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Triumph Closing North American Division 12/31
Triumph Holding AG, the international lingerie giant, announced yesterday that it “will discontinue operating its North American division,” which will entail the “closure of its headquarters in New York City, as well as its own retail stores and warehouse in Canada, by the end of 2020.”
» I want to read more and receive info from TriumphDreamgirl: Valentine’s Day Recommendations
“At Dreamgirl, one of our favorite holidays is Valentine’s Day, where all you need is your significant other to make it a very special day,” declared a company spokesperson.
» I want to read more and receive info from DreamgirlCorin’s Margaret 718 Bras: A Blaze Of Colors
For Spring 2021, Corin offers “a blaze of colors” with its Margaret 718 fashion collection.
» I want to read more and receive info from CorinComfeez Bralettes: Perfect In Many Ways
As sales for the new Comfeez bralettes from Shapeez have taken off, since it was introduced a little over a year ago, so has the number of ways customers are wearing them.
» I want to read more and receive info from ShapeezJohn Mehas Out As CEO Of Victoria’s Secret
John Mehas, CEO of Victoria’s Secret Lingerie, has been replaced by Martin Waters. Waters joined parent company L Brands in 2008 as head of its international division. Mehas had served as CEO since February, 2019.
» I want to read more and receive info from Victoria’s SecretSoma’s Q3 Net Sales Up 4.7% To $83.5 Million
Soma’s net sales rose 4.7% to $83.5 million in the third quarter ended October 31, up from $79.8 million in the same period last year.
» I want to read more and receive info from SomaLa Perla Lost €41.3M On Sales Of €27.5M
In the six months ended June 30, La Perla lost €41.3 million (about $48.8 million at current exchange rates) on sales of €27.5 (about $32.5 million), compared to a loss of €44.5 on sales of €40.3 in the six months ended June 30, 2019.
» I want to read more and receive info from La PerlaMidnight Maddie, Now Available To U.S. Stores
Midnight Maddie, an amusing and exuberant sleep and lounge collection from Claudel Lingerie, will soon be available to retailers across the U.S.
» I want to read more and receive info from Claudel LingerieLady Emprezz Lingerie Adds New High Brief
Lady Emprezz has introduced a new panty with matching bra.
» I want to read more and receive info from Lady EmprezzHanes Innerwear Sales Up 8.4% Worldwide
Hanes Innerwear sales, worldwide in the third quarter, were “up 8.4% over last year,” (excluding protective garments which, as a result of the pandemic, now make up a significant portion of sales for the division). Innerwear sales in the U.S., however, declined slightly in the three months ending September 26, 2020.
» I want to read more and receive info from HanesLively Sales Were $17.8 Million In First Half
Six month sales at Wacoal International Corp., the division that covers all of the Americas, fell 16.8% to 8,511 million Japanese yen (about $82 million at current exchange rates) as the division posted an operating loss of 915 million Japanese yen (about $8.8 million).
» I want to read more and receive info from WacoalComfeez: New Review, New Toronto Office
Comfeez bralettes, the latest introduction from Shapeez, are not only getting great reviews from consumers, as we noted in an article in BODY in August, but also now from retail store owners.
» I want to read more and receive info from ShapeezOh La La Cheri: Adding New Loungewear Line
Oh La La Cheri is working on something new: a loungewear collection that will launch in the next couple of months for late spring delivery.
» I want to read more and receive info from Oh La La CheriDaisy Corsets: Highly Successful Mask Line
Daisy Corsets has “become a very established face mask company in the seven months that we have been in this market,” according to co-owner Jennifer Reynolds. “With one of the largest collections of wholesale face masks on the market.”
» I want to read more and receive info from Daisy CorsetsPlayboy Reveals Losses As It Seeks To Go Public
Playboy Enterprises Inc. revealed it lost $6.203 million in the first six months of 2020 on revenue of $66.3 million. The figures were included in an SEC filing by Mountain Crest Acquisition Corp., the public company with which Playboy is planning to merge.
» I want to read more and receive info from PlayboyNew From Charlotte Catanzaro: "L’Insolente"
Charlotte Catanzaro, the designer behind Impudique, has a new intimates collection, L’Insolente (The Insolent). In it she offers lingerie, and, for the first time, shapewear.
» I want to read more and receive info from ImpudiqueDreamgirl Now Shipping By Air As Sales Surge
Better than anticipated sales volume at Dreamgirl has caused the company to switch from shipping by freighter to jet for some styles.
