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BREAKING NEWS: Squeem Embarking On Extensive Re-Branding     Gardner Exits Dana-co, Now Felina VP Sales     Squeem Embarking On Extensive Re-Branding     Cortland Intros Printed Body Fabric Collection     Plié Brazilian Shapewear Looks To Re-Enter U.S.     PVH Says Calvin Klein Driving Sales Growth     Victoria’s Secret, Pink May Store Sales Up 5%     Sales Dip At Aubade, Calida As Parent Grows     Income Drops 86.5%, Sales 14.8% At Calida     Discussing The Practical Side To Underwear     Bumbrella Adds Book, Video To Explain Itself     Cacique Scores Points At The Expense Of VS     Despite Big Loss Naked Pushing Aggressively     Despite Big Loss Naked Pushing Aggressively     Sales Dip At Aubade, Calida As Parent Grows     Heidi: Lower-Price Line Exclusively At Macy’s     Vanea Is Successor To Z International Hosiery     Sean Monahan Hired As Executive At Charades     Kisskill Returns To NYC Curvexpo In August     Squeem Embarking On Extensive Re-Branding     Bumbrella Adds Book, Video To Explain Itself     Squeem Embarking On Extensive Re-Branding     Despite Big Loss Naked Pushing Aggressively     Curve & Co.: Plus Size Brand From Colombia     Ann Marie John Joins Rubie’s Canada Team     Early Easter Helped VS March Sales Rise 9%      Raf Over: Shapewear Maker Coming To Curve     Declines Continue As Intimacy Shrinks To 15     Declines Continue As Intimacy Shrinks To 15     Frederick’s Bankruptcy Hits Lingerie Makers     Sales Dip At Aubade, Calida As Parent Grows     Many Intimates Firms To Show At Off-Price     Amia To Bring Cinchers, Shapewear To CurveNV     PVH Says Calvin Klein Driving Sales Growth     NPD: U.S. Hosiery Sales Grew By 3% To $7.3B     Rixie Clip Lets Users Reduce Bra Band Size     Shibue Couture Supplies Pageants, Fashion Week     Victoria’s Secret, Pink June Store Sales Up 1%     Cortland Intros Printed Body Fabric Collection     Shapeez: New Website, Bra & Trade Exhibition     Vanea Is Successor To Z International Hosiery     Bumbrella Adds Book, Video To Explain Itself     Cortland Intros Printed Body Fabric Collection     Soma Comparable Store Sales Up 6.5% In Q1     Agent Provocateur Shop Opening In Manhasset     Squeem Embarking On Extensive Re-Branding     Attendance Declined Sharply At Paris Show     Baci: Expanded White Label Leads Way At ILS     Curve & Co.: Plus Size Brand From Colombia     Despite Big Loss Naked Pushing Aggressively     Vast Color Choices Set Coobie Intimates Apart     Baci: Expanded White Label Leads Way At ILS     ’Heavy Metal’ Is Theme For Parfait A/W 2015     Fashion Forms Will Move To Austin In Fall     Shapeez: Many Factors Lead To Steady Growth     Squeem Embarking On Extensive Re-Branding     Raf Over: Shapewear Maker Coming To Curve     Victoria’s Secret, Pink May Store Sales Up 5%     Victoria’s Secret Sales Rise 8% In First Quarter     Agent Provocateur: Grows Too Fast To Sell     Kisskill Returns To NYC Curvexpo In August     Baci: Expanded White Label Leads Way At ILS     NPD: U.S. Hosiery Sales Grew By 3% To $7.3B     Sales Dip At Aubade, Calida As Parent Grows     Starline: New Role Playing Fetish Lingerie     Intimacy Stores Losing Money For Van de Velde     Many Intimates Firms To Show At Off-Price     Amia To Bring Cinchers, Shapewear To CurveNV     Discussing The Practical Side To Underwear     Declines Continue As Intimacy Shrinks To 15     Early Easter Helped VS March Sales Rise 9%      Texco: New Hook & Eye Closures For Sports Bras     ’Heavy Metal’ Is Theme For Parfait A/W 2015     Sales Dip At Aubade, Calida As Parent Grows     Despite Big Loss Naked Pushing Aggressively    

CMK Distinctive Brands Web Platform Goes Live

An ordering page for Lou Lingerie on the CMK site.

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

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

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Raf Over: Shapewear Maker Coming To Curve

Three of Raf Over’s best-selling styles.

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 New York, in August.

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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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Dominique: New Racer Back Front Close Bra

Dominique’s new Talia, a racer back front close bra.

Dominique Intimates is now shipping its new racer back front close bra, and owner Michael Chernoff reported, “We are very excited as the initial feedback from our retailers has been extraordinary.”

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Victoria’s Secret, Pink May Store Sales Up 5%

The Dream Angels multi-way bra, part of the current promotion at Victoria’s Secret.

