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Interview: Find Success Without Major Brands?
Corin, Leilieve by Manicardi and Sermija.
With many of the largest intimates brands now selling direct to consumers, and with many retail stores rebelling at the idea of becoming mere showrooms for — but not actual sellers of — those brands, a new question has emerged: “Can a lingerie store succeed without a major brand?” Exploring this question, BODY associate publisher Ted Vayos interviewed Tatyana Ponomareva, owner of one specialty shop, Bra Spectrum.
» I want to read more and receive info from Valens LingerieImpudique and Patrice Catanzaro At MAGIC
Two French brands, Patrice Catanzaro, the well-know fetish label, and Impudique by Charlotte Catanzaro, the new elaborate and sexy line, will both be showing a selection of styles for the first time at MAGIC.
» I want to read more and receive info from Patrice CatanzaroMapalé’s Holiday Styles Are Among Top-Sellers
Mapalé’s Holiday styles rank “among our top-selling pieces,” of all, so again this year the company is putting an emphasis on the season, and offering a wide collection of related intimates.
» I want to read more and receive info from MapaléInterview: Hot Flowers Lingerie From Brazil
Hot Flowers is a long-established Brazilian producer of intimate apparel and related products, that is expanding its sales in the U.S. BODY associate publisher Ted Vayos interviewed the company’s Alex Enumo (alex@hotflowersusa.com, 954 762 7933).
» I want to read more and receive info from Hot FlowersLa Perla Sales Fell 32.2% In First Half 2019
La Perla Fashion Holding N.V. sales fell 32.2%, while losses increased slightly during the first six months of 2019, as the recently consolidated company has taken a range of steps to reorganize, focus and strengthen its operations.
» I want to read more and receive info from La PerlaNILS: March 16 to 18, $64 Room Rate, Buses
The New International Lingerie Show (NILS) has announced that its Spring 2020 show will run March 16 through 18, 2020 at the Tuscany Suites & Casino in Las Vegas.
» I want to read more and receive info from New International Lingerie ShowThe Kit: Fashion Stylists Launch Intimates Line
Two long time fashion stylists have launched The Kit, a line of intimates and solutions products, selling at thekitundergarments.com.
» I want to read more and receive info from The KitBrenda Berger Named Hanky Panky Co-CEO
Hanky Panky named Brenda Berger co-CEO in early October. The other co-CEO is the company’s founder, Lida Orzeck, who previously served as the sole CEO.
» I want to read more and receive info from Hanky PankyDreamgirl: Paris Inspired Fall Holiday Collection
Dreamgirl’s Fall Holiday collection was inspired by “the magical city of lights,” according to a spokesperson, with selected pieces “shot throughout the streets of Paris”
» I want to read more and receive info from DreamgirlSuit: ThirdLove Asked For Chantelle Bra Copy
V Shape Moulders Ltd., a Kowloon-based maker of bra cups, has sued ThirdLove, Inc. for breach of contract, claiming that the bra company asked it to copy the foam cups in a Chantelle bra, and then took those “confidential” designs and prototypes to another cup maker to “copy and produce.”
» I want to read more and receive info from ThirdLoveAnother VS Collab, This Time With Bluebella
Victoria’s Secret has launched another collaboration with an independent lingerie designer, this time with Bluebella, the sexy and dramatic UK brand.
» I want to read more and receive info from BluebellaInterfiliere NY, October 16-17 At Javits Center
Interfiliere NY opens October 16th and runs for two days in the River Pavilion at Manhattan’s Javits Center. “70 Exhibiting mills” will host a promised “600+ attendees” made up exclusively of “intimate apparel, swimwear and athleisure buyers,” according producer Eurovet Americas.
» I want to read more and receive info from EurovetAltitude Intimates March Show Exhibitor List
Managers of the Altitude Intimates Spring 2020 show announced, in late September, that all its “pipe and drape” booths were “sold out,” with other locations at the show still available.
» I want to read more and receive info from Altitude IntimatesGlamorise, Amazon In ‘MxG’ Bra Collaboration
Glamorise and Amazon have launched a joint collection of bras under the MxG label, described as “a Mae and Glamorise Collaboration.” Mae is the Amazon house brand that offers a wide variety of underwear and apparel on the company’s website.
» I want to read more and receive info from GlamoriseBob Fitzgerald Heralds Great 2019 Halloween
In early October, BODY publisher Nick Monjo interviewed Rob Fitzgerald, who produces lingerie and Halloween costumes, under the Starline and Party King labels. He talked about the latest news at his business, as well as overall trends.