» I want to read more and receive info from DreamgirlYandy.com Parent Playboy Going Public
Yandy.com’s parent, Playboy Enterprises, announced today a deal that will return the famous brand to the public market, trading on the Nasdaq.
» I want to read more and receive info from Yandy.comRigby & Peller Now Down To Six U.S. Shops
Yet another Rigby & Peller store has permanently closed, this one at the King of Prussia mall in Pennsylvania. This reduces the chain to just six stores in the U.S.
» I want to read more and receive info from Van de VeldeDreamgirl: Prominent Fashion Trends For 2021
Dreamgirl revealed many of the fashion trends that will lead the brand during the upcoming season.
» I want to read more and receive info from DreamgirlMaurice Reznik Starts New Face Mask Firm
Maurice Reznik has just launched a new company: The Only Facemask, offering five distinctly different styles, ranging in price from $4 to $19.
» I want to read more and receive info from The Only FacemaskWSJ Suggests Bras Are Dead, Then Backtracks
In late September the Wall Street Journal ran an article posing a question in the headline, “Will Working From Home Kill the Bra Forever?”
» I want to read more and receive info from Wall Street Journal25 Halloween Pop-Ups Vs. 275 For Party City
For several months, retailers and wholesalers who sell Halloween costumes and other products have been predicting dramatically lower sales than usual this year.
» I want to read more and receive info from Party CityMonique Morin Adds Plus Sizes To Collection
Monique Morin, the designer behind the eponymous lingerie collection designed to flatter a variety of different body types, while at the same time looking good from all angles (not just the front), has just added plus sizes.
» I want to read more and receive info from Monique MorinPVH Q2: Revenue -33%, Loss of $51.7 Million
PVH second quarter revenue decreased 33% to $1.581 billion, as the company reported a net loss of $51.7 million. Last year the company made $193.1 million on revenue of $2.249 billion in the three months ended August 4, 2019.
» I want to read more and receive info from PVHCorin’s Virginia 21871 And 20871 Bras Profiled
Corin, the Polish bra brand distributed in the U.S. by Valens Lingerie, now offers two version of its popular Virginia bra, model 21871, a wireless bra designed for everyday wear or exercising; and model 20871, an ultra-lightweight nursing bra.
» I want to read more and receive info from Valens LingerieStores Around The U.S. Recommend Shapeez
A key determining factor for a retailer contemplating the addition of a new bra to their store is the experience other stores have had with that brand.
» I want to read more and receive info from ShapeezMapalé Adds Sustainable Capsule To Collection
Mapalé has taken steps to make a portion of its lingerie more sustainable by adding a capsule collection that uses Repreve lace made from recycled fibers.
» I want to read more and receive info from MapaleAerie’s Q2 Sales Jump 32% To $250 Million
Aerie sales jumped 32% to $250 million in the quarter ended August 1, “despite the impact of stores closures as nearly 70% of the revenue” was generated online, according to Jay Schottenstein, CEO of parent company American Eagle Outfitters (AEO). Aerie’s orders placed on its e-commerce channels rose 113% in the period.
» I want to read more and receive info from AerieRigby & Peller in VA Closes, Chain Dips To 7
The Rigby & Peller store at Tysons Corner Center in McLean, Virginia has permanently closed, dropping the chain to just seven stores in the U.S.
» I want to read more and receive info from Van de VeldeNew Designs From Wood Men’s Underwear
Wood Underwear has introduced a new version of its popular biker brief.
» I want to read more and receive info from Wood UnderwearBare Necessities Team Will Remain In Place
Delta Galil’s CEO, Isaac Dabah, confirmed to BODY that the Bare Necessities current team will remain in place now that it is under his company’s control.
» I want to read more and receive info from Delta GalilDreamgirl Discusses Halloween 2020 Lineup
“At Dreamgirl, as summer comes to an end and we continue to sequester ourselves in our homes, thoughts immediately go to the fall activities we have looked forward to in the past. One of those moments is Halloween,” a company spokesperson told BODY.
» I want to read more and receive info from DreamgirlSoma Q2 Sales Fell 15.3% To $84.3 Million
Second quarter sales at Soma fell 15.3% to $84.337 million, down from $99.623 million in the three months ended August 3, 2019.
