latest wholesale lingerie, bras, underwear & shapewear news

From February 16th through February 19th, TextileGProm, the self-described “biggest specialized textile and light industry exhibition in Russia,” welcomed intimate apparel exhibitors and others to the All-Russian Exhibition Center in Moscow. Seen at the show were players from Russia, as well as those from beyond including Corin of Poland; Nkol Djumon and Rosme of Latvia; Lingadore of The Netherlands; Lanswe of China, and more.
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Buyers Flock To Houston Halloween

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Mike Tsai of Leg Avenue, Leyton Croxdale of Peekay, Melody Tsai of Leg Avenue, Susan Agan of Peekay, Amy Tsai of Leg Avenue, Rona Bonilla of Peekay, Sheryl Clara and Jennifer Blake of Leg Avenue.

From January 23rd through 26th, 2010, buyers from every corner of the country flocked to Houston’s George R. Brown Convention Center for the Halloween & Party Expo, which annually marks the official start of Halloween shopping season for retailers.
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Dreamgirl Expands With Lease

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According to the Klabin Company, a Los Angeles-based commercial real estate firm, Dreamgirl has leased approximately 93,000-square-feet of industrial space in the Cheli Distribution Center in Bell, Calif. Klabin reported that Dreamgirl plans to expand and consolidate its headquarters under one roof through this lease, and that the lease consideration was in excess of $3 million.
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United Legwear Purchases Leg Scene

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United Legwear Company, LLC has completed a Select Asset Purchase of Leg Scene Inc, according to Isaac E. Ash, president and chief executive officer of the New York City-based company.
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Baci Inks Venus International

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Internetmarketing-Miami, LLC, the owner of the rights to Baci Lingerie, a sexy lingerie company making its debut as the main sponsor of the International Lingerie Show (ILS) this April, has signed another sponsorship agreement with a major tradeshow. Through a three-year deal with Venus International Trade Fair in Berlin, Germany, the company reported that Baci Lingerie will serve as its only “Platinum” sponsor, and will be displayed prominently throughout the show. The next Venus show is scheduled to take place from October 21 through 24, 2010.
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Ringer Socks & Glitz At Celeste Stein

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Just two weeks before this February’s MAGIC, Celeste Stein, chief executive officer and founder of Celeste Stein Designs, had an idea: to bring back the ringer socks that put her on the map approximately 30 years ago. So the company’s team got busy making the patented designs, and adding select pre-existing prints to them as well as a new touch: rhinestones. The company has also added glitz to its armbands, leg warmers and headbands, among other products.
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Target Launches Liberty of London

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Liberty of London swim style for Target.

Target has entered into a partnership with UK-based Liberty of London, through which the brand’s fashion and home items for women, men, children and baby will hit the retailer’s stores on March 14th. According to Target, this marks the first time one of its collections has spanned this many categories, including swimsuits and intimates for women and boxers for men. Other categories encompass ready-to-wear, accessories and home and gardening items. Styles will come in 25 florals and prints, with prices ranging from $3.99 for a girl’s headband to $199.99 for bicycle. Select one-piece and tankini swimsuits are available for $19.99.
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Eurotique Launches Wholesale Line

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Lingerie and corset retailer Eurotique has returned to manufacturing. After being asked by wholesale customers to offer its in-house brand and corset styles to the market, the company has introduced a line of corsets made with steel bones and busks wholesaling for $60 to $125, and available in sizes XS through 5X.
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Russell Newman Taps Nadeau

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Russell Newman has hired Raymond Nadeau, formally of Moret Apparel Group, as president of its Hotel and Spa division. In his new position, Nadeau will be responsible for overseeing existing hotel and spa accounts, as well as growing the business. The division sells products including robes and slippers.
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General News

Warnaco 4q Revenue Up 14%

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Boosted by a 17 percent increase in Calvin Klein net revenues, The Warnaco Group, Inc. posted a 14 percent increase in net revenues during the fourth quarter ended January 2, 2010; to $505.4 million. Net revenues in all major international markets grew by double-digits, with particular strength in Latin America. Income per diluted share from continuing operations was 29 cents compared 27-cent loss during the previous year’s fourth quarter.
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Maidenform 4q Sales +15.3%

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Maidenform Brands, Inc. finished 2009 on the up swing. During the fourth quarter of last year, the intimate apparel company cited a 15.3 percent increase in net sales, to $109.2 million, with net sales in the shapewear channel increasing 12.2 percent. The company also reported success during the quarter in its licensed Donna Karan and DKNY brands launched in last year’s first quarter, which partially offset customer focus on tight inventory management.
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Limited 4q Comp. Sales +1%

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During the fourth quarter ended January 30th, 2010, Limited Brands cited a comparable store sales increase of 1 percent. Net sales were $3.063 billion compared to $2.991 billion last year. Adjusted earnings per share increased 49 percent, to $1.01 from 68 cents.
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Saks 4q Comp. Sales -4.8%

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During the fourth quarter ended January 30, 2010, Saks Incorporated cited a comparable store sales decline of 4.8 percent, in line with the company’s expectations. During the full year ended January 30th, 2010, comparable store sales fell 14.7 percent.
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Iconix 4q Revenue +21%

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Iconix Brand Group, Inc. called its full-year and fourth quarter 2009 revenue results of $232.1 million and $65.8 million, respectively, record-breaking for the company. Revenue grew 7 percent during the full year, and 21 percent during the fourth quarter.
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Hanes Projects Growth

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Hanesbrands, Inc. is projecting sales growth over the next year and beyond. Based on significant shelf-space, distribution gains and a potential rebound in consumer spending, the company reported that its net sales to grow 5 to 8 percent in 2010, and earnings per share to grow 25 to 35 percent. Based on these expectations, the company announced that it could double diluted earnings per share over the next three to four years.
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Claiborne 4q Sales -14.5%

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For the fourth quarter of 2009, Liz Claiborne Inc. cited net sales of $779 million, a 14.5 percent drop from net sales in the comparable 2008 period, which the company attributed primarily to decreases in its International-Based Direct Brands and Partnered Brands segments. Net sales for International-Based Direct Brands dropped 11.7 percent, driven by decreases in Mexx Europe wholesale, while Partnered Brands fell 29.1 percent.
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Nordstrom 4q Sales +10.3%

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Sales were looking up at Nordstrom, Inc. during the fourth quarter. During the period ended January 30th, 2010, the company posted a 6.9 percent increase in same-store sales compared to the same period of fiscal 2008. Net sales increased 10.3 percent, to $2.54 billion from $2.30 billion.
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JCPenney 4q Sales -3.6%

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During the fourth quarter ended January 30th, 2010, J.C. Penney Company Inc. cited a net sales drop of 3.6 percent and a comparable store sales drop of 4.5 percent, with the women’s apparel and shoes categories experiencing the strongest results. Earnings per share were 84 cents, higher than company predictions of between 77 and 82 cents per share.
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