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BREAKING NEWS: harMonica At Curve With Panties & Bralettes     Shapeez Adding Videos, New Features To Site     Catanzaro: A Valentine’s Box For Him and Her     NightLift: Revolutionary New Sleep Bra Styles     Swirl Offering Updated Version Of Models Coat     Body Hush Adds 2 Items To Gold Collection     Lucky & Me Intros ’Lily’ Organic Girls Underwear     Sean Monahan Leaving Raveware & Party King     Shapeez Adding Videos, New Features To Site     Q-T and Crème Bralée: 10% Off For Valentine’s     Steven Bernstein Is VP, GM At QT Intimates     Baci Lingerie Reports Successful ANME Show     PVH Says Calvin Klein Driving Sales Growth     Espiral & AM:PM: Off To Strong Early Start     United Legwear In Joint Venture For Puma Kids     Exquisite Form Prospers, Soon Adding Shapewear     Shapeez Adding Videos, New Features To Site     Bumbrella: Panty+Slip Combo In March Launch     Challenge Of Launching In The Luxury Sector     Gilly Hicks Brand About To Disappear Forever?     harMonica At Curve With Panties & Bralettes     Exquisite Form Prospers, Soon Adding Shapewear     Catanzaro: A Valentine’s Box For Him and Her     Q-T and Crème Bralée: 10% Off For Valentine’s     Body Hush Adds 2 Items To Gold Collection     Steven Bernstein Is VP, GM At QT Intimates     Shapeez Lowers Back Neckline Of Tankee Bra     Italian Seamless Maker Seeks U.S. Expansion     Curve Moves To Vegas Convention Ctr. In Aug.     Affinitas 2015: ’Dark Romance,’ DDDD Sizes     SEC Filings Reveal Details Of Peekay Stores     La Perla’s Houston Shop To Be Its First In Texas     Challenge Of Launching In The Luxury Sector     Janira Shapewear Plans On Expanding In U.S.     Lucky & Me Intros ’Lily’ Organic Girls Underwear     Polidan Purchases UFM Men’s Underwear Line     Patrice Catanzaro Brings Latest Collections to ILS     Baci Lingerie Reports Successful ANME Show     Aerie Closing 20 Stores, Despite Strong Results     Triumph Recalls 22,000 Bras Sold In Japan     Fajas Diseños D’Prada: Compression Specialist     Victoria’s Secret Stores Up 7% In February     Janira Shapewear Plans On Expanding In U.S.     Komar Moving 500 To Jersey City In Q3 2015     PVH Says Calvin Klein Driving Sales Growth     Erica M. Spring/Summer 2015 Hosiery & Cat Suit     Knock out! Introduces The "Sky Collection"     Patrice Catanzaro Brings Latest Collections to ILS     Body Hush Adds 2 Items To Gold Collection     Victoria’s Secret Swim Special On CBS Feb. 26     Patrice Catanzaro Set To Launch ‘Tome 12’     SEC Filings Reveal Details Of Peekay Stores     Shirley of Hollywood: New Distributor For UK     So Why Does Ann Deal Love The Red Carpet?     SEC Filings Reveal Details Of Peekay Stores     Justin Bieber Promoting Calvin Klein Underwear     Gym Membership Up? So Are Knock Out! Sales     harMonica At Curve With Panties & Bralettes     February Offprice Show In Vegas: Largest Ever     Victoria’s Secret Swim Special On CBS Feb. 26     Exquisite Form Prospers, Soon Adding Shapewear     jKNIX: Fast Launch For Former Boutique Owner     Knock out! Introduces The "Sky Collection"     Exquisite Form Prospers, Soon Adding Shapewear     Blackspade Expanding Rapidly Across the U.S.     Texco Hook & Eye Tape Expands In The U.S.     New CEO & New Stores For Hosiery Firm Fogal     Curve Moves To Vegas Convention Ctr. In Aug.     Gilly Hicks Brand About To Disappear Forever?     Texco Hook & Eye Tape Expands In The U.S.     Urban, HIA Take Over Halloween & Party Expo      Bumbrella: Panty+Slip Combo In March Launch     Janira Shapewear Plans On Expanding In U.S.     Steven Bernstein Is VP, GM At QT Intimates     Victoria’s Secret Stores Up 7% In February    

Aerie Closing 20 Stores, Despite Strong Results

Different versions of the popular ‘Sunnie’ bra from Aerie.

