The Shapeez Secret: 360 Degree Shaping

The Shapeez Secret: 360 Degree Shaping

“You have never heard a bra company bragging about how great they make your back look,” declared David Berner, CFO and co-owner of Shapeez. “But that is a key element of our patented bra design, and a component to the success of our brand.”

Rigby & Peller Might Shrink To Three Shops

The U.S. retail chain Rigby & Peller is currently down to just four locations and could soon close one of those stores according to a company executive at parent company Belgium-based Van de Velde.

Ruby Ribbon Got Patent For Sport Demiette

Ruby Ribbon announced it has been issued its first patent (U.S. Patent No. 10,993,482) for the “unique and innovative product construction used in” its Sport Demiette line.

Successful NILS Hosted ‘Over 450 Buyers’

The New International Lingerie Show reported “over 450 buyers” from “183 accounts” attended the event September 12 and 13 at the Tuscany Hotel in Las Vegas, according to co-owner Tim McNamara.

Naked Stock Up After It Teased New M&A Deal

Naked’s stock has been higher since company CEO and chairman Justin Davis-Rice announced August 20 that the company had reached a tentative agreement to partner with another “substantial” firm and was in the process of due diligence on the deal.

5 Star Reviews Drive Growth Of Comfeez

Customers continue to submit five star reviews for the Comfeez bralettes that Shapeez recently introduced, as the company prepares to expand the line with a specially designed plus size collection.

Aerie Q2 Income +132%, Sales +34%

Aerie operating income soared 132% to $70,646,000 in the quarter ended July 31, “reflecting a 21.0% operating margin.” Total net revenue rose 34% to $335,795,000 for the intimates division of American Eagle Outfitters (AEO).

Dreamgirl Costume Picks For Halloween ’21

With the Halloween approaching, Dreamgirl has assembled a collection of popular and on trends styles.

Van de Velde Sales, Profits Leap In First Half

Van de Velde profit in the first half of 2021 rose 266.5% to m€ 18.2 (million euros, about $21.5 million at today’s exchange rates), as sales rose 32.1% to m€ 97.6 (about $115.5 million).

Rigby & Peller Drops To Four U.S. Locations

Rigby & Peller recently “permanently closed” its lingerie shop at 104 5th Avenue, between 15th and 16th Street in Manhattan, leaving the chain with just four locations in the U.S.

Chantelle Moving Out Of Lingerie District

Chantelle is moving its U.S. headquarters out of the lingerie district at 34th Street and Madison Avenue to a location close to Grand Central Terminal.

VS Earned $151.1M On Sales Of $1.61B In Q2

Victoria’s Secret & Co., which includes Pink, and has now separated from Bath & Body Works, earned $151.08 million on sales of $1.614 billion in the quarter ended July 31, 2021.

David’s Bridal Adds To New Galina Lingerie

David’s Bridal has expanded the “newly launched lingerie” collection under its own Galina Signature private label brand. The group of 15 designs includes bustiers, thongs, garters, a teddy bodysuit, a push-up nightie, babydolls, chemises and slips.

Sales For Hanes Basics +48%, Intimates +150%

Hanes Innerwear sales, excluding personal protection equipment (PPE), rose dramatically in the second quarter over the same periods in both 2020 and 2019.

Sales, Earnings, Margins Rise At Delta Galil

Delta Galil earned $27.27 million on sales of $455.77 million in the quarter ended June 30, 2021, compared to a loss of $53.29 million on sales of $270.95 million in the same period a year ago.

Splendies Subscription Service Expanding

Splendies is an eight year old subscription underwear business that, according to founder Anthony Coombs, will bring in up to $18 million this year. BODY publisher Nick Monjo asked about the company’s start, its expansion into new categories and the addition of a new online shop.

Wacoal U.S. Q1 Sales, Operating Income Jump

Sales at Wacoal International Corp., the Wacoal division that covers the U.S. and all of the Americas, jumped to 7,435 million yen (roughly $67.4 million at current exchange rates) in the quarter ended June 30, 2021, up from 3,404 million yen (about $30.9 million) in the same period last year.

