Naked Now A Car Firm, Exits FOH Lingerie

Naked Brand Group has changed its name to Cenntro Electric Group Limited (CAG) after joining with the electric vehicle company just before the new year, and “has divested its FOH Online business,” which offered Frederick’s of Hollywood lingerie.

Claudel, Comfort & Co: Strong Growth in 2021

Claudel Lingerie and its various brands, including Comfort & Co, grew during the challenging 2021 year. BODY publisher Nick Monjo interviewed the company’s Anny-Claude Lapierre about the achievement.

The Rezniks Launch Comfortable Morph Bra

Joanie Reznik and her husband Maurice recently founded The Morphing Company, as well as launching a new website, Morphbra.com, in a mission to provide women with more comfortable intimates and other apparel.

VS Reaffirmed Strong Q4; Repurchased Shares

Victoria’s Secret reported on December 29 that it has accelerated plans to repurchase $250 million shares of its stock, and noted strong sales growth over the holiday season.

Naked Shareholders Approve EV Acquisition

Shareholders at Naked Brand Group Limited “overwhelmingly approved” the acquisition of the Cenntro electric vehicle company in late December, as part of an abrupt shift that is expected to lead to the company’s exit from the lingerie business.

Sales, Income Soar For Wacoal Division

First half sales jumped over 65%, and an operating loss from last year turned to a profit for Wacoal International Corp., the division which includes all of North and South America.

Dreamgirl Introduces Simply Sexy Collection

Dreamgirl has revealed highlights from its 2022 Simply Sexy collection which will be available in early spring.

A Pea In The Pod Re-Opening Physical Stores

A Pea in the Pod, which had been retailing its maternity apparel and accessories online only, has just returned to brick and mortar with the opening of two new stores, one at 1723 North Daman Avenue in Chicago and one in Manhattan at 1042 Lexington Avenue.

Calida To Sell Mountain Sports Gear Division

Calida Group, which includes both the Aubade and Calida intimates divisions, reported at the end of December that it had received a “binding offer for sale of Millet Mountain Group,” a sports equipment firm which it had gradually taken over starting in 2013.

Andie Raises $18.5M; Opens Shop In Florida

Andie, the direct to consumer swim and intimates brand founded in 2017, announced a new $18.5 million funding round, this on top of “more than $9 million in venture financing,” it had previously raised.

Soma Q3 Sales Up Sharply Over ‘20, ‘19

Soma reported a 30.2% comparable sales increase over last year’s third quarter as well as a 43.5% comparable sales increase over the third quarter of fiscal 2019.

Shapeez: Growth In ‘21, More To Come In ‘22

2021 was a year of tremendous growth for Shapeez. Not only did sales expand organically, but the brand added new products that brought a wealth of new consumers and introduced the brand to many new stores and categories of retail buyers.

SoftBank Invests $400M In Vuori Activewear

SoftBank made a $400 million investment in Vuori, a California-based activewear firm that launched in 2015, raising the valuation of the brand to $4 billion.

Aerie Q3: Sales $315M, Operating Income $52M

Aerie net revenue increased 28% and operating income rose 46% in the third quarter.

Dreamgirl’s Festive Holiday Suggestions

“The holidays are here and Dreamgirl is pulling out all of the bells and whistles to cater to a festive season after many have spent the last year in a half in isolation,” declared a company spokesperson.

Victoria’s Secret: Profit $75.2M, Sales $1.44B

Victoria’s Secret, which includes Pink, earned $75.213 million on sales of $1.441 billion in the quarter ended October 30, compared to a profit of $143.383 million on sales of $1.353 billion during the same thirteen weeks last year.

Playboy Q3: Lost $7.7M On Sales of $58.4M

Playboy lost $7.699 million on sales of $58.356 million in the third quarter, compared with a profit of $1.266 million on sales of $35.004 million in the same three months last year, as recent acquisitions boosted sales, while profits remain elusive.

NuBra: New Panties Get Enthusiastic Response

NuBra’s recently launched seamless panty collection has received enthusiastic response from retailers and consumers alike, demonstrated by strong sales and glowing store reviews.

Naked To Exit Lingerie, Join With Car Firm

Naked Brand Group plans to join with a Hong Kong electric car company and exit the lingerie business.

Top Southwest Chain Seeks Lingerie Buyer

A leading chain of stores, based in the Southwest, is seeing an experienced lingerie buyer, with excellent Excel skills. Negotiable salary is offered to work in a dynamic and organized office environment. Not a remote position. Contact Nick Monjo at (917) 602-9430 or at Nick@fmmg.com.

For Sale: Profitable, Online Fitnesswear Shop

A highly profitable fitnesswear retailer, in business for 20 years, is for sale. Contact Nick Monjo at (917) 602-9430 or at Nick@fmmg.com.

Hanes U.S. Innerwear Sales Up 25% In Quarter

Hanes U.S. Innerwear sales jumped 25% in the quarter ended October 2, “driven by momentum in shapewear and innovation in bras and men’s underwear.”

Parade Underwear: New Funding, SoHo Shop

Parade Underwear, which recently landed a new, $20 million investment round, is scheduled to open a retail shop in SoHo this month.

La Perla lost 23.60 million euros (about $27.4 million at current exchange rates) on sales of 34.241 million euros (about $39.7 million) in the first half of 2021, compared to a loss of 41.30 million euros (about $47.9 million) on sales of 27.531 million euros (about $31.9 million) in the same period last year.

