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BREAKING NEWS: Bandelettes: More New Stores Speeds Growth     Shapeez: Many Factors Lead To Steady Growth     Fashion Forms Will Move To Austin In Fall     Victoria’s Secret, Pink June Store Sales Up 1%     Many Intimates Firms To Show At Off-Price     Attendance Declined Sharply At Paris Show     Vanea Is Successor To Z International Hosiery     Victoria’s Secret & Pink Stores Up 2% In July     aerie: Doing Great, May Close Even More Shops     Affinitas SS2016: Three New Lingerie Groups     Oh La La Cheri Debuts ‘Designer Collection’     Oh La La Cheri Debuts ‘Designer Collection’     Psycho Bunny: Women’s Intimates & Loungewear     Jolar-Speck Hires Ex-Coquette Sales Agent     Shapeez: New Website, Bra & Trade Exhibition     Texco: ‘Winter Festival’ Of Product Offerings     Jockey Increases Promos For Skimmies Shorts     NPD: U.S. Hosiery Sales Grew By 3% To $7.3B     Cupid: Two New “Back Magic” Styles At Curve     Affinitas SS2016: Three New Lingerie Groups     Vanea Is Successor To Z International Hosiery     Jockey Increases Promos For Skimmies Shorts     Jolar-Speck Hires Ex-Coquette Sales Agent     Naked: Dwyane Wade License For Innerwear     Bra Society: Focus On Neoprene Swim, Active     Cortland Intros Printed Body Fabric Collection     Shapeez Adding Long Version Of New Demee     Bra Society: Focus On Neoprene Swim, Active     Psycho Bunny: Women’s Intimates & Loungewear     Victoria’s Secret & Pink Stores Up 2% In July     Knock Out!, Foundation For Women’s Cancers     Bandelettes: More New Stores Speeds Growth     Rixie Clip Lets Users Reduce Bra Band Size     Attendance Declined Sharply At Paris Show     Knock Out!, Foundation For Women’s Cancers     Peekay: Losses Rise Dramatically At Chain     Majesty Deals For Daisy Fuentes, Warner Bros.     Majesty Deals For Daisy Fuentes, Warner Bros.     Squeem: New CEO, VP For Shapewear Specialist     TrueShapers: Colorful, Unique Waist Cinchers     Tallulah Love To Expand Focus On U.S. Market     Squeem Embarking On Extensive Re-Branding     Gardner Exits Dana-co, Now Felina VP Sales     TrueShapers: Colorful, Unique Waist Cinchers     Shapeez Adding Long Version Of New Demee     Raf Over Shapewear Showing At Curve Vegas     Shapeez: New Website, Bra & Trade Exhibition     Declines Continue As Intimacy Shrinks To 15     Shibue Couture Supplies Pageants, Fashion Week     Oh La La Cheri Debuts ‘Designer Collection’     Squeem Embarking On Extensive Re-Branding     CMK Distinctive Brands Web Platform Goes Live     Tallulah Love To Expand Focus On U.S. Market     Majesty Deals For Daisy Fuentes, Warner Bros.     Heidi: Lower-Price Line Exclusively At Macy’s     CMK Distinctive Brands Web Platform Goes Live     Victoria’s Secret & Pink Stores Up 2% In July     Jockey Increases Promos For Skimmies Shorts     Amia To Bring Cinchers, Shapewear To CurveNV     Gardner Exits Dana-co, Now Felina VP Sales     Discussing The Practical Side To Underwear     Rixie Clip Lets Users Reduce Bra Band Size     Jockey Increases Promos For Skimmies Shorts     Cupid: Two New “Back Magic” Styles At Curve     Slim Girl Shapewear: The New Tummy Tucker     Anita Fires Independent Reps, Plans Online Sales     Soma Comparable Store Sales Up 6.5% In Q1     Many Intimates Firms To Show At Off-Price     Bandelettes: More New Stores Speeds Growth     Shapeez Adding Long Version Of New Demee     Shapeez: New Website, Bra & Trade Exhibition     Exes and Ohs: Lingerie For Every Body Type     Amia To Bring Cinchers, Shapewear To CurveNV     Shapeez: Many Factors Lead To Steady Growth    

Naked Website Starts Selling Lounge, Sleep

Naked Brand Group Inc. has launched its Fall 2015 women’s collection of loungewear and sleepwear on its consumer website www.wearnaked.com. It added the group will “start appearing in boutiques and specialty retail shops across the U.S. and Canada in the coming weeks.”

