New on the Lively website: The Palm Lace Busty Bralette ($38) and The Long-Lined Lace Bralette ($35)
Sales at Lively, the lingerie brand acquired by Wacoal in 2019, dropped to $29.8 million in the year ended March 31, 2023, compared to $39.3 million the year before.
» I want to read more and receive info from WacoalPuma and Australia-based Modibodi, the period underwear company that was recently acquired by Essity, have added a new sports line “made for maximum protection and performance on and off the court, field or gym floor.”
» I want to read more and receive info from ModibodiAerie sales rose 11.6% while operating income jumped 31.4% in the first quarter of 2023, led by sports bras, activewear.
» I want to read more and receive info from AerieAnthony Coombs, the owner of the intimates brand Splendies, explained the brand’s close connection with the curvy consumer in an interview with BODY publisher Nick Monjo. Formerly a subscription only brand, the company has recently launched a wholesale collection.
» I want to read more and receive info from SplendiesValens Lingerie has taken on the distribution of the Polish brands Vanilla and Oh! Zuza Night & Day, which will be will be exhibiting at the upcoming Curve show in New York.
» I want to read more and receive info from ValensDreamgirl’s bridal styles encompass a wide range of silhouettes that cover customers throughout all the events associated with a wedding.
» I want to read more and receive info from DreamgirlPlayboy, as it reported a decline in sales and a big first quarter loss, announced it is “exploring strategic alternatives for Lovers and Honey Birdette,” which could apparently include exiting both of those retail businesses.
» I want to read more and receive info from PlayboyHanesBrands Innerwear segment sales declined 4.5% in the first quarter to $553.067 million, compared to $578,947 million in the same period last year.
» I want to read more and receive info from HanesBODY Magazine’s May issue is out, featuring Polish brand Axami on the cover and a profile of the Clair de Lune lingerie boutique in Leawood, Kansas. Also included is the latest industry news and a profile of a new brand, Higher Loyalty, which seeks to bring “a higher standard for organic underwear” to the market. Follow this link for the online, page turning verions of the issue: https://indd.adobe.com/view/4a33251e-4c27-4557-a7ab-ed666606000d
» I want to read more and receive info from BODYVictoria’s Secret recently launched a collection in conjunction with Naomi Osaka, the Japanese professional tennis player.
» I want to read more and receive info from Victoria’s SecretDreamgirl has translated another fashion trend into its lingerie collection. “In an ode to the early aughts and a nod to the current lingerie slip skirt set making a huge comeback, this season’s versions are a vibe,” according to a spokesperson.
» I want to read more and receive info from DreamgirlEloquii, the plus size brand that was recently sold by Walmart to FullBeauty Brands, “launched its first exclusive swimwear collection with Gabi Gregg of @GabiFresh.” The collection includes swimsuits and resort wear in sizes 14 to 32.
» I want to read more and receive info from EloquiiKathy Ireland Worldwide has launched a new swim collection for HSN in partnership with the Amerex Group.
» I want to read more and receive info from AmerexA new version of Fit:Match, a digital body measuring technology that has been offered in Savage X Fenty retail stores, launched at the brand’s new Lenox Square Mall location in Atlanta.
» I want to read more and receive info from Savage X FentySheertex, which produces “rip-resist tights,” has added Watertex, “the first swimsuit that towel wipes dry.”
» I want to read more and receive info from SheertexTefron Ltd. reported net income of $7,447,000 on sales of $222,310,000 in 2022, compared to $14,352,000 on sales of $261,346,000 in 2021.
» I want to read more and receive info from TefronEtam, the French lingerie brand which claims to operate “more than 850 stores” in 50 countries throughout Europe, the Middle East, Latin America and Asia, announced it will open its first U.S. shop in the Dadeland Mall in Miami this summer.
» I want to read more and receive info from EtamKnix, the brand that features period underwear, has launched “its biggest swim collection to-date.”
» I want to read more and receive info from KnixHigher Loyalty, which launched last September, is a new brand that strives “to reach a higher standard for organic underwear,” according to co-founder Jessica Owusu-Afriyie.
» I want to read more and receive info from Higher Loyalty“A great way for retailers to build sales during the summer months is with adhesive NuBra Beach Enhancers, silicone inserts specifically designed to be worn under swimsuits, both in and out of the water” explained the company’s Daren Peng.