» I want to read more and receive info from SomaBare Necessities Now Moving To Delta Galil
Bare Necessities, the online intimates retailer, is changing hands again. Delta Galil announced on August 25 it had signed a deal to acquire the store, which had just been bought by Walmart in October, 2018.
» I want to read more and receive info from Delta GalilMapalé Lounge: Lots Of Halloween, Plus Items
BODY publisher Nick Monjo interviewed Mapalé co-owner Angela Tobon about her company’s latest loungewear collection.
» I want to read more and receive info from MapaleVictoria’s Secret: Has It Begun To Stabilize?
Victoria’s Secret and Pink second quarter sales in the United States and Canada fell 39% to $977.5 million, compared to $1.606 billion in the three months ended August 3, 2019.
» I want to read more and receive info from Victoria’s SecretDelta Galil Q2: Loss of $53.3M, Sales Fall 27%
Delta Galil reported a loss of $53.3 million in the three months ending June 20, as sales fell 27% to $270.9 million. In the same period last year the company had net income of $5.1 million on sales of $373.9 million.
» I want to read more and receive info from Delta GalilDreamgirl Acquired By Revzen And Partners
Dreamgirl has been acquired by Barry Revzen, who has been CEO/president for almost three years, along with Alma Canjura and Fernando Garcia (long time employees) who are now partners in the company.
» I want to read more and receive info from DreamgirlReviews Are In For The New Comfeez Bralettes
Now that the new Comfeez bralettes from Shapeez have been sold for a while, consumer reviews have started coming in — and they are running strongly positive.
» I want to read more and receive info from ShapeezValens Distributing Ewa Bien Across The U.S.
Polish fashion brand Ewa Bien is now selling in a growing number of American stores, after its debut here at a recent trade show.
» I want to read more and receive info from Valens LingerieClaudel Lingerie: Dealing With The Crisis
The ongoing pandemic has affected apparel businesses in a variety of ways. Claudel Lingerie, a Canadian producer, shared some of its experiences with BODY Magazine. In this interview publisher Nick Monjo spoke with Claudel’s Anny-Claude Lapierre.
» I want to read more and receive info from Claudel LingerieSales ‘Almost Back To Normal’ At In The Mood
Retailers have reported a variety of experiences during the current pandemic. Karen Esposito of In The Mood Intimates located in Fairfield, Connecticut was interviewed by BODY associate publisher Ted Vayos.
» I want to read more and receive info from In The MoodBra La La: “Very Busy” Since Shop Reopened
Coping during the Covid19 shutdown and related restrictions has taken many different forms. In this interview, BODY associate publisher Ted Vayos interviewed Mary Jordan of Bra La La, an intimates store in Fulton, Maryland.
» I want to read more and receive info from Bra La LaWonderform: Selling Lingerie For 50+ Years
Wonderform Intimates, a brand launched in Montreal in 1949, continues to prosper by focusing on “affordable lingerie for women,” according to the company’s Amanda Petriello.
» I want to read more and receive info from WonderformHanes: Net +7.8% Aided By Gown & Mask Sales
Hanes second quarter net income jumped 7.8%, as sales only dipped slightly. Earnings rose because of its “ability to pivot to production and sales of personal protective garments (face masks and medical gowns) combined with relatively strong apparel performance in pandemic conditions, including 68% sales growth in the online channel.”
» I want to read more and receive info from HanesNuBra: Then And Now, Made In The U.S.A
NuBra, a leading adhesive bra producer, made what many might consider an unusual decision when it began manufacturing its patented bras almost 20 years ago: it decided to make them in the U.S. And it still does so today.
» I want to read more and receive info from NuBraQ2 VS, Pink Sales Are Expected To Fall 40%
Second quarter sales for Victoria’s Secret and Pink are expected to be down about 40% due to pandemic-forced store closures, while direct channel sales “are up significantly versus last year,” according to parent company L Brands. Results will be announced in mid August.
» I want to read more and receive info from Victoria’s SecretCalida: $10.8 Million Loss, Sales Fall 18.8%
Swiss-based Calida Group reported a loss of 9.8 million Swiss francs (about $10.8 million at current exchange rates) in the first half, as sales fell 18.8% to 146.2 million Swiss francs (about $160.4 million) compared to 180.0 million Swiss francs (about $199.9 million) during the same period in 2019.