Different versions of the popular ‘Sunnie’ bra from Aerie.

Even though Aerie, the intimates division of American Eagle Outfitters (AEO), has been outperforming recently, its parent plans to close an additional 20 lingerie shops in 2015, continuing a process that, by the end of the year, will have cut the total number by about half since the end of 2011. At the end of that year there were 158 Aerie stores; by the end of 2015 there will be about 81.

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PVH Says Calvin Klein Driving Sales Growth

New men’s styles Air FX and Intense Power at CalvinKlein.com.

PVH Corp. reported a dramatic rise in earnings for the year and fourth quarter ended February 1, 2015. And, in a conference call to discuss the results, CEO Manny Chirico spent much time discussing the contribution, over the past year and going forward, of the Calvin Klein brand and underwear.

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Gilly Hicks Brand About To Disappear Forever?

While not surprising, it seems that the Gilly Hicks lingerie brand is now officially dead. Joanne Crevoiserat, EVP and CFO at parent company Abercrombie & Fitch Co., speaking recently on the conference call to discuss Q4 2014 results, said, “we decided during the quarter that we would wind down that business in 2015.”

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Wood Adding Pockets, Drawstrings To Lounge

Wood Underwear has again expanded its product line, now adding “super comfy lounge/sleepwear” with pockets and drawstrings.

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Aerie for Yellowberry: New Tween Collection

Aerie launched, at the end of March, Aerie for Yellowberry, a nine piece “collaborative bra collection for girls 11 to 15” announced the company, which is the intimates division of American Eagle Outfitters.

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Vast Color Choices Set Coobie Intimates Apart

Bras in lollipop red, margarita green, periwinkle, sea foam, Bahama blue, pomegranate, endive, mocha and peony....and dozens more shades. “We offer a crazy amount of color choices,” admitted Adam Slater, owner of Total Stockroom, explaining one of the key selling points of his Coobie intimates line. All these hues allow retailers “to satisfy their customers’ needs.”

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Envy Menswear & Baci Lingerie Coming To ILS

Items from the Baci Lingerie and Envy Menswear collections.

Baci Lingerie and Envy Menswear will both be in booth 203 at the upcoming International Lingerie Show in Las Vegas at the end of the month, and both collections will feature many new styles.

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Frederick’s: More Store Closings, Departures

The recent announcement that Frederick’s of Hollywood is in the process of reducing the number of retail locations to around 60 is but one of several important changes that have occurred since the once publicly trade firm was taken private last May. A count of the stores listed on the company website indicate about 82 store are now in operation, down from 94 last May and 135 as of February, 2008.

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Peekay Boutiques Opens 48th Location In CA

Peekay Boutiques, Inc., the adult products store that became a publicly trade company in February, opened its 48th retail location (and its 17th in California) in Valencia. The chain, which operates stores under various names including Lovers, ConRev, Christal’s and A Touch of Romance, used the latter name for this location.

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Exquisite Form Prospers, Soon Adding Shapewear

Exquisite Form, a venerable Vanity Fair brand that has been around since the 1940’s, strengthened and consolidated its position with U.S. retailers over the past year, and will soon be offering additional styles and a new shapewear segment.

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Polidan Purchases UFM Men’s Underwear Line

The UFM brief, an inside view of the brief and the boxer brief.

Underwear For Men (UFM), a recent start-up offering two styles of men’s supportive underwear, has a new owner, John Polidan.

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Shapeez Adding Videos, New Features To Site

Still shots from Shapeez videos on its website.

Shapeez is in now completing a series of information videos designed to show, on attractive models, how their bras and shaping garments look from all angles and in a variety of poses and activities. This comes as the company is in the midst of upgrading its already highly detailed website.

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Sean Monahan Leaving Raveware & Party King

Sean Monahan, founder and CEO of LRS Apparel, Ltd., has announced his “resignation from the day to day operations of the company effective 3/20/15.” The company includes both Raveware Lingerie and Party King Halloween apparel.