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Catanzaro Celebrates At Montreal Fetish Event

Patrice Catanzaro will not take his usual booth at the International Lingerie Show in Las Vegas because the show this year conflicts with The Montreal Fetish Weekend, a six day affair where the French fetish designer is always a major participant.

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The Shapeez Secret Ingredient Is...Comfort

“There are many reasons women come to Shapeez: great support, the elimination of bulges and back fat, the shaping of the waist and a much smoother and cleaner look in clothing. But the reason that they stay with Shapeez has a lot to do with comfort,” declared founder Staci Berner, pointing to a host of unsolicited customer comments about her growing collection of patented bras.

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Knock Out!, Foundation For Women’s Cancers

Knock out!, the maker of solution “Smart Panties” and a collection of Mighty Nighties sleepwear products announced “10% of all Lilac sales go to the Foundation For Women’s Cancers (cancer below the belt).”

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Shibue: Happy Not To Be Seen At Miami Swim

While most companies at the recent Miami Swim Week were anxious to have their designs seen by all, Shibue Couture was happy to invisible.

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Texco: ‘Winter Festival’ Of Product Offerings

Texco announced a “Winter Festival” of product offerings, from bra closures to fabrics, which can be seen in person September 21st at the upcoming Interfiliere NY (The Altman Building 135 West 18th Street) where the company will be exhibiting.

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Mapalé: The New Name For Espiral & AM:PM

Images from the new Mapalé campaign.

Grupo Espiral, the company behind that lingerie and the AM:PM resort, beach and swim label, is combining both into a single brand name: Mapalé. The first look at the new logo and company images will be the International Lingerie Show which opens Monday in Las Vegas.

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International Lingerie Show Opens Aug. 31

The International Lingerie Show opens a three day run at the Rio Hotel in Las Vegas on Monday, August 31. The event is a couple of weeks earlier than usual due to an unusual confluence of conflicting holidays including a late Labor Day (Monday, September 7th), along with the Jewish Holidays of Rosh Hashana (Monday and Tuesday, September 14 and 15) and Yom Kippur (Wednesday, September 23).

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Peekay: Losses Rise Dramatically At Chain

Losses rose dramatically at Peekay Boutiques while sales rose modestly in both the second quarter and first half of 2015.

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Plié Brazilian Shapewear Looks To Re-Enter U.S.

Plié, a Brazilian shapewear brand, will be at the upcoming Curvexpo in Las Vegas, looking to re-establish itself in the U.S. market.

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Affinitas SS2016: Three New Lingerie Groups

The Spring/Summer 2016 collection from Affinitas calls to mind “balmy summer evenings, mint juleps and sweet southern charm” with “Three new groups and two recolors” featuring “ muted pastels, vintage floral prints, and heather greys all embodying a subtle yet pronounced femininity.”

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De Winter In Partnership With Elle Macpherson

Elle Macpherson is returning to intimate apparel.

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Perceva: No Deal Yet For Vanity Fair Europe

Perceva, a French investment group, has not yet completed negotiations with Fruit of the Loom for the purchase of its Vanity Fair Brands Europe (VFB) division. Kirby Jordan, a Fruit spokesperson, confirmed that negotiations continue, but that there was nothing new to report as of noon August 14th.

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Ann Deal: Why Fashion Forms Moved To Texas

“We’ve grown so much. We had to move,” declared Ann Deal, owner of Fashion Forms, the leading specialty bra and solutions product maker, explaining to BODY the company’s reasoning behind its move to Austin, Texas from California.