Playboy Losses Jump To $8.9 Million In Quarter

Playboy lost $8.915 million on sales of $49.851 million in its second quarter ended June 30, compared to a loss of $3.616 million on sales of $34.557 million in the same period last year.

Kaye Larcky Coming To August Curve Show

Kaye Larcky is coming to the August Curve show in New York with a variety of bras focused on minimizers, sport bras,“Mammawear,” and everyday essentials.

Embrago: Apparel That Lets You Forgo A Bra

Embrago, a new apparel brand that allows women to forgo wearing a bra, will be showing at Curve in August, its first trade show and “national debut.”

GemBra Launches Successfully On QVC

The GemBra had a dramatically successful launch on QVC, bringing in over $80,000 in sales from an initial eight minute, late night presentation in July.

Pajameez Welcomes New Group Of Buyers

Pajameez by Shapeez, the new collection of luxury bamboo pajamas and loungewear, began shipping in mid-July, and has just launched a new, dedicated website for the label.

Noir: Recent North American Sales Growth

Noir Handmade, a higher-priced fetish, lingerie and clubwear brand, headquartered in Wroclaw, Poland, reported strong, recent growth on this side of the Atlantic.

PJ Confidential Coming To Curve In August

“PJ Confidential is an elevated and eco-friendly loungewear, intimates, and sleepwear line,” that will be coming to the Curve show in New York in August.

Biota: “Ecofriendly” Brand Coming To Curve

Biota is a Colombia-based “ecofriendly” producer of a small collection of basics, scheduled to show at Curve in New York in August, its first ever trade show.

Dreamgirl’s Fall Holiday Valentine’s Day Offering

Dreamgirl has introduced its 2021/2022 Fall Holiday Valentine’s Day Collection

NILS: Now With 50+ Companies Signed For Vegas

The New International Lingerie Show continues to grow, now with over 50 exhibitors signed for its event September 13 and 14 in Las Vegas, with more expected in the coming weeks.

La Diva Set To Open Store In Naples, Florida

La Diva International, LLC is planning to open its first brick and mortar store in September, in Naples, Florida where the company is based.

Mapale Introduces New Lounge 2021-2022

Mapalé has just introduced its new Lounge 2021-2022 collection, which includes two-piece pajama sets, rompers and sleep chemises.

For Sale: Trunkettes and Kathy Ireland SWIM

The Trunkettes swim brand is selling its assets, including its licensing deal with Kathy Ireland Worldwide.

BODY Brings Back Popular Shopping Guide

BODY Magazine has relaunched its popular Shopping Guide, now as a regular section in BODY. Instead of appearing once a year, each listing is published in every issue, twelve times a year. Contact Ted@FMMG.com or Nick@FMMG.com, (917) 602-9430 to be listed.

VS, Pink To Trade Independently August 3

The L Brands board of directors has approved the previously announced separation of Victoria’s Secret and Pink into an independent, publicly traded company as of August 3rd.

Playboy Buying Australia’s Honey Birdette

Playboy has entered an agreement to acquire Honey Birdette, a lingerie and adult products company founded in 2006 with 50 stores in Australia, seven in the U.S. and three in the U.K.

Claudel: Activewear Line Made In Canada

Claudel Lingerie has just launched a new lounge and activewear collection, this one “sourced in California and produced in Montreal.” According to the company the group was “created to offer higher quality basic items in a small variety of colors.” It ships in July. BODY publisher Nick Monjo interviewed Anny-Claude Lapierre (aclapierre@claudellingerie) about the move.

Delta Galil Signs Adidas Underwear License

Delta Galil announced a licensing agreement to produce Adidas brand men’s and women’s underwear to launch in the spring of 2022.

Delta Galil : Wolford Lingerie, Swim License

Delta Galil has signed a licensing agreement with Wolford to produce a collection of high end lingerie and swimwear.

Playboy Nets $203.3M From New Stock Sale

On June 14 Playboy sold 4,720,000 shares of its stock at an offering price of $46 and received net proceeds of “approximately $203.3 million (net of underwriting discounts and commissions and offering expenses).”