» I want to read more and receive info from Calida GroupDreamgirl Debuts Fall, Holiday And Valentines
“Dreamgirl launched its Fall/Holiday 2020/2021 Collection, this month to a fantastic response,” according to a company spokesperson. “The orders have been so strong that we immediately sold out of certain items and rushed to reorder…. something we didn’t think would happen during these difficult times.”
» I want to read more and receive info from DreamgirlLa Senza Shrinks From 130 To 75 Locations
La Senza has apparently permanently closed all but 74 of its company-owned stores in Canada, and all but one in the U.S., according to a review of locations listed on its website at the end of July.
» I want to read more and receive info from La SenzaTo read more news, please choose the category from the news category section.
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Victoria’s Secret Sales Fall, Direct Sales Up
Total third quarter Victoria’s Secret and Pink sales shrank to $1.353 billion, from $1.578 billion in the same period last year, with store and international sales down and direct sales sharply up.
>> Read Article
November Market Week Virtual, Not In-Person
The Underfashion Club sent out an email stating the November 2020 market “will be conducted in the same manner as the August Market – with virtual appointments being scheduled around the previously established dates of Sunday, November 1st to Friday, November 6th.”
>> Read Article
Q3 Revenue Jumps 41% At Canada’s iFabric
Revenue at iFabric jumped 41% in the three months ended June 30, to $3,214,465 Canadian dollars (C$) (about $ 2.4 million at current conversion rates), up from C$2,284,507 during the same three months last year.
>> Read Article
Late January Halloween Show Is Canceled
The Halloween & Party Expo, which had been scheduled for January 22 through 24, has been canceled.
>> Read Article
Consumer Electronics Show Canceled For ’21
The largest consumer electronics show in the world, CES 2021, has canceled its physical show that had been scheduled to run January 6-9, 2021, in Las Vegas.
>> Read Article
PVH Closing 162 Outlets, Firing 450 Staff
PVH announced it was closing its 162 Heritage Brands outlets and well as firing about 450 people, or 12% of its North American “office workforce.”
>> Read Article
Upcoming Offprice And Curve Shows Canceled
Curve New York for September 2020 has been canceled. The show had originally been scheduled for early August, then postponed to September 21-23 at New York’s Javits Center.
>> Read Article
Market Week: Virtual Or In Person, August 2-7
The Underfashion Club emailed a note stating it anticipates “there will be an August market,” based on “recent input from retailers, manufacturers, and suppliers.”
>> Read Article
Curve Annouces NY Show September 21-23
After exploring the concept and dates with wholesalers and retailers in recent weeks, Eurovet Americas announced it will be holding a postponed Curve show at New York’s Javits Center (Hall 1E) September 21-23, 2020.
>> Read Article
First Day Results: People Want To Shop
Discount Fashion Warehouse, which operate nine outlet stores across Ohio, reported a dramatic return to business on Tuesday, May 12, the first day it was allowed by the state to reopen its stores
>> Read Article
Preparing Your Intimates Business To Re-Open
With some states and stores across the country starting to open for business, lingerie store owners have begun to think about how to operate with the threat of Covid 19 on everyone’s mind — now and for a long time to come.
>> Read Article
May: Updated List Of Companies For Sale
As of the start of May, FMMG Advisors was working with a number of companies and brands for sale (see the list below). Contact Nick Monjo at (917) 602-9430 or Nick@FMMG.com for information.
>> Read Article
Online ‘Module’ Helps Reps Increase Sales
Tim McNamara of McNamara Publishing has created an online sales tool called the “Module,” designed primarily to be used by sales representatives or wholesalers.
>> Read Article
PVH Announces Many Furloughs, Other Steps
PVH announced an extensive list of steps it is taking, including furloughs and salary reductions, to “navigate the COVID-19 pandemic and its effects on its associates and the company’s business and financial position.”
>> Read Article
May Intimates Market Officially Canceled
With stores canceling or pushing back orders, and most seeing no need to travel to showrooms in the midst of the virus crisis, May Market for intimates, at least in a physical sense, has been canceled.
>> Read Article
Corin Begins Production Of Face Masks
Corin, the Polish bra producer, has began the production and sale of protective face masks to help in the fight against the Coronavirus pandemic.
>> Read Article
VS, Pink Now Close Online Stores Til 3.30
Victoria’s Secret and Pink announced Thursday afternoon, March 19, that they are closing their online stores through March 29. This comes after both brands had earlier announced the closing of their brick and mortar stores until March 30.