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TrueShapers: Colorful, Unique Waist Cinchers

TrueShapers is a new company, coming from Colombia to Curvexpo for the first time. One of the firm’s most interesting offerings are the colorful waist cinchers “ideal for working out, where our customer can find amazing solid colors and stunning prints,” boasted founder José Santos.

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Slim Girl Shapewear: The New Tummy Tucker

Slim Girl Shapewear has introduced a new product, The Tummy Tucker.

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Bra Society: Focus On Neoprene Swim, Active

Bra Society, a bra, swimwear, activewear, dress and yoga apparel firm will exhibit at its first trade show, the Curvexpo in Las Vegas next week.

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Cupid: Two New “Back Magic” Styles At Curve

Two high waist Back Magic silhouettes from the TC division of Cupid.

Back Magic, the new, patent-pending shaping concept first offered by Cupid Foundations in January, has met with strong response, both with stores and consumers. As a result, more retailers are carrying it and two additional silhouettes have just been offered.

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Victoria’s Secret & Pink Stores Up 2% In July

In August, Victoria’s Secret will focus on its Body by Victoria collection (left) and at Pink, its Leopard Lace bra.

Victoria’s Secret and Pink North American company-owned comparable store sales were up 2% in July, 3% in the second quarter and 4% year-to-date compared to the same periods last year.

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Raf Over Shapewear Showing At Curve Vegas

Raf Over, a shapewear producer established over a decade ago, and with some private label business in the U.S. already, will exhibit at its first trade show outside of Colombia, the upcoming Curvexpo in Las Vegas, in mid August.

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NPD: U.S. Hosiery Sales Grew By 3% To $7.3B

“The total U.S. hosiery market, which includes sheer hosiery, tights, and socks, grew 3 percent to $7.3 billion in the 12 months ending May 2015,” according to the NPD Group.

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Exquisite Form Begins Shipping Wirefree Bra

Exquisite Form’s new wirefree bra joins a family of fuller bras at the company.

Exquisite Form has just started shipping its new “Wirefree Back Close Bra With Comfort Lining” to retailers. Style #51062048 is offered in white in sizes 38-44C, 38-44D and 38-44DD and has a suggested retail price of $26.

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Gardner Exits Dana-co, Now Felina VP Sales

Rob Gardner has joined Felina as vice president of sales “for our branded business (Felina, Jezebel, Paramour intimates and Buffalo David Bitton, English Laundry men’s underwear and loungewear),” according to company president Robert Zarabi.

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Income Drops 86.5%, Sales 14.8% At Calida

Styles from Calida and Aubade.

Calida Group, the Swiss firm that owns both the Calida and Aubade underwear and intimates brands, reported net income in the first half of 2015 dropped 86.5% to 700,000 Swiss francs, CHF, (about $728,703) at current exchange rates) while sales fell 14.8% to 168.1 million CHF (about $175 million).

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Majesty Deals For Daisy Fuentes, Warner Bros.

Some of the movie titles included in Majesty’s Warner Bros. license.

Majesty Brands, the New York-based hosiery producer, has recently signed licensing agreements with Warner Brothers and Daisy Fuentes.

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Fashion Forms Will Move To Austin In Fall

Ann Deal, founder of Fashion Forms, with model.

Fashion Forms, a leader in intimate apparel solutions products, will move from its long time home in Ventura, California to Austin, Texas this fall. It will also add “40 staff and operations positions” at the new location.

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Under Armour Expands Sports Bra Collection

Sports bra images from the Under Armour website.

In yet another advertising promotion that links women of accomplishment to a particular brand of underwear, Under Armour, launched its sports bra “I Will What I Want” campaign.

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Attendance Declined Sharply At Paris Show

Scene from a fashion show at the recent Paris Mode City.

Attendance at the just-completed Paris Mode City (July 4-6) dropped significantly in comparison to recent years, while at the sister Interfilière textile show, visitor attendance remained even.