PVH Earned $99M On Revenue Of $2.079B

PVH earned $99.9 million on total revenue of $2.079 billion in the quarter ended May 2, compared to a loss of $1.097 billion on revenue of $1.344 billion in the same period last year

Josie Natori Designed A Scrubs Collection

Josie Natori has designed a collection of “medically superior scrubs” for Care+Wear, a medical apparel firm.

Delta: Brayola, Bare Necessities Merging

Delta Galil announced that it is merging Bare Necessities and Brayola, the two online intimates retailers it acquired in 2020.

Torrid Holdings Filed To Offer Public Stock

Torrid Holdings Inc. has filed a registration statement for a “proposed initial public offering.”

Pajameez By Shapeez, New Lounge, Sleep Line

Shapeez is launching its first lounge and sleepwear collection: Pajameez by Shapeez.

Soma Q1 Sales $107M, Up 33% From 2019

Soma sales jumped to $106,893,000 in the quarter ended May 1, up 65% from $64,907,000 in the same period last year, and up 33% from 2019, when it reported sales of $80,081,000 in the first quarter.

La Perla Lost €136M On Sales Of €66M

La Perla lost €136,366,000 (about $166 million at current exchange rates) on sales of €66,237,000 (about $81 million) in 2020.

Aerie Sales Jump To $297.5 Million In Q1

Aerie operating income jumped to $69.978 million on higher net revenue of $297.487 million in the quarter ended May 1, 2021 compared to an operating loss of $19.129 million on sales of $154.981 million in the same quarter last year.

Dreamgirl: Success With Array Of Bridal Lingerie

Dreamgirl outlined the success it has had in providing bridal lingerie over the years.

VS Sales, Operating Income Jump Sharply

Total Victoria’s Secret and Pink sales jumped to $1.554 billion in the quarter ended May 1, 2021, a gain of 74% from $893.6 million in the same period last year.

Naked Reports Bigger Loss On Lower Sales

Naked Brand Group reported a total comprehensive loss of 72,830,000NZD (New Zealand dollars, about $52.4 million at today’s exchange rates) on total revenue of 80,039,000NZD (about $57.6 million) for the twelve months ended January 31, 2021.

Knix Raises $53M, Will Add 2 California Stores

Canada based Knix Wear has just raised $53 million in investment funding, according to published reports, and is opening two retail shops in California to join shops already open in Toronto and Vancouver.

Naked’s CEO Again Mentioned Possible Deal

Naked Brand Group, which produces intimates under the licensed Frederick’s of Hollywood label, announced it was somewhat closer to a long anticipated partnership with another firm.
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iFabric Intimate Apparel Sales Jump 468%

The Intimate Apparel Division at iFabric returned to profitability in the quarter ended June 30, as company sales jumped 29.3% to $4,155,829CD, (Canadian dollars, or about $3,282,897 at current exchange rates) compared to $3,214,465CD (about $2,539,266) in the same quarter last year.
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Successful Shows Lead Up To September ILS

“After a series of productive and health-conscious apparel shows this summer, the New International Lingerie Show continues to grow, now with over 300 retail accounts pre-registered and 50 exhibitors signed for its event September 13 and 14 in Las Vegas,” co-owner Tim McNamara told BODY.
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Curve Show At New Downtown Location

The two day Curve show, August 1st and 2nd, drew a host of brands to a new location in downtown Manhattan: Spring Studios.
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Interview: Problems Plague China Production

In March, BODY publisher Nick Monjo interviewed Dreamgirl owner Barry Revzen about his experience with rising intimate apparel prices at Chinese factories. In this installment, the producer explains how rising prices, and a host of other issues, are continuing to plague Chines production.
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Group Urges Changes At Soma Parent Company

An activist investor group that says it owns 2% of the outstanding shares in Soma parent company Chico’s FAS, wrote a letter to the board, pointing out that Soma, if considered as a separate entity, could be worth more than the entirety of the firm.
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Altitude Announces Dates For 2022 Show