Victoria’s Secret May comparable store sales in North America increased 5%, while the online and catalog direct business for the brand decreased by 3% compared to the same month last year.

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Soma Comparable Store Sales Up 6.5% In Q1

The Enhancing Shape full coverage lace trim bra, part of a “very successful” launch.

Soma comparable stores sales rose 6.5% for the 13 weeks ended May 2. In addition, the intimate apparel chain opened a net three new stores during the quarter, raising the total number to 280 (of which 17 are outlet stores).

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Exes and Ohs: Lingerie For Every Body Type

Exes and Ohs Intimates is a lingerie collection specifically created to accommodate a wide range of body types, including a variety of difficult to fit silhouettes.

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Ann Marie John Joins Rubie’s Canada Team

Ann Marie John has joined the Rubie’s Canada sales team. She has worked extensively in the costume and lingerie industries.

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Exquisite Form Intros 3 New Shaping Briefs

Two of the new Exquisite Form shaping briefs.

Exquisite Form, the brand specializing in “fuller bras,” is, for the first time, offering three versions of a shaping brief. Distributed in the U.S. by BL Intimates, the briefs will be sold in two-packs with a suggested retail price of $20.

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Bandelettes: More New Stores Speeds Growth

Sales for Bandelettes, the anti-chafing thigh bands, have been expanding rapidly in 2015, with continued growth coming as more store have decided to offer the product.

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aerie: Doing Great, May Close Even More Shops

Two engines of growth for aerie: swimwear and its “aerie Real” anti-Photoshop advertising.

Sales at aerie were up 12% for the quarter ended May 2, 2015, but parent company American Eagle Outfitters revealed that it may now close as many as 25 of its lingerie stores this year, instead of the approximately 20 it said it would close during an analyst conference call in March.

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Agent Provocateur: Grows Too Fast To Sell

Agent Provocateur’s rapid recent sales growth and future potential has convinced its owners to keep building the business rather than sell it, a spokesperson told BODY.

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Squeem: New CEO, VP For Shapewear Specialist

Thiago Pasos is now the CEO at shapewear specialist Squeem. Also recently hired to the post of vice president of sales and marketing is Mario Pace, who had served, until last year, in the same positions for the U.S. division of the international lingerie giant Triumph.

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Panache Launches Its Own “Real Women” Ads

Women in the Panache “Modeled by Role Models” ad campaign.

Panache, the UK-based lingerie firm, launched an advertising campaign, “Modeled by Role Models,” that features six women who reveal their admirable life accomplishments and promote their causes while wearing underwear.

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Shapeez: Many Factors Lead To Steady Growth

The Tankee Slip and Sportee sports bra from Shapeez.

Shapeez is off to a strong start for 2015, despite the cold winter in some parts of the country, and there are several indications that the growth will continue. “Our year has been going very well,” said CFO David Berner. “Our numbers are up in both the U.S. and Canada, our two key markets.”

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Psycho Bunny: Women’s Intimates & Loungewear

Apparel Partnership Group now offers a women’s Psycho Bunny intimates collection to go with its existing men’s underwear and lounge line.

The Apparel Partnership Group (APG), which launched a licensed collection of Psycho Bunny men’s underwear, loungewear and apparel early last year has now expanded its offerings to include a women’s collection that “consists of a few small capsules of both intimates and loungewear,” according to Matthew Healy, president and CEO.

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Victoria’s Secret Sales Rise 8% In First Quarter

In May, Victoria’s Secret is promoting its Pink racerback bralette and “new and improved Bombshell.”

Comparable Victoria’s Secret store sales in April in North America “were flat to last year driven by the timing shift of Easter versus last year,” according to Amie Preston, chief investor relations at parent company L Brands. Meanwhile, “at Victoria’s Secret direct, April sales decreased by 10%, as significant growth in core categories was more than offset by the exit of apparel.”

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Shibue Couture Supplies Pageants, Fashion Week

A variety of products from Shibue Couture.

Shibue Couture announced it will supply official products for the 2016 Miss California USA and Miss California Teen USA pageants, and the items will be “featured on the red carpet, main stage, runway and worn by the contestants.”

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Sean Monahan Hired As Executive At Charades

The Rubie’s Group has hired Sean Monahan as manager of operations and new business development for Charades, LLC, as well as head of a new division called Pizazz.

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Despite Big Loss Naked Pushing Aggressively

Image from the site where Naked currently offers its men’s collection.

Naked Brand Group, the underwear and intimates firm where Carole Hochman became CEO in mid 2014, reported a loss of $21,078,265 on sales of $557,212 for the year ended January 31, 2015. More than half of this deficit is composed of “substantial non-cash losses associated with the derivative accounting in connection with” a private placement offering last year to raise capital for the firm.

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Bumbrella Adds Book, Video To Explain Itself

The company that produces the bumbrella, the half slip with panty built in, has created an attractive new 17-page brand book and an informational video to explain and show off the product.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.”
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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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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.
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