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A style by Forplay.
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Boyshorts from Honeydew.
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A look from Wacoal’s autumn/winter 2011 collection.
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An Affinitas Intimates model.
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Dreamgirl 2011 costume
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current issues
Download Printable pdf of issueBandelettes: 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.
» I want to read more and receive info from BandelettesSchmitt 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.
» I want to read more and receive info from Marlies DekkersFebruary Offprice Show In Vegas: Largest Ever
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.
» I want to read more and receive info from Offprice ShowEspiral & 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.
» I want to read more and receive info from EspiralLa 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.”
» I want to read more and receive info from La PerlaWaist Cinchers Selling For Cupid Foundations
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.
» I want to read more and receive info from Cupid FoundationsShapeez Expands Again: Adds New Demee Bra
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.
» I want to read more and receive info from ShapeezharMonica 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.
» I want to read more and receive info from harMonica DesignCurve 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.
» I want to read more and receive info from CurvexpoSwirl 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
» I want to read more and receive info from SwirlItalian 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.
» I want to read more and receive info from The Norman Group’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.”
» I want to read more and receive info from Love StoriesjKNIX: 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.
» I want to read more and receive info from jKNIXLucky & 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.
» I want to read more and receive info from Lucky & MeVictoria’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.
» I want to read more and receive info from Victoria’s SecretMusic 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.
» I want to read more and receive info from Music LegsShapeez Lowers Back Neckline Of Tankee Bra
Shapeez has improved one of its best-selling styles, the Tankee Long. “We
» I want to read more and receive info from ShapeezParfait: New Styles & Colors For F/W 2015
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.
» I want to read more and receive info from ParfaitBody Hush Adds 2 Items To Gold Collection
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.
» I want to read more and receive info from Body HushTexco 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.
» I want to read more and receive info from TexcoAgent Provocateur Sales Rose 36% In Latest Year
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).
» I want to read more and receive info from Agent ProvocateurDoug Miller: Future of 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.”
» I want to read more and receive info from Halloween & Party ExpoBaci Lingerie Reports Successful ANME Show
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.
» I want to read more and receive info from Baci LingerieFajas 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.
» I want to read more and receive info from Fajas Disenos D’PradaU.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.
» I want to read more and receive info from Ana GrantBumbrella: 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.
» I want to read more and receive info from bumbrellaKnock out! Introduces The "Sky Collection"
Knock out! is introducing the “Sky Collection” of three sky blue panty and two sleepwear styles for end of February delivery.
» I want to read more and receive info from Knock out!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.”
» I want to read more and receive info from United LegwearFullbeauty 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.
» I want to read more and receive info from Fullbeauty BrandsChallenge Of Launching In The Luxury Sector
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).
» I want to read more and receive info from Madame AimeShirley 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.
» I want to read more and receive info from Shirley of HollywoodNew 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.
» I want to read more and receive info from FogalJustin 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.”
» I want to read more and receive info from Calvin KleinInterview: 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.
» I want to read more and receive info from Body HushLou: CMK Taking Over U.S. Sales, Distribution
CMK Distinctive Brands has taken over the “import and distribution of Lou,” as well as providing other marketing services for the brand in the U.S. Krista Tonra is no longer working with the brand and “the office at the Fruit [of the Loom] space [in Manhattan] has been closed” according to Russ Kelly of CMK.
» I want to read more and receive info from Lou LingerieHilfiger Signs Rafael Nadal For Underwear
The Tommy Hilfiger Group, a subsidiary of PVH Corp. has signed tennis star Rafael Nadal as its “global brand ambassador for the Tommy Hilfiger underwear and Tommy Hilfiger Tailored collections beginning in Fall 2015,” according to a company statement.
» I want to read more and receive info from Tommy HilfigerCatanzaro: A Valentine’s Box For Him and Her
Patrice Catanzaro has created a special promotion for Valentine’s Day and reports strong sales for its latest collection.
» I want to read more and receive info from Patrice CatanzaroAshish Sensarma Starts As Wolford CEO In Jan.
Wolford AG has appointed Ashish Sensarma CEO to start January 7th, 2015.