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SEC Filings Reveal Details Of Peekay Stores

Peekay Boutiques, Inc., the adult chain that became a public company this February, expects to expand from its current fleet of 47 stores “at a rate of 8-15 stores per year, resulting in 114 stores by the end of 2019.” That information, including the fact that its sales rose to $39.449 million in fiscal 2013 (and $29.367 million for the first nine months of 2014) and much more can be gleaned from an examination of various documents recently filed with the SEC.

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NightLift: Revolutionary New Sleep Bra Styles

One exhibitor that provoked a good deal of interest and conversation at the recent Curvexpo in New York was NightLift, showing a bra, babydoll and bra-camisole, all specifically designed by a plastic surgeon to provide maximum support for the breasts during sleep.

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Victoria’s Secret Stores Up 7% In February

February comparable sales at Victoria’s Secret and Pink stores in the U.S. and Canada rose 7% in February, while Victoria’s Secret direct sales dropped 6%. Parent company L Brands, which also owns Bath & Body Works, La Senza and Henri Bendel, reported a 7% sales increase for the four week period ended Feb. 28, 2015, registering at total of $806.1 million, compared to $750.0 million for the four-week period ended March 1, 2014.

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Patrice Catanzaro Brings Latest Collections to ILS

Patrice Catanzaro, the French fetish designer, will return again to the International Lingerie Show at the end of the month (March 30 through April 1) with a range of styles, including his latest collection for women: Tome 12.

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Schmitt Now U.S. Agent For Marlies Dekkers

Lingerie brand marlies|dekkers has extended its distribution agreement with DW Schmitt Global Ltd. to include U.S. specialty stores. The arrangement had previously covered Canada.

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February Offprice Show In Vegas: Largest Ever

Joe Torgueman and Joe Cohen at the National Mills booth in February.

The Offprice Show reported it fielded the largest exhibition space in its 20 year history at the recent event in Las Vegas, with a 132,000 net-square-foot show floor. In addition it reported an attendance of “8,460 retailers,” a 5.5% increase over the show last year.

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Espiral & AM:PM: Off To Strong Early Start

Espiral and its sister brand, AM:PM, mailed the catalogs for the two collections earlier than ever this year (BODY received the catalogs in early February) and “the reaction was overwhelming,” according to Angela Escobar, who co-owns the brands with her husband Pablo Tobon.

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La Perla’s Houston Shop To Be Its First In Texas

La Perla is planning to open its first store in Texas this spring at The Galleria in Houston. According to the mall, the shop “will be located on street level near Neiman Marcus.”

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Waist Cinchers Selling For Cupid Foundations

Miraclesuit waist cincher style 2786 worn with bra and panty (sold separately).

Waist cinchers are getting a lot more attention these days and the trend is impacting Cupid Foundations in a positive way according to Eric Crawford, national sales manager.

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Shapeez Expands Again: Adds New Demee Bra

Suzanne Barrilari with Staci Berner, right, founder of Shapeez at WWIN

Shapeez continues to expand its extensive collection of bras and shaping garments. The latest introduction is The Demee, which comes in both a short and long version.

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harMonica At Curve With Panties & Bralettes

Monica Ditzler started “making panties and selling to friends” in 2007 as a sideline to her full time design jobs in girl’s apparel and denim. For the past few years she has also been selling on Etsy.com, and now will be exhibiting her Spring/Summer 2015 collection of intimate apparel, harMonica Design, at the upcoming Curvexpo in New York.

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Curve Moves To Vegas Convention Ctr. In Aug.

Curvexpo is moving to the Las Vegas Convention Center in a joint venture between that organization and UBM Advanstar. The Vegas Curvexpo has been held until now at the Venetian Hotel. The first show under the new arrangement will be August 17th, 18th, and 19th, 2015.

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Swirl Offering Updated Version Of Models Coat

Swirl, a firm that goes back over 110 years, recently added an updated ‘Models Coat,’ versions of which it has made for decades. And it will be showing this tunic at the upcoming Curvexpo show in New York

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Bandelettes: New Anti-Chafing Thigh Bands

Bandelettes are patent-pending, anti-chafing thigh bands introduced by a Staten Island-based company over two years ago. Now that the firm has established a growing direct-to-consumer business, and has lined up two big internet retailers, it will exhibit at its first trade show, the upcoming Curvexpo in New York.