» I want to read more and receive info from StarlineExquisite Form’s New Coloratura Sleepwear
Exquisite Form’s Coloratura sleepwear collection has been growing. “Ocean Haze and Sangria are this season’s rich fashion offering, complementing a palette of everyday basics,” explained Laura Corcoran, BL Intimates corporate account manager.
» I want to read more and receive info from BL IntimatesWalking Jack: Men’s Underwear From Greece
Walking Jack is a new men’s underwear brand. BODY associate publisher interviewed the company’s Thanos Giagtzis. Contact for the brand is info@walkingjack.com, +302310403493’
» I want to read more and receive info from Walking JackIpomia: Specializing In Post-Op Recovery Bras
A key to the best physical and emotional recovery from breast augmentation surgery is wearing the right bra to wear after the procedure. Ipomia, the lingerie company from Sweden, was founded to provide just such products.
» I want to read more and receive info from IpomiaInterview: Plus Size Producer Ann Nahari
A domestic producer of plus size intimates, Ann Nahari has been winning many new specialty store customers in recent years. BODY associate publisher Ted Vayos interviewed the company’s Sumiyyah Rasheed.
» I want to read more and receive info from Ann NahariFor Love & Lemons Creates VS Collection
For Love & Lemons, the luxury apparel brand, has created a special lingerie collection of a few dozen pieces that has just launched at Victoria’s Secret.
» I want to read more and receive info from For Love & LemonsThreeGun Shows During New York Fashion Week
ThreeGun, a Chinese underwear brand that claims to have “ranked first for market share in China for 23 consecutive years,” showed its Spring/Summer 2020 collection during the recent New York Fashion Week.
» I want to read more and receive info from ThreeGunTurmoil, Departures Reported At ThirdLove
The Wall Street Journal picked up on a recent, original article on Vox, which reported instances of “bullying by the male co-CEO that are at odds with ThirdLove’s progressive, for-women-by-women positioning,” as well as key staff departures.
» I want to read more and receive info from ThirdLoveSavage X Fenty: Fashion Show, New Capital
In late August, Savage X Fenty, Rihanna’s lingerie brand, received around $50 million in new investment capital according to the The Wall Street Journal. And, early this month she presented a monster fashion / music event that defined how to achieve social acceptance even with a glossy, sexy lingerie show.
» I want to read more and receive info from Savage X FentyAxami Launches New Clubwear Collection
Axami has launched a new clubwear line for the U.S. market. “It’s a collection for brave women who want to feel free with themselves. Perfect for parties and crazy nights,” according to a spokesperson.
» I want to read more and receive info from AXamiMapalé Adds Many Plus Styles To Collection
For years Mapalé has offered highly successful collections of “lingerie, clubwear, fantasy wear, resort and swim,” as co-owner Angela Tobon has described it, but not very many plus styles. That has now changed.
» I want to read more and receive info from MapaleAerie Q2 Comps +16%; New Stores Opened
Aerie comparable store sales rose 16% in the second quarter following a 27% increase in the same quarter last year. This marked the 19th consecutive quarter of double-digit growth for the brand.
» I want to read more and receive info from AerieSoma Reports 10.9% Q2 Comp Sales Growth
Soma reported “10.9% comparable sales growth in the second quarter, the brand’s best comparable sales performance in four years,” enthused Bonnie Brooks, CEO of parent company Chico’s FAS.
» I want to read more and receive info from SomaWood Underwear Intros Knit Boxer Short, Tank
Wood Underwear will introduce in 2020, a knit boxer short and a tank style undershirt.
» I want to read more and receive info from Wood UnderwearCrissCross Intimates Launches Activewear
CrissCross Intimates has introduced an “Active Wear to Luxe” collection, “so versatile with sex-appeal and styles for yoga, Pilates or any sports enthusiast and every day comfortable wear,” announced owner Jean Criss.
» I want to read more and receive info from CrissCross IntimatesVibrant Body Collection Now In Specialty Stores
For the first time, the Vibrant Body Company collection of bras and intimates is being offered exclusively to specialty stores. “At Vibrant Body Company we aspire to change the way women think and feel about their breasts, their bras and their first layers,” explained Michael Drescher, Vibrant’s founder and CEO.
» I want to read more and receive info from Vibrant BodyTerresa Zimmerman Talks All About Wood
BODY publisher, Nick Monjo first met Terresa Zimmerman, CEO and founder Wood Underwear, as she launched her brand at a Las Vegas trade show. Since then the company has grown steadily. Here she explains how the company developed and where it’s going next.