MINDD Bras Now Sold On VictoriasSecret.com

MINDD, an online bra company launched in early 2020 and catering to the “D+ customer, announced a new partnership in which its products will be sold exclusively “on www.VictoriasSecret.com within the “Brands We Love” platform” as well as continuing to be sold on the MINDD website.

Maurices: New Lingerie, Sleepwear Collections

Maurices launched a new intimate apparel collection in its over 900 stores in the U.S. and Canada, as well as on maurices.com. The retailer also added a new sleepwear collection to its website.

Ruby Ribbon Launches Sport Demiette Bra

Ruby Ribbon has added a new “adaptive mastectomy Sport Demiette bra” that includes “comfort features for women going through or post treatment, and can be worn by all women.”

Dreamgirl Lingerie’s Holiday Gift Suggestions

“The happiest season of the year is here…Tis the season for gifting!” rejoiced a Dreamgirl representative.

Valens Delivers Higher Profits For Its Retailers

Valens Lingerie is a distributor of luxury intimate apparel with a business strategy designed to increase the profitability of better, independent lingerie retailers in the U.S. BODY publisher Nick Monjo interviewed the company’s Tatyana Ponomareva on her unique approach.

Blackstone Buying Majority Stake In Spanx

Investment bank Blackstone is buying a majority interest in Spanx, with Sara Blakely continuing to own “a significant equity stake,” and remaining to oversea operations along with her “existing senior management team.”

Playboy Buying Dream Social Content Site

PLBY Group is buying Dream, “a social content platform that provides creators with tools to interact directly with their fans,” and which will become the home for “Centerfold,” a new Playboy venture which, apparently, will also provide opportunities for commerce.

Myya: Online Post-Mastectomy Bra Fittings

Myya.com, which describes itself as the “first, DTC insurance billable post-mastectomy brand,” launched in mid-October.

Panty Promise: Organic, Clean, Seamless Cotton

Panty Promise is a collection of seamless, organic cotton panties launched a year ago promising “zero panty lines with a focus on feminine health & hygiene,” according to founder and designer Jessica Krupa.

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.

Second Quarter Sales At Soma Jump 52.5%

Sales at Soma, the lingerie division of Chico’s FAS, jumped 52.5% in the second quarter to $128,627,000, compared to $84,337,000 in the three months ended August 1, 2020.

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.

January Paris Lingerie Show Postponed To June

The big Paris lingerie and textile trade shows, originally scheduled for January 22-24, have been postponed until June 18-22 due to Covid.
>> Read Article

Curve Returning To Javits February 27th

Curve New York is moving back to the Javits Center for its next show, February 27, 28 and March 1st. Curve will also host a show in Los Angeles on March 6 and 7.
>> Read Article

Expanded Evolution Show Heads To NYC

The Evolution Concept Show has expanded its in-person lingerie exhibition scheduled for February 26 through March 1, 2022 at 873 Broadway (between 18th & 19th Street).
>> Read Article

Gildan Acquires Frontier Yarns For $168 Million

Gildan Activewear acquired Frontier Yarns in December for approximately $168 million.
>> Read Article

Delta Galil Will Be $2 Billion Firm In 2022

Delta Galil expects to be a $2 billion company by the end of 2022 according to its own sales projections, a 10% increase over full year 2021 projections.
>> Read Article

For Sale: Profitable NY Mastectomy Shop

A highly profitable mastectomy and lingerie shop in the New York City area is for sale. Owner has been working part time yet also draws a salary of $100,000. There are many easily achievable ways to expand both sales and profits. Contact Nick Monjo at (917) 602-9430 or nick@FMMG.com for more information.
>> Read Article

Interview: Matthew Fink On India Production

Matthew Fink, managing director of Fastech and S&S Industries, suppliers of the many components that go into apparel, especially bras and other intimates, was interviewed by BODY publisher Nick Monjo. The focus was Fink’s growing business in India, and how that relates to his other operations in China. Fink is also the president of U.S. operations at Magic Link Garment and CEO of the SX Investment Group.
>> Read Article

Delta Galil: Sales, Net Rise; New Polo License

Delta Galil earned $32.5 million on sales of $501.1 million in the third quarter, compared to a profit of $19.5 million on sales of $382.9 million in the three months ended September 30, 2020.
>> Read Article

Highly Profitable East Coast Lingerie Shop

For sale: long established and always successful East Coast lingerie shop, now enjoying its most profitable year in nearly a decade. (Listing 29671). Contact Nick Monjo at (917) 602-9430 or at Nick@fmmg.com.
>> Read Article

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.
>> Read Article

Delta Galil Files To List Shares Publicly In U.S.

Delta Galil, which is already a public company on the Tel Aviv stock exchange, has filed to “list its ordinary shares on the Nasdaq Global Select Market in the United States under the ticker symbol DLTG.”
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

iFabric’s Intelligent Fabrics Segment Surging

iFabric lost 135,227CD (Canadian şişli escort 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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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).
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.”
>> Read Article

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.
>> Read Article

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.”
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.
>> Read Article

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.”
>> Read Article

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.
>> Read Article

Late January Halloween Show Is Canceled

The Halloween & Party Expo, which had been scheduled for January 22 through 24, has been canceled.
>> Read Article

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.
>> Read Article

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.”
>> Read Article