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Italian Seamless Maker Seeks U.S. Expansion

The Norman Group, a large Italy-based seamless producer, will attend Curvexpo in New York, its first time for the show, looking to expand sales in the U.S. for two of its many brands, ControlBody and Intimidea.

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’Love Stories’: New Dutch Intimates Label

Love Stories is a new Dutch intimates and apparel line that is bringing to the upcoming Curvexpo show in New York, its F/W 2015 collection, as well as “our newest collection Cirque de la Nuit.”

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jKNIX: Fast Launch For Former Boutique Owner

With the help of almost a decade of experience as a women’s boutique owner, Jill Carrade seems to have gotten her intimates and activewear line, jKNIX, a “small start up,” in her words, off and running faster than many new brands.

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Lucky & Me Intros ’Lily’ Organic Girls Underwear

Lucky & Me, a new kids underwear and sleepwear brand has introduced the “Lily Collection” of organic cotton underwear for girls.

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Victoria’s Secret Swim Special On CBS Feb. 26

The Victoria’s Secret Swim Special airs February 26, 2015, for the first time on CBS. The program focuses on the shooting in Puerto Rico of the company’s swimwear campaign and includes performances by artists Maroon 5 and Juanes.

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Music Legs: Halloween Best-Seller Predictions

Joseph Tok, owner of Music Legs, the lingerie, hosiery and costume company, revealed to BODY some of the new styles he has added for Halloween and shared his prediction about what costumes he expects to be best sellers this year.

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Shapeez Lowers Back Neckline Of Tankee Bra

Shapeez has improved one of its best-selling styles, the Tankee Long. “We

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Parfait: New Styles & Colors For F/W 2015

The ‘Marrianne’ and ‘Ellie’ styles from Parfait’s Autumn/Winter 2015 collection.

Parfait, the full bust lingerie brand, has added new colors and styles to its Autumn/Winter 2015 collection. “Earthy, metal-inspired hues are seen throughout three new ranges as well as six new recolors, ranging from pewter and black/silver to Java and charcoal,” according to a spokesperson.

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Body Hush Adds 2 Items To Gold Collection

The “Must Have It Panty,” “Wonder Panty” and “Super-Power Slimmer” from Body Hush.

The Body Hush shapewear line has just added “two new styles this season: “The Must Have It Panty” and the “Underwired Shape-Suit,” according to Jimena Rosas, president and founder of the brand.

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Texco Hook & Eye Tape Expands In The U.S.

Texco Hook & Eye Tape Ltd. has been expanding its business with American intimates wholesalers and as a result recently opened a branch office in this country.

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Agent Provocateur Sales Rose 36% In Latest Year

Images from Agent Provocateur’s new Naomi Campbell ad campaign.

Agent Provocateur sales rose 36% for its fiscal year ended March 29, 2014, from “£39m to £53.1m” (or from about $59 million to about $80 million at current conversion rates) according to a company release. “For the second year in succession, EBITDA increased by over 50% year on year, growing from £6.2m to £9.6m” (about $9.4 million to about $14.5 million).

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Doug Miller: Future of Halloween & Party Expo

Doug Miller of Urban Expositions, with images from the 2014 Halloween & Party Expo.

Last November the Halloween Industry Association (HIA) and Urban Expositions announced they were acquiring the Halloween & Party Expo and would take over the event immediately following the 2015 edition. According to the partners, “Urban Expositions will be responsible for managing all aspects of the event including sales, operations, marketing and promotion with guidance and expertise provided by the Halloween Industry Association.”

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Baci Lingerie Reports Successful ANME Show

Styles from the After Dark by Baci, Dreams and Envy Menswear collections.

Baci Lingerie and Envy Menswear reported a successful showing at the Adult Novelty Manufacturers Expo (ANME) Founders Show in Burbank, CA in January. “New collections and POS materials were met with excitement for an energized start to the new quarter,” according to a spokesperson.

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Fajas Diseños D’Prada: Compression Specialist

Fajas Diseños D’Prada is filling demands in the solutions market for “post-surgical care, postpartum wear, and daily-wear compression garments for men and women utilizing the utmost innovative technology, design, and quality,” according to a company spokesperson.