» I want to read more and receive info from Wood UnderwearBrands And Exhibitors Booked For Next NILS
The New International Lingerie Show (NILS) is about to hold its fourth event since its relaunch, this at the Westgate Hotel in Las Vegas, September 9 through 11.
» I want to read more and receive info from New International Lingerie ShowKohl’s To Offer Adore Me Lingerie In October
Under a new program, Kohl’s will be offering a selection of Adore Me intimate apparel products on its website and “more than 50” of its 1159 physical stores in the U.S. “beginning mid-October 2019.”
» I want to read more and receive info from Adore MeLaura Corcoran Has Rejoined BL Intimates
Laura Corcoran has returned to BL Intimates as corporate account manager for the Exquisite Form brand of lingerie and sleepwear.
» I want to read more and receive info from BL IntimatesLeggStory: Flocking Designs Atop Hosiery
Michèle Constant, the owner of LeggStory, was at the recent Curve show in New York in early August with several exciting additions to her ever expanding hosiery collection.
» I want to read more and receive info from LeggStoryBarry Revzen Describes China Factory Situation
Barry Revzen, CEO of Dreamgirl, recently visited a number of intimate apparel factories in China, and returned with a lot to say about the effects of president Trump’s policy of taxing that country’s imports. A manufacturing and importing specialist, with decades of experience, Revzen lived in China for years and has traveled there repeatedly. He has visited hundreds of factories during his career. BODY publisher Nick Monjo interviewed him just after he returned from his latest trip, and on the day before Trump announced he would extend (on September 1st) the tariffs to cover another $300 billion of imports, a move that will expand taxes to cover almost everything shipped from China to the U.S.
» I want to read more and receive info from DreamgirlCasual Moments Is Acquired By Claudel
Claudel Lingerie Inc., which comprises different chains of retail stores in Canada, as well as several wholesale brands, has just acquired Casual Moments, the California-based loungewear specialist.
» I want to read more and receive info from Claudel LingerieMaurice Reznik Leaving Delta Galil August 9
Maurice Reznik this afternoon sent an email to associates in the industry announcing he “will be leaving Delta Galil, effective August 9th to focus on a new business venture.”
» I want to read more and receive info from Delta GalilOffPrice: 99 Underwear, Hose, Swim Brands
The OffPrice Show, to be held August 10-13, will have at least 99 companies showing products in the underwear, hosiery, sleepwear, swim and related categories.
» I want to read more and receive info from The OffPrice ShowThirdLove.com Opens First Retail Store Today
ThirdLove, the online lingerie retailer, today opens its first physical store, this at 347 West Broadway in SoHo in Manhattan.
» I want to read more and receive info from ThirdLoveFour New Gilly Hicks Pop-Ups Lift Total To 6
Four new Gilly Hicks by Hollister pop-up shops have just been opened by Abercrombie & Fitch, as the company expands the gradual relaunch of its intimates brand. The stores join two other existing stand alone locations.
» I want to read more and receive info from Gilly HicksClover’s CEO Angie Lau Discusses The Firm
Founded in 1956 by Andy Lau, Clover Group has grown to become a leading producer of intimate apparel. Based in Hong Kong, and with production facilities in China as well as other key countries, the company supplies a wide range of customers. Clients range from some of the largest names, such as Victoria’s Secret, Aerie and Under Armour, and include a variety of other labels of different sizes.
» I want to read more and receive info from Clover GroupFresh: A Special Wash For All Activewear
“Fresh Active-Wear Wash is another clever science-based Fashion Wash from The Forever Group that targets the challenge of odor build-up in such items as sport bras, yoga wear, athletic apparel and undergarments.”
» I want to read more and receive info from The Forever GroupStudio Pia: Cruelty-Free Luxe Lingerie To Curve
Studio Pia is returning to the Curve show in New York with a spring/summer 2020 collection that includes: “two embroidery heavy ranges, Sirena and Naida, and a luxury silk shapewear range, Petra,” according to designer and founder Pia Conaghan.
» I want to read more and receive info from Studio PiaWood Works Offers Clients Customization
Wood Underwear’s recently launched premium mass label, Wood Works, is now offering its larger retail clients “exclusivity and customization of color palettes and more,” according to Terresa Zimmerman, CEO and founder of the men’s undergarment specialist.