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Discussing The Practical Side To Underwear

Knock out! wants to generate more discussion of the practical side of women’s underwear.

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Cortland Intros Printed Body Fabric Collection

Cortland Foundations has “just introduced a line using printed body fabric consisting of a bra, body briefer, control brief, control panty and control pantyliner,” reported owner Peter Wageck. “We’re also working on a sports bra line.”

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Many Intimates Firms To Show At Off-Price

A large contingent of intimate apparel and hosiery firms will be among the 550 apparel companies exhibiting at the upcoming Off-Price Show at the Sands Expo August 15 through 18 in Las Vegas.

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Shapeez Adding Long Version Of New Demee

As Shapeez launches its new, completely redesigned website, it also announced it is going ahead with a long version of its new Demee, demi cup bra.

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CMK Distinctive Brands Web Platform Goes Live

An ordering page for Lou Lingerie on the CMK site.

CMK Distinctive Brands, the marketing and distribution company headed by industry veteran Cynthia Kelly, has just launched an innovative wholesale lingerie ordering platform.

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The Giving Bride Finds Itself A Profitable Niche

The Giving Bride returns to the Curve show in New York in August, with “several new styles, including new nightgowns, in response to retailers’ requests,” owner Maggie Gillette told BODY. “We will also be adding new color ways and new metallic laces to some of the products that have been our best sellers in the prior seasons.”

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Tallulah Love To Expand Focus On U.S. Market

“Curve marks Tallulah Love’s formal launch into the US market,” explained Michelle Taylor, the founder of the U.K.-based lingerie collection. “The interest we received from U.S. retailers who visited our stand at Salon International de la Lingerie in Paris gave us confidence to commit to the U.S. market and we are very excited to be taking this strategic step.”

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Curve & Co.: Plus Size Brand From Colombia

“Curve & Co. is a plus size brand on a mission to bring beautiful and comfortable undergarments” to customers, explained Paula Gamboa, one of the co-founders. The Colombian firm, established in February, will exhibit at Curve in New York in August.

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Vanea Is Successor To Z International Hosiery

Launched in August 2013, hosiery producer Vanea is a successor company to Z International, which closed in 2013. The new firm has been growing steadily and will exhibit at Magic in August.

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Victoria’s Secret, Pink June Store Sales Up 1%

Victoria’s Secret North America June comparable store sales (which include Pink stores) were up 1% while Victoria’s Secret direct sales dropped 4% for the month.

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Declines Continue As Intimacy Shrinks To 15

Comparable store sales at the Intimacy retail chain continued to fall in the first half of 2015, and the store count also shrank to 15 locations in the U.S., with the closing of one since April.

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Squeem Embarking On Extensive Re-Branding

Squeem, the Orlando-based shapewear firm, is in the midst of an extensive re-branding which includes new products, more glamorous photography, a redesigned website and a commitment to repositioning the brand and finding new channels of distribution.

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Amia To Bring Cinchers, Shapewear To CurveNV

Amia, a shapewear and waist cincher producer, will exhibit at the upcoming Curvexpo-Magic show in Las Vegas looking to expand the number of retail stores carrying its products. It is the first trade show for the brand.

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New Sol Lusso To Debut Pareos At Curvexpo

Two pareos from the Sol Lusso collection.

Sol Lusso is a beachwear firm, launched a few months ago, that will exhibit for the first time at the Las Vegas Curvexpo. The company is starting with scarves and pareos, but has plans to eventually move into “other products in swimwear and resort wear categories, for both men and women,” according to president Irina Howard.

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Shapeez: New Website, Bra & Trade Exhibition

July and August will be busy for Shapeez. The firm has embarked on several new initiatives, including the unveiling of its new website, the launch of an important new bra and the addition of a new event to its trade show schedule.

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Jolar-Speck Hires Ex-Coquette Sales Agent

Jolar-Speck, the Canadian distributor, has hired Linda Martin as its sales agent for British Columbia, Yukon and Northwest Territories.

