales dropped to m€ 96.8 (about $126 million), compared to m€ 98.7 for the same period last year.
>> Read Article
Victoria’s Secret Store Sales Declined in June
Victoria’s Secret comparable stores sales as well as Victoria’s Secret Direct sales both declined in June. For parent L Brands, Inc. (which has been known as Limited Brands) overall net sales for the five weeks ended July 6, were $1.101 billion, slightly higher than “net sales of $1.077 billion for the five weeks ended June 30, 2012.”
>> Read Article
Galleria Intima: Holding 2nd Trade Show in India
Galleria Intima, which describes itself as “India’s only sourcing fair for intimate apparel professionals,” will return for its second annual event in August (at the Grand Hyatt in Goa on the 23rd and 24th). And Invista and Lenzing will again be among the expanded list of exhibitors.
>> Read Article
PVH: $20 Million Loss On Warnaco Expenses
PVH Corp. lost $20.0 million in its first quarter ended May 5, 2013 on sales of $1.823 billion, compared to a profit $95.5 million on sales of $1.313 billion for the same quarter last year, ended April 29. A company statement said that the loss was “due to significant costs incurred in connection with the company’s acquisition during the quarter" of Warnaco and “with the related integration and restructuring, a significant portion of which was non-cash.”
>> Read Article
Wolford Reports Yearly Earnings Down Sharply
As a result of dramatically reduced earnings, Wolford announced in mid June that “the management board will propose to the annual general meeting to suspend the dividend payment for the 2012/13 fiscal year and to focus the financial resources on profitable growth.”
>> Read Article
Frederick’s: 3rd Quarter Loss of $643,000
Frederick’s of Hollywood Group Inc. lost $643,000 on sharply declining sales of $23,293,000 in its fiscal third quarter 2013, compared to a profit of $3,313,000 on sales of 30,181,000 during the same period last year. In addition the retailer has reduced, since mid-March, the number of its retail outlets by three, bringing the current total to 112.
>> Read Article
Victoria’s Secret Store Sales Up 4% in May
Increased sales at Victoria’s Secret and La Senza stores helped lift Limited Brands, Inc. (now known as L Brands, Inc.), net sales to $737.0 million for the four weeks ended June 1, 2013, compared to net sales of $671.9 million for the four weeks ended May 26, 2012.
>> Read Article
To read more news, please choose the category from the news category section.
Latest Retail Profiles
latest lingerie retailers
upcoming events
Like BODY?
Subscribe to our mailing list
Fill out the subscription formCopyright © 2012 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2013 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