» I want to read more and receive info from Wood UnderwearCorin: Perfect Ratio Of Comfort, Quality, Price
“Comfort and quality are the most important targets for the production of bras,” declared Tatyana Ponomareva, owner the Valens Lingerie distributorship. “Either one of these concepts without the other is meaningless.”
» I want to read more and receive info from Valens LingerieWood SS20: Refreshed Solids, Stars, Stripes
Wood Underwear CEO and founder Terresa Zimmerman explained that solid colors put men’s Wood Underwear “on the map,” are the “core of its business” and will continue to be a big part of its newest collection.
» I want to read more and receive info from Wood UnderwearNic Tailor: New Custom Fit Men’s Underwear
Nic Tailor has just launched what it claims is “the first-ever custom fit underwear for men that addresses the nearly universal problem of ill-fitting undergarments.”
» I want to read more and receive info from Nic Tailor‘The Nude Project’ Now Sharing Skin Color Data
Heist, the UK-based tights, shapewear and hosiery firm, has launched “The Nude Project,” under which it will share its research on skin colors.
» I want to read more and receive info from HeistTMR: Lingerie Market $55.83 Billion By 2024
Transparency Market Research (TMR) has published a report stating “the global lingerie market is likely to be worth $55.83 billion by 2024” up from $33.18 billion in 2015.
» I want to read more and receive info from Transparency Market ResearchMy Size Smartphone Bra Measuring App Debuts
My Size, Inc., a developer and creator of smartphone measurement solutions, recently announced it is adding functionality to MySizeID, its “smart measurement application for online retail, that will enable consumers to accurately measure their bra and cup size when shopping for undergarments and lingerie.”
» I want to read more and receive info from My SizeTo read more news, please choose the category from the news category section.
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Tefron Q2: Revenues $40.2M; Profit $306,000
Tefron Q2 net income fell to $306,000 on revenues of $40.2 million, compared to a profit of $1.0 million on revenues of $41.8 million in the three months ended June 30, 2018.
>> Read Article
Hanes Innerwear: Sales -3.5%, Operating Profit -8.1%
HanesBrands Innerwear segment sales declined 3.5%, while segment operating profit fell 8.1% in the third quarter. For the company as a whole, however, total sales rose 1.0% and net income jumped 9.5% in the three months ended September 28, 2019.
>> Read Article
iFabric Q3 Sales -31%; Loss Hits C$646,819
iFabric sales in the third quarter fell by 31% to C$2,284,507 (Canadian dollars) or about $1.75 million (at current exchange rates). Meanwhile the net loss for the three months ending June 30, 2019 jumped to C$646,819 (about $495,000), up from C$171,701 (about $131,000) in the same period last year.
>> Read Article
Destination Filing Hits Many Apparel Firms
Asia Creative Limited /Dora Lau, a prominent intimates producer, as well as several other apparel makers, were among the creditors with the largest unsecured claims as the retailer Destination Maternity filed for chapter 11 bankruptcy protection in late October.
>> Read Article
Apparel Firms Hit By Forever 21 Bankruptcy
Many apparel firms took a hit when Forever 21 filed its voluntary chapter 11 bankruptcy at the end of September. They make up many of the company’s top unsecured creditors.
>> Read Article
Kauffman Is President Wacoal America
Wacoal America announced at the start of October that Mitch Kauffman, who has been with the company for almost four years, most recently as SVP sales and marketing, has been named president, and will add the title of CEO in March 2020.
>> Read Article
Naked Cuts Debt, Delays Financial Reporting
Naked Brand Group Limited postponed reporting its financial results for the first half of fiscal 2020 (the six months ended July 31, 2019), saying it expects to present them “in the fourth quarter of 2019 in conjunction with a business update conference call.”
>> Read Article
PVH Reports Rise In Q2 Sales And Earnings
As he discussed PVH’s second quarter, CEO Manny Chirico affirmed that PVH’s “underwear business is one of our most profitable business categories that we operate.”
>> Read Article
Gilly Hicks Parent Posts $31.1 Million Q2 Loss
Lingerie brand Gilly Hicks received little mention as parent company Abercrombie & Fitch reported a second quarter loss of $31.1 million on sales of $841.1 million, compared to a loss of $3.9 million on sales of $842.4 million in the same period last year.
>> Read Article
Wacoal: Weak Sales At U.S. Department Stores
Wacoal reported “weak over-the-counter sales at department stores” in the U.S. for the quarter ended June 30, which led to a decrease in operating income. Exact details of the performance in this country was masked by the fact that the international firm combines the results for different continents in some of its reporting.