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Naked: Dwyane Wade License For Innerwear

Miami HEAT basketball player Dwyane Wade has signed a licensing agreement with Naked Brand Group, will join its advisory board and will serve as creative director for a collection of men’s and boy’s innerwear to launch in 2016.

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‘Cinch Leggings’: New Slimgirl Workout Wear

Slimgirl Shapewear, has found success with a new shaping and slimming product that combines the benefits of a waist cincher with leggings: Cinch Leggings.

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Oh La La Cheri Debuts ‘Designer Collection’

Oh La La Cheri has created The Designer Collection, which incorporates and replaces its existing Boutique and Curves divisions. The move is meant to emphasize that its customers are hungry for the latest and best in lingerie fashion, no matter what size they happen to be.

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Kisskill Returns To NYC Curvexpo In August

Kisskill, the Melbourne-based lingerie firm, has been expanding gradually in the U.S. since its launch in 2013. And the firm, with its exotic and luxurious collection, returns to Curvexpo in New York in August with several new styles.

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Anita Fires Independent Reps, Plans Online Sales

Anita fired many of its independent sales representatives last week and is replacing them with an internal company sales force. The German-based lingerie firm will also soon begin to sell its products directly to consumers on its own website.

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Jockey Increases Promos For Skimmies Shorts

While Jockey has offered a version of its Skimmies “slipshort” for several years now, it is increasing its promotional activity for the product with a series of online videos and illustrations. Skimmies provide extra coverage under skirts and prevent chafing and static cling.

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Rixie Clip Lets Users Reduce Bra Band Size

While there are many bra extenders on the market, the key to the patented Rixie Clip is that it also allows users to reduce band size. As a result, this recent invention has been finding a growing list of customers.

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Jeff Yunis Sells WWIN To Urban Expositions

Jeff Yunis sold the Women’s Wear in Nevada (WWIN) to Urban Expositions, the deal closing on August 19. No sale price was disclosed, but a source close to the deal told BODY “it was a very big number” and “well over $10 million.”
>> Read Article

Hanes Sales Rise, But Says Intimates Decline

While HanesBrands net sales rose over 13% for the quarter and six months ended July 4th, net income for the periods dropped 36.6% and 24.8% respectively.
>> Read Article

Naked Receives $2.34 Million From Investors

Naked Brand Group investors holding warrants, including Carole Hochman, chairwoman and son David Hochman, vice-chairman, have exercised those warrants with the company receiving approximately $2.34 million in new funds.
>> Read Article

Texco To Show Fabrics, Closures At Interfiliere

Texco, a leading manufacturer of hook and eye closures for the intimate apparel industry since 1969, is also “an experienced manufacturer of warp knit fabrics, producing high quality nylon, polyester, and half and double tricot,” according Claudia Poppe, director of sales and marketing for the U.S.
>> Read Article

Naked: Q1 Sales Double But Losses Also Grow

Sales at Naked Brand Group more than doubled in the first quarter of 2015, but losses also rose dramatically, rising to $1.8 million compared to a loss of $1.2 million in the same period last year.
>> Read Article

Q2 Sales Rise At Delta Galil, Profit Drops 5%

Sales rose at Delta Galil in the second quarter and first half of 2015, while net income dropped by 5% in both periods. With the release of results, CEO Isaac Dabah pointed out “the volatile currency exchange environment posed headwinds to profit growth.”
>> Read Article

Delta Galil Announces Purchase of P.J. Salvage

Delta Galil Industries, Ltd. has announced the acquisition of the P.J. Salvage brand and other assets of parent company Loomworks Apparel, Inc.
>> Read Article

Soma: Closing In On A Million Bras Donated

Soma will conclude its 11th bi-annual “Giving is Beautiful Soma Bra Donation” campaign on August 5th.
>> Read Article

American Apparel: Store Closings & Cost Cuts

In early July, American Apparel announced “the next phase of its strategic turnaround plan, including a redesigned fall merchandise line, approximately $30 million in cost-cutting initiatives, and key additions to its leadership team.”
>> Read Article