» I want to read more and receive info from Wolford‘Altered Chronology’ For Retail At Triumph
Some recent changes at the U.S. division of Triumph International, including a modification of its retail strategy, were confirmed in an email message from John Gorman, a company manager for North America.
» I want to read more and receive info from TriumphBlackspade Expanding Rapidly Across the U.S.
Blackspade, a brand from a leading Turkish maker of underwear and other apparel, launched in the U.S. in February 2014 and has already sold into a wide variety of stores. Expectations are high for further expansion in 2015.
» I want to read more and receive info from BlackspadeGolyta Releases Hauty Collection For 2015
Golyta, parent company to a number of intimates brands, has released the 2015 Hauty collection. The sexy, strappy brand was originally launched in 2014.
» I want to read more and receive info from HautySteven Bernstein Is VP, GM At QT Intimates
Q-T Intimates has hired Steven Bernstein as VP general manager. He starts on January 5th, 2015. Previously he had served as general manager of U.S. operations for Anita.
» I want to read more and receive info from QT IntimatesTriumph Recalls 22,000 Bras Sold In Japan
Triumph International is recalling about 22,000 bras because of under wires that “penetrate the tape” that covers them. The company claims that the bras, which were priced in the $48 to $53 range, were only sold in Japan.
» I want to read more and receive info from TriumphGym Membership Up? So Are Knock Out! Sales
In 2014, over 58.8 million people utilize gyms each year and the industry is growing according to the Bureau of Labor Statistics. How does this affect underwear?
» I want to read more and receive info from Knock outAffinitas 2015: ’Dark Romance,’ DDDD Sizes
Affinitas, a lingerie firm offering a broad array of styles, previewed some of the new products, colors and size extensions it will be rolling out to customers for Autumn/Winter 2015.
» I want to read more and receive info from Affinitas’Premium’ Corsets Make 2014 Daisy’s Best Year
“We paid a lot of attention to our retailers that clearly wanted a higher quality product,” said Daisy Corsets owner Mark Reynolds, in explaining the key reason 2014 turned out to be his company’s “strongest year yet.”
» I want to read more and receive info from Daisy CorsetsSo Why Does Ann Deal Love The Red Carpet?
Every time a female celebrity steps on to the red carpet wearing a dress that reveals almost too much, there is one woman who celebrates, no matter what the event or who designed the garment. That woman is Ann Deal, the owner of Fashion Forms.
» I want to read more and receive info from Fashion FormsErica M. Spring/Summer 2015 Hosiery & Cat Suit
Erica Young, the hosiery designer behind the Erica M. hosiery brand, recently introduced a Spring/Summer 2015 group that further expands her collection. The new styles are included in a new look book.
» I want to read more and receive info from Erica M.Janira Shapewear Plans On Expanding In U.S.
Janira, the Barcelona-made shapewear brand that, in recent years, has been expanding in the world market, is now taking aggressive steps to build its market share in the U.S.
» I want to read more and receive info from JaniraNov. VS Store Sales Up 6%, Direct Down 5%
Sales at comparable Victoria’s Secret stores in the U.S. and Canada rose 6% in November over the same month last year, while Victoria’s Secret direct sales dropped 5%. Meanwhile, comparable store sales for the entirety of parent company L Brands, Inc., which also operates Bath & Body Works, La Senza and Henri Bendel stores, rose 8% for the four weeks ended November 29, 2014.
» I want to read more and receive info from Victoria’s SecretQ-T and Crème Bralée: 10% Off For Valentine’s
The holiday of romantic love and sweet sensations, Valentine’s Day is known for giving thoughtful cards, lavish flowers, and dreamy presents for that special someone. Celebrate love with a gorgeous set of intimates from Q-T Intimates and Crème Bralée Intimates. For the month of February, Q-T Intimates and Crème Bralée Lingerie are offering a special promotion to retailers: 10% off any 10 pieces of our red, pink, or sexy styles.
» I want to read more and receive info from QT IntimatesTo read more news, please choose the category from the news category section.
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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.
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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.”
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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.
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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.”
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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.
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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.”
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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.
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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.
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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%.
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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.
>> 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.”
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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.
>> 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.
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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).
>> 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.
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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.
>> 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).
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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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