>> Read Article
Q2 Comps, Sales, Profits All Fall At VS, Pink
In the second quarter, combined online and comparable store sales for Victoria’s Secret and Pink in the U.S. and Canada fell 6%. Comps for those stores alone were down 9% from the same quarter last year.
>> Read Article
Delta Galil’s Q2: Sales +10%, Income -22%
Delta Galil’s Q2 sales rose 10% while net income fell 22%. For the three months ended June 30, 2019 the firm made $5.07 million on sales of $373.89 million compared to $6.46 million on sales of $338.91 million in the same period last year.
>> Read Article
Details Of Wacoal’s Acquisition of Lively
In a surprising move, Wacoal International Corporation, parent company of Wacoal America, Inc., acquired at the end of July the Lively lingerie brand for $85 million plus additional earnouts based on future performance.
>> Read Article
Moore To Head Delta Galil’s Mass Division
Delta Galil named Steve Moore president, Mass Division of Delta Galil, describing him as “a highly accomplished mass merchandising executive with more than 25 years of experience, including at Gildan Activewear and 14 years at Hanesbrands, Inc.”
>> Read Article
Silverstein Is President Of 7 For All Mankind
Delta Galil Industries, Ltd. named Suzanne Silverstein president of its 7 for All Mankind division, a move that returns her to the brand.
>> Read Article
Soma’s Parent Rejects Latest Sycamore Offer
On June 27, Soma’s parent Chico’s FAS again rejected an acquisition offer from Sycamore Partners. The latest bid was for $3 a share, following one for $3.50 on May 10 of this year, and another for $4.30 in April.
>> Read Article
Naked Losses Up 30.9%, While Sales Slide 14.8%
Naked’s losses surged 30.9%, to $32.0 million (NZD $49.2 million) in they year ended January 31, 2019, up from $24.5 million (NZD $37.6 million) the previous year.
>> Read Article
Cheryl Abel-Hodges Is CEO of Calvin Klein
Cheryl Abel-Hodges has been named CEO of Calvin Klein, Inc. She replaces Steve Shiffman who is leaving the company.
>> Read Article
Soma Comps Up 3.4%, Net Sales Rose 2.4%
Soma’s comparable sales rose 3.4% in the first quarter, compared to a decline of 5.8% in the same period last year.
>> Read Article
Delta Galil Buying Intimates Maker Bogart
Delta Galil signed an agreement to acquire Hong Kong based The Bogart Group, a prominent producer of intimates and swimwear. The sale includes two of its subsidiaries, Brunet, a lace manufacturer, and B&B, a padding maker.
>> Read Article
Aerie Comps Up 14%, Many Stores To Open
Aerie comparable sales were up again in the first quarter, rising 14% and “marking the 18th consecutive quarter of double-digit comps,” according to Jay Schottenstein, chairman and CEO of parent company American Eagle Outfitters. Last year Aerie’s first quarter comps were up 38%.
>> Read Article
Stefan Larsson Named President of PVH Corp.
Stefan Larsson was named to the newly created role of president, PVH Corp. effective June 3, 2019 as “part of a strategic succession plan,” according to the company. Meanwhile, chairman and CEO Emanuel Chirico signed a new five year employment agreement with PVH.
>> Read Article
PVH Q1 Sales Increase 2%, Profit Falls 54%
As PVH reported a 2% increase in sales, and a 54% drop in overall company profit in the first quarter of 2019, chairman Manny Chirico pointed out two bright spots in the company’s inner wear business.
>> Read Article
Soma’s Parent Rejects Latest Sycamore Offer
Soma’s parent Chico’s FAS has rejected the latest offer from Sycamore Partners, this one on May 10, to acquire the company for “$3.50 per share in cash.” It follows an April 14 offer at $4.30 a share, as well as other failed discussions dating back several years.
>> Read Article
Delta Galil First Quarter Sales +9%, Profit -59%
Delta Galil sales in the first quarter jumped 9% but net income slumped 59%.
>> Read Article
Wacoal Annual Sales -1% In The United States
Wacoal sales in the U.S. fell 1%, on a local currency basis, during the fiscal year ended March 31, 2019. Overall, the Japan-based firm, saw sales drop by 0.8% while net profit plunged 96.5%.
>> Read Article
iFabric Sales Fall Again On Sleepwear Exit
iFabric’s abrupt exit from the sleepwear business was the leading cause of a 60% drop in sales at its intimate apparel division, during the quarter ended March 31.