» I want to read more and receive info from NuBraPlayboy announced today that it has sold its Yandy Enterprises, LLC subsidiary for $3 million. They did not name the buyer in the release.
» I want to read more and receive info from PlayboyCalida Group 2022 net income rose to 21.8 million CHF, Swiss francs, (about $23.9 million at current exchange rates) on sales of 323.9 million CHF (about $354.7 million), compared to net income of 15.2 million CHF on sales of 298.4 million CHF last year.
» I want to read more and receive info from CalidaWacoal’s U.S. division reported an operating loss of 9,587 million yen (about $73 million at current exchange rates) in the first nine months, as it was forced to record an impairment charge of “10.11 billion yen” (about $76 million) relating to the declining value of its Lively intimate apparel brand.
» I want to read more and receive info from WacoalFestival apparel is an important category for many stores, and Dreamgirl previews the highlights of this season’s collections.
» I want to read more and receive info from Dreamgirl“This bra is wonderful, wonderful, wonderful. All the others I’m throwing away!” So declared Suellen, a recent Shapeez customer.
» I want to read more and receive info from Shapeez“One sure way for NuBra retailers to build the affection of customer, while at the same time adding to sales, is to introduce them to our collection of accessory straps and clips,” declared the firm’s Daren Peng.
» I want to read more and receive info from NuBraVictoria’s Secret net income plunged as sales slipped in both the full year and fourth quarter. The company in particular admitted to serious problems with its Pink brand that will require an “urgent reinventing” of the label, something that has already begun.
» I want to read more and receive info from Victoria’s SecretSales at Soma dipped a bit in the fourth quarter and full fiscal year 2022, and the brand announced it was slowing the previously announced pace of new store openings in 2023.
» I want to read more and receive info from SomaAerie reported “all-time high fourth quarter revenue and operating profit” in the fourth quarter. For the full year, however, while sales were up, operating profit was down at the lingerie division of American Eagle Outfitters.
» I want to read more and receive info from AeriePlayboy reported another loss in the fourth quarter, as well as a 28% decline in net revenue, and revealed it is “very close to selling” Yandy.com, the online retailer it acquired at the end of 2019.
» I want to read more and receive info from PlaybodyFor the year 2022, Van de Velde reported a 14.9% increase in profit to 36.8 million euros (about $39.5 million at current exchange rates), as sales rose 8.4% to 211.7 million euros (about $227 million).
» I want to read more and receive info from Van de VeldeOver the past two decades, adhesive bras have become a standard part of the wardrobe of modern women, something every retailer of apparel should have in the store. Which brand to carry is crucial, however, since the quality of manufacture and type of adhesives used vary widely from company to company.
» I want to read more and receive info from NuBra“Think Sexy, Shop Sustainably,” is a core belief at UCA Lingerie, and one reason it has found a growing following among North American retailers.
» I want to read more and receive info from UCA LingerieYou Lingerie is the logical choice for consumers seeking a comfortable, long lasting maternity bra at a great price. And the brand is the intelligent choice for specialty store retailers because the the company caters to their unique needs and does not sell online.
» I want to read more and receive info from You LingerieSplendies is an exciting new intimate apparel option for retailers. Founded a decade ago on a subscription model, the company has already sold millions of pairs of underwear in the U.S. and is now offering a wholesale collection to stores.
» I want to read more and receive info from SplendiesShapeez is expanding in several directions in 2023, with one of the most significant additions being the new Comfeez Lace bralette.
» I want to read more and receive info from ShapeezYou Lingerie reported a successful launch for the its latest design, a minimizer bra, (style name Naomi) that is now available to stores across North America.
» I want to read more and receive info from You LingerieWith spring fast approaching, Dreamgirl has released its 2023 Simply Sexy collection, and previews some of the highlights below.
» I want to read more and receive info from DreamgirlDelta Galil 2022 net income slipped 4% to $115.38 million as sales rose 4% to hit $2.03 billion.
» I want to read more and receive info from Delta GalilMeMoi, the intimates, apparel and hosiery brand, has added a new Luxe collection of “high-end luxury sheer pantyhose, inspired by the beauty of natural elegance,” according to a company spokesperson.
» I want to read more and receive info from MeMoiIn early January