>> Read Article
Simon Closed All U.S. Malls, Outlets Until 3.29
Simon Property Group, “in recognition of the need to address the spread of COVID-19,” closed all of its U.S. malls, outlets and mills in the U.S. late yesterday, with openings scheduled for March 29.
>> Read Article
Soma Closes All Stores, Outlets Until April 1
Soma’s parent company Chico’s FAS announced it was closing all its stores in North America immediately and “for the next two weeks.”
>> Read Article
Aerie, Victoria’s Secret, Pink Shut Temporarily
Aerie, Victoria’s Secret and Pink are closing their U.S. and Canada stores temporarily in response to the continued spread of COVID-19.
>> Read Article
VS, Pink Sales Fell 8% In 2019 To $6.8 Billion
Days after announcing the sale of a majority stake in its lingerie divisions, L Brands reported that Victoria’s Secret and Pink store and direct sales for 2019 fell 8% to $6.8 billion, from $7.4 in 2018. Fourth quarter sales fell 10% to $2.3 billion, from $2.5 billion in the same quarter last year.
>> Read Article
Delta Galil 2019 Sales +13% To $1.69 Billion
Delta Galil sales in 2019 rose 13% to an “all time high” of $1.690 billion, from $1.498 billion in 2018. Fourth quarter sales jumped 11% to $504.8 million, up from $454.3 million in the same quarter last year.
>> Read Article
Sycamore Buying Majority Of Victoria’s Secret
L Brands announced it is selling a “majority 55% interest in Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink” to Sycamore Partners “with L Brands retaining 45% minority stake, at a total enterprise value of $1.1 billion.”
>> Read Article
NILS: Over 200 Stores, Many New Brands
The New International Lingerie Show (NILS) has been signing new exhibitors and expects over 200 retailers for its Spring 2020 show, March 16 through 18, 2020 at the Tuscany Suites & Casino in Las Vegas.
>> Read Article
Hanes Q4 Innerwear Sales -4.1%, Profit +4.7%
Hanesbrands Innerwear segment sales fell 4.1% in the quarter ended December 28, 2019, while the division’s operating profit rose 4.7%. For the full year, sales were down 3.2% and operating profit was down 2.1%.
>> Read Article
Times Report: ‘Culture of Misogyny’ At VS
At the beginning of February the New York Times published a damning report under the headline “‘Angels’ in Hell: The Culture of Misogyny Inside Victoria’s Secret.”
>> Read Article
WSJ: Victoria’s Secret May Be For Sale
The Wall Street Journal reported recently, without naming sources, that L Brands’ CEO Leslie Wexner is in talks to sell all or part of Victoria’s Secret, naming Sycamore Partners as an interested party.
>> Read Article
Bankruptcy Petition Filed Against La Senza
MGF Sourcing and two other suppliers filed an involuntary bankruptcy case against La Senza International Canada, LLC, in an effort to get paid on about $43 million in what they claim are overdue bills.
>> Read Article
ThirdLove In Suit Over $5 Million In Damages
Magic Link, a producer of intimate apparel with production facilities in Asia, is in the midst of a court case with the retailer ThirdLove, in which Magic Link seeks damages in excess of $5 million.
>> Read Article
Official Announcment: Curve LA, Feb. 23 & 24
While executives have been quietly discussing the possibility for months, Curve has finally officially announced a new lingerie and swim show to be held this February 23 and 24 at the Westdrift Manhattan Beach Hotel in California.
>> Read Article
VS, Pink Q3 Comps -7%; Large Charges Taken
Victoria’s Secret and Pink parent L Brands reported a third quarter loss of $252.0 million on sales of $2.677 billion, compared to a loss of $42.8 million on sales of $2.775 billion in the same period last year.
>> Read Article
Analysts: Troubles Ahead For Amazon As Nike Departs
Nike recently decided to stop wholesaling its products to Amazon Retail, prompting a variety of assessments from analysts and the business media, many of them suggesting there are serious problems ahead for the online behemoth.
>> Read Article
Delta Galil Q3 Sales +20%, Net Income +46%
Delta Galil’s third quarter sales rose 20%, to $446.1 million, up from $370.8 million in the third quarter of 2018. Meanwhile net income jumped 46% to $14.0 million, compared to $9.6 million in the three months ended September 30, 2018.
>> Read Article
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
To read more news, please choose the category from the news category section.
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