>> Read Article
Hanes Innerwear Sales Fall 3.1% In Q1 2019
Hanesbrands Innerwear division sales fell yet again in the first quarter, down 3.1%, following a string of quarterly declines last year. Segment operating profit, however, was up 3.2%.
>> Read Article
Texco Opening New Vietnam Factory In Q2
Texco Hook & Eye Tape Ltd. will expand its business by opening a new state of the art factory in Vietnam. The operation will start in the 2nd quarter of 2019.
>> Read Article
Naked Raises Capital, Changes Debt For Stock
Naked Brand Group Limited reached a “definitive agreement for a private placement of restricted common stock and warrants for aggregate gross proceeds of approximately $3.9 million” with investors led by Los Angeles-based Acuitas Capital. One investor was Naked’s former CEO, and now executive chairman, Justin Davis-Rice.
>> Read Article
PVH Plans To Acquire Full Control Of Gazal
PVH announced an agreement to acquire full control of Gazal Corporation, a long time partner in Australia, of which it already owns a 22% stake.
>> Read Article
Delta Galil 2018 Sales Up 10%, Profit Slid 2%
Delta Galil sales rose 10% in 2018 while profit declined 2%. Things accelerated in the fourth quarter, however, where sales jumped 22% while profit surged 23%.
>> Read Article
Curve New York Runs Next Week, Feb. 25-27
Next week Curve New York opens at the Javits Center on Monday and runs for three days, February 25 through 27.
>> Read Article
Hanes 2018 Innerwear Sales -3.4%, Profit -9.3%
Hanes Innerwear division sales fell 3.4% and operating profit dropped 9.3% in 2018. But the parent company fared much better with overall sales rising 5.1% and profit surging 793.6%.
>> Read Article
iFabric Lost $327,000 in Q1 As Sales Fell 52%
iFabric reported a loss of CAD 431,778 (Canadian dollars, about $327,000 at today’s exchange rates) in its fiscal first quarter 2019, as its sales dropped 52% to CAD 2,471,881 (about $1.87 million).
>> Read Article
EuroSkins Valentine’s Day Sale Now Going On
EuroSkins has launched an extensive “Valentine’s Day Event” for its wholesale accounts.
>> Read Article
Van de Velde Sales Fell 1.8% In Fiscal 2018
Van de Velde sales fell by 1.8% in fiscal 2018, decreasing from 209.0 million euros (about $239 million at current exchange rates) in fiscal 2017 to 205.2 million euros (about $234 million).
>> Read Article
Naked Faces Ongoing Lawsuit From Investor
A nasty fight has been simmering for the past several months between Naked Brand Group and Alrai Capital over the latter’s $12 million pre-merger investment.
>> Read Article
VS, Pink Comps -6%; La Senza Sale Closed
Victoria’s Secret and Pink December comparable store and direct sales in the U.S. and Canada fell 6%, following a 1% decline for the brands in December 2017.
>> Read Article
iFabric Q4 Sales -62% As It Exits Sleepwear
iFabric’s abrupt exit from the sleepwear market resulted in a 62% drop in sales and a CD$222,058 (about $163,000 at current exchange rates) loss in its fourth quarter ended September 30, 2018.
>> Read Article
Marleen Vaesen Is New CEO At Van de Velde
Van de Velde has a new CEO, Marleen Vaesen, who has been a board member since 2012. She replaced Erwin Van Laethem, who led the company for the last two years after spending 27 exclusively in various parts of the energy business.
>> Read Article
Naked’s First Half Sales Fall And Losses Jump
Naked Brand Group Limited sales fell in the six months ended July 31, 2018 while its losses jumped dramatically. The company also postponed until 2019 what would have been its first conference call with analysts to discuss the results.
>> Read Article
Delta Galil Sales Rise 9% In Third Quarter
Delta Galil third quarter sales increased 9% while net income fell 33% mainly due to costs related to the recent acquisition of Eminence Group and other restructuring.
>> Read Article
John Mehas Named CEO of Victoria’s Secret
John Mehas, was named the new CEO of Victoria’s Secret Lingerie, replacing Jan Singer who resigned in mid November. He is currently the president of Tory Burch and will start in “early 2019.”
>> Read Article
Naked Gives Up More Shares To Buy FOH
Naked Brand Group Limited announced it had acquired FOH Online Corp., “the exclusive licensee of the Frederick’s of Hollywood brand for global e-commerce business,” at a price of $18.2 million.
>> Read Article
To read more news, please choose the category from the news category section.
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