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U.S. Launch Successful, Ana Grant Adds Sizes

Ana Grant, the moderately-priced Canadian brand that launched in the U.S. last year, has just expanded its size range of its Daisy T-shirt bra to include DD, DDD and G. It has also expanded sizing on its strapless, Symphony bra to DDD.

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Bumbrella: Panty+Slip Combo In March Launch

A new product combining the “comfort of a well-fitting panty with the convenience of an attached mini slip” called “bumbrella” (the designer does not capitalize the name) arrives in the market in March. It is the 2012 patent-pending invention of Tara Gallagher, founder of CiCi Soleil Ltd.

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Knock out! Introduces The "Sky Collection"

Styles from Knock out! including one from the new, blue “Sky Collection.”

Knock out! is introducing the “Sky Collection” of three sky blue panty and two sleepwear styles for end of February delivery.

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United Legwear In Joint Venture For Puma Kids

Puma and United Legwear & Apparel Co. LLC (ULAC), have entered into a “joint venture in North America for the production, sales, marketing, and distribution of Puma children’s apparel from infant through boys’ size 20 and girls’ size 16.”

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Fullbeauty Brands: New Name For OSP Group

OSP Group, which focuses on plus size apparel, including lingerie and underwear, has changed its name to Fullbeauty Brands.

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Challenge Of Launching In The Luxury Sector

Lingerie from Madame Aime, the French brand launched last summer.

Madame Aime, the luxury intimates brand introduced last summer, stands out as something of a test case as to the viability for bras retailing for $280 to $320 as well as the sustainability of the practice of actually making lingerie in France (as opposed to “designing” it there and producing it elsewhere).

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Shirley of Hollywood: New Distributor For UK

Shirley of Hollywood has a new, exclusive distribution agreement with Alterego for the UK and Ireland. Previously Shirley was distributed exclusively by Veritus UK Limited in the UK.

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New CEO & New Stores For Hosiery Firm Fogal

The replacement of its CEO by a long time company executive were among several changes at Fogal, the Swiss hosiery firm, that were confirmed in an email message to BODY.

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Justin Bieber Promoting Calvin Klein Underwear

Calvin Klein, Inc. has hired Justin Bieber, along with Dutch model Lara Stone, for its spring 2015 underwear and jeans “global multi-media advertising campaign.”

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Interview: Fersten On Future For Body Hush

In mid 2014 Fersten Worldwide, a leading supplier of decorated women’s and men’s apparel, outerwear and headwear for the promotional market, purchased the Body Hush brand of shapewear. Body associate publisher Ted Vayos interviewed founder Mitchell Fersten about this takeover as well as future plans for the brand.

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Sales At Soma Intimates Up 13.7% In Q4 2014

Sales at Soma Intimates were up 13.7% for the fourth quarter of 2014 and 8% for the 52 weeks ended January 31, 2015, rising to a record total of $311.2 million for the year.
>> Read Article

Peekay, With 47 Stores, Now Public Company

Peekay Boutiques, Inc., a prominent retailer of intimate apparel and sexual wellness products, became “a public reporting company with its securities quoted on the OTC Bulletin Board,” in mid February.
>> Read Article

Sycamore Drops Plan To Acquire Soma’s Parent

Sycamore Partners has abandoned its attempt to buy Chico’s FAS, parent to Soma Intimates, according to the Wall Street Journal.
>> Read Article

HanesBrands Agrees To Acquire Knight Apparel

HanesBrands has “entered into a definitive purchase agreement to acquire Knights Apparel, a leading seller of licensed collegiate logo apparel in the mass retail channel.”
>> Read Article

Sycamore Poised To Be Intimates Powerhouse

Sycamore Partners, the private equity firm, could soon become an even more prominent force in intimate apparel. Earlier this month the Wall Street Journal, New York Times and other sources reported that Chico’s FAS, the women’s clothing retailer and owner of Soma Intimates, might be close to a sale to Sycamore.
>> Read Article