Tefron Ltd., Clover Group In Joint Venture

Scant details have emerged about a joint venture that Tefron Ltd. and Clover Group International Limited agreed to back in June, 2014. Shortly after the signing, both companies had declined to answer questions from BODY about the alliance.
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Tefron: Losses Slow In Q1 As Sales Rise

Tefron Ltd., reported a first quarter 2015 loss of $262,000 on rising sales of $24,669,000, which compares with a loss of $789,000 on sales of $22,029,000 in the three months ended March 31, 2014.
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Peekay: Bigger Losses As Chain Plans Offering

Peekay Boutiques, Inc. has registered with the SEC to sell shares to the public in an effort to reduce the enormous debt that has been a prominent factor in the company’s recurring losses. The filing in early May was in a preliminary form, with the share price and several other key figures and names left blank. And as of May 15 no underwriter had been found to handle the offering.
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Bendon Has Frederick’s Lingerie, Swim Licenses

Authentic Brands Group (ABG) completed its purchase of Frederick’s of Hollywood in early June, and revealed it had licensed the brand to Bendon Group for intimate apparel and swimwear. Meanwhile, additional creditor claims were filed.
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Authentic Brands Likely Buyer Of Frederick’s

It is now likely that the online operations of Frederick’s of Hollywood, as well as inventory and shared revenue from future licensing and marketing opportunities, will be sold to Authentic Brands Group (ABG) early next month.
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ILS: Hotel Discounts, Some Free Room Nights

Specialty Trade Shows is offering a discounted room rate as well as some free hotel room nights to boost the number of buyers at their end-of-summer International Lingerie Show (this year running August 31 through September 2).
>> Read Article

Defending Your Images Against Copyright Theft

Over the years, many apparel makers have complained that images from their ad campaigns have been stolen by unscrupulous wholesalers, often overseas, for use in their own promotions.
>> Read Article

Wacoal: Sales Drop 1%, Profits 16.4% For Year

Sales at Wacoal dipped 1% for the fiscal year ended March 31, 2015, but net income attributable to Wacoal Holdings Corporation plummeted 16.4%. The company said the sharp decline in income was do to the decrease in sales and the “impact of impairment charges of 6,021 million yen [about $50.28 million] as a result of the reassessment of the fair value of our Peach John” catalog and online retail business.
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Delta Galil: Sales Rise 6%, Income Drops 4%

Sales at Delta Galil rose 6% for the three months ended March 31st but net income fell 4%. “Sales increased to $252.8 million in the 2015 first quarter, an increase of 13% in original currency,” the Israel-based intimate apparel giant pointed out, noting the effect of currency exchange rates on its net sales results. It added, “Operating income was $15.3 million in the 2015 first quarter, growing 3% from the comparable period a year ago.”
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Frederick’s Creditor List: 40 Lingerie Firms

When Frederick’s of Hollywood filed for bankruptcy in mid April it listed at least 40 creditors from the intimate apparel industry among its total 6500 or so creditors. Others owed money range from shopping mall operators to banks and former employees.
>> Read Article

Hanes Innerwear Sales Drop 4%, Profits Rise

Sales in the “innerwear” segment at HanesBrands, Inc. declined 4.4% for the quarter ended April 4, 2015 but operating profit for that segment actually rose 13%. Meanwhile, at the parent company, overall sales rose 14.1% and net income rose 26.7% over the same period last year.
>> Read Article

2 Former Calvin Klein Execs To Naked’s Board

Naked Brand Group Inc., added two key former Calvin Klein executives to is board of directors earlier this year. One is Martha Olson, former group president of Calvin Klein Underwear Global; the other is Paul Hayes, a CPA who served as CFO for the Europe region of The Warnaco Group. There Hayes led “the commercial finance and accounting team for the $500 million Calvin Klein brand business.”
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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.”
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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%.
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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.”
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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.
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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.
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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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