Altitude announced it’s next lingerie and adult novelties show will open at the MGM Grand in Las Vegas on Monday, March 14, 2022 and run three days through the 16th.
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iFabric’s Intelligent Fabrics Segment Surging

iFabric lost 135,227CD (Canadian dollars-about $112,000 at today’s exchange rate) on sales of 2,882,660CD (about $2.39 million) in the quarter ended March 31, 2021. This compares with a loss of 479,436CD (about $397,000) on revenue of 2,252,090CD (about $1.86 million) in the same period last year.
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ILS Releases More Info About September Show

The International Lingerie Show claimed its upcoming September show in Las Vegas “is going to be the largest ILS show in years,” as well as providing additional pricing information.
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Hanes Innerwear: Sales +35.0%, Profit +56.2%

HanesBrands Innerwear sales rose 35.0% while that segment’s operating profit soared 56.2%, in the three months ended April 3, 2021.
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Delta Galil Nets $15.1M As Q1 Sales Jump 25%

Delta Galil earned $15.081 million on sales of $416.135 million in the quarter ended March 31, compared to a loss of $19.990 million on sales of $332.683 million in the same period last year.
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NILS Vegas Event Will Be September 13-14

The New International Lingerie Show has confirmed to BODY that it will hold its fall, in-person event at the Tuscany Suites & Casino in Las Vegas on September 13 and 14 (Monday and Tuesday).
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Roma Signs License To Offer Playboy Costumes

Roma, the costume and lingrie company, just signed a license to produce Playboy costumes for women, for the U.S. and Canada.
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PVH Q4: Loses $57.7M On Revenue Of $2.09B

PVH lost $57.7 million on revenue of $2.09 billion in the quarter ended January 31, 2021, compared to a loss of $67.4 million on reveue of $2.60 billion in the three months ended February 2, 2020.
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Wexner Exits L Brands Board, 2 Women Added

Les Wexner is leaving the board of L Brands, the owner of Victoria’s Secret. The founder of the company had most recently served as chairman emeritus of the firm, after giving up the board chairmanship.
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Interesting Intimates Firms Seeking Buyers

With more vaccinations, and the pandemic beginning to wind down, many business opportunities have become available across the intimate apparel and related markets.
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Delta Galil: Q4 Profit of $23.7M, Loss For Year

Delta Galil reported a profit of $23.74 million on sales of $459.68 million in the fourth quarter. But for the year, the company lost $40.52 million on sales of $1.446 billion.
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Curve Announces An In Person Show August 1-3

Curve has announced it will hold an in person lingerie show in New York, August 1-3, noting that the “location is TBD.”
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Wacoal 9 Month Sales -20.2%, Earnings -54.9%

Sales fell 20.2% and earnings declined 54.9% in the first nine months at Japan-based Wacoal Holdings Corp.
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Playboy Announces Deal To Buy 41 Lovers Stores

Playboy Enterprises, Inc., which has just emerged as a public company, “announced that it has entered into a definitive agreement to acquire TLA Acquisition Corp., the parent company of the Lovers family of stores,” which includes Peekay stores. Purchase price was “approximately $25 million of cash.”
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Hanes Innerwear Sales Jumped 19.7% In Q4

Hanes Innerwear sales overall jumped 19.7% to $668.2 million in the quarter ended January 2, 2021, from $558.3 million in the same quarter last year.
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Naked: $46.9 Million In GameStop-Style Surge

Naked Brand Group took advantage of a recent “GameStop-style surge” in its stock price to sell 29,415,000 of its shares and generate net proceeds of approximately $46.9 million.
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Public Playboy Names Lance Barton CFO

Playboy, which has completed the merger making it again a public company, announced the appointment of Lance Barton as chief financial officer, effective March 1, 2021.
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Trish Donnelly Named CEO Of PVH Americas

Trish Donnelly, the former CEO of Urban Outfitters Group, is joining PVH in the newly created role of CEO of PVH Americas.
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Delta Galil: Q3 Net Income To $19.5 Million

Delta Galil reported a profit of $19.542 million on sales of $382.878 million in the three months ended September 30, compared to a profit of $14.034 million on sales of $446.139 million in the same period last year.
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VS, Pink Holiday Store Comp Sales Fall 23%

Victoria’s Secret and Pink brick and mortar comparable store sales in the U.S., Canada, China and the U.K. fell 23% in November and December.
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Delta Galil To Open 7 VS Shops In Israel

Delta Galil has closed a deal with L Brands to open Victoria’s Secret and Bath & Body Works stores in Israel.
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PVH: Q3 Net Income $69.5M; Sales $2.014B

PVH reported third quarter net income of $69.5 million on sales of $2.014 billion, compared to net income of $208.9 million on sales of $2.434 billion in the same period last year.
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Victoria’s Secret Sales Fall, Direct Sales Up

Total third quarter Victoria’s Secret and Pink sales shrank to $1.353 billion, from $1.578 billion in the same period last year, with store and international sales down and direct sales sharply up.
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November Market Week Virtual, Not In-Person

The Underfashion Club sent out an email stating the November 2020 market “will be conducted in the same manner as the August Market – with virtual appointments being scheduled around the previously established dates of Sunday, November 1st to Friday, November 6th.”
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Q3 Revenue Jumps 41% At Canada’s iFabric

Revenue at iFabric jumped 41% in the three months ended June 30, to $3,214,465 Canadian dollars (C$) (about $ 2.4 million at current conversion rates), up from C$2,284,507 during the same three months last year.
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Late January Halloween Show Is Canceled

The Halloween & Party Expo, which had been scheduled for January 22 through 24, has been canceled.
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Consumer Electronics Show Canceled For ’21

The largest consumer electronics show in the world, CES 2021, has canceled its physical show that had been scheduled to run January 6-9, 2021, in Las Vegas.
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PVH Closing 162 Outlets, Firing 450 Staff

PVH announced it was closing its 162 Heritage Brands outlets and well as firing about 450 people, or 12% of its North American “office workforce.”
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Upcoming Offprice And Curve Shows Canceled

Curve New York for September 2020 has been canceled. The show had originally been scheduled for early August, then postponed to September 21-23 at New York’s Javits Center.
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Market Week: Virtual Or In Person, August 2-7

The Underfashion Club emailed a note stating it anticipates “there will be an August market,” based on “recent input from retailers, manufacturers, and suppliers.”
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Curve Annouces NY Show September 21-23

After exploring the concept and dates with wholesalers and retailers in recent weeks, Eurovet Americas announced it will be holding a postponed Curve show at New York’s Javits Center (Hall 1E) September 21-23, 2020.
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First Day Results: People Want To Shop

Discount Fashion Warehouse, which operate nine outlet stores across Ohio, reported a dramatic return to business on Tuesday, May 12, the first day it was allowed by the state to reopen its stores
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Preparing Your Intimates Business To Re-Open

With some states and stores across the country starting to open for business, lingerie store owners have begun to think about how to operate with the threat of Covid 19 on everyone’s mind — now and for a long time to come.
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May: Updated List Of Companies For Sale

As of the start of May, FMMG Advisors was working with a number of companies and brands for sale (see the list below). Contact Nick Monjo at (917) 602-9430 or Nick@FMMG.com for information.
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Online ‘Module’ Helps Reps Increase Sales

Tim McNamara of McNamara Publishing has created an online sales tool called the “Module,” designed primarily to be used by sales representatives or wholesalers.
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PVH Announces Many Furloughs, Other Steps

PVH announced an extensive list of steps it is taking, including furloughs and salary reductions, to “navigate the COVID-19 pandemic and its effects on its associates and the company’s business and financial position.”
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May Intimates Market Officially Canceled

With stores canceling or pushing back orders, and most seeing no need to travel to showrooms in the midst of the virus crisis, May Market for intimates, at least in a physical sense, has been canceled.
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Corin Begins Production Of Face Masks

Corin, the Polish bra producer, has began the production and sale of protective face masks to help in the fight against the Coronavirus pandemic.
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VS, Pink Now Close Online Stores Til 3.30

Victoria’s Secret and Pink announced Thursday afternoon, March 19, that they are closing their online stores through March 29. This comes after both brands had earlier announced the closing of their brick and mortar stores until March 30.
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