Victoria’s Secret Sales Up In January & 2014

Comparable sales at Victoria’s Secret stores (including PINK) in the U.S. and Canada rose 4% in January, while Victoria’s Secret direct sales dropped the same amount. Meanwhile, parent company L Brands reported an overall increase in sales for the quarter and year, as well as a several other pieces of encouraging news.
>> Read Article

Intimacy ’14 Sales Drop, Rest Of Van de Velde Up

The Intimacy chain of lingerie shops in the U.S. continue to be a drag on the otherwise positive results for Belgian parent company Van de Velde. In reporting its company-wide 2014 results it acknowledged “A fall in retail turnover at Intimacy by 16.7% (12.0% on a like-for-like basis) in local currency.”
>> Read Article

Victoria’s Secret Sales Rose 3% In December

December sales at Victoria’s Secret stores in the U.S. and Canada rose 3% in December 2014 when compared to the same month in 2013. Meanwhile, Victoria’s Secret direct sales dropped 1%.
>> Read Article

Charney Out, Buy Offer At American Apparel

American Apparel received a takeover offer in mid-December from an investor, shortly after the company terminated Dov Charney, its former CEO. Paula Schneider, an executive with experience as president or senior officer at Warnaco, Gores Group, BCBG Max Azria, and Laundry by Shelli Segal, has been named as the new CEO as of January 5th, 2015.
>> Read Article

Hanes Q3 Sales Up 17%, But Income Drops 5%

HanesBrands reported 5% lower income of $118.9 million on 17% higher sales of $1.40 billion for its third quarter ended September 30, compared to income of $125.3 million on sales of $1.20 billion for the same period last year.
>> Read Article

Delta’s $1B Trajectory: Q3 Sales, Income Rise

Still on target to surpass $1 billion in sales, for the first time in a fiscal year, Delta Galil reported rising income of $13.8 million on higher sales of $267.2 million for the quarter ended September 30. This compares to income of $12.7 million on sales of $257.2 million for the same period last year.
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’Poor Performance’ By B.Tempt’d & Eveden

Wacoal’s worldwide sales fell 2.4% for the six months ended September 30, but net income rose 1.5%. The Japan-based firm, which does 83% of its business in Asia, noted that in the U.S., “sales at department stores, which are our major clients, remained unchanged” from the same period last year, but admitted “Sales from our b.tempt’d brand, featuring simple design, showed poor performance,” as did its Eveden products.
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Intimacy Down But Van de Velde Up In First Half

Parent company Van de Velde reported an overall rise of 9.4% in sales in the first half of 2014. But at its U.S. retail division, Intimacy, there was a “fall in retail turnover ... by 22.7% (14.1% on a like-for-like basis) in local currency. Due to the weakening of the US dollar against the euro, the fall in euro was greater.”
>> Read Article

Victoria’s Secret Direct Sales Up 8% In August

Victoria’s Secret direct sales rose 8% in August, while Victoria’s Secret comparable stores sales in the U.S. and Canada rose 5%. Year to date, however, direct sales are up only 1%, while comparable store sales are up 3%.
>> Read Article

Victoria’s Secret Comp Stores Up 5% In July

Victoria’s Secret July comparable store sales rose 5% and Victoria’s Secret direct sales rose 1%. Meanwhile parent company L Brands, Inc. reported “net sales of $735.3 million for the four weeks ended August 2, 2014, an increase of 8 percent, compared to net sales of $678.4 million for the four weeks ended August 3, 2013.”
>> Read Article

Income Up, Sales Down At Yarn Maker Unifi

Yarn maker Unifi, Inc. reported a higher net income for the 52 week year ended June 29, 2014, of $28.8 million on lower sales of $687.9 million. In the 53-week fiscal year that ended June 30, 2013 the company reported net income of $16.6 million on higher sales of $714.0 million.
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Delta Galil: Sales, Income Up In 2nd Qtr.

Delta Galil’s second quarter sales and earnings were both up over the same quarter last year, continuing to propel the firm towards its first fiscal year with sales over $1 billion. In fact, the company has “already reached that milestone during the four quarters ended June 30, 2014,” noted CEO Isaac Dabah in comments accompanying the financial release.
>> Read Article

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.
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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.”
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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.
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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.
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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.
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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.”
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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.
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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.
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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.
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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.
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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.
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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).
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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.”
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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.
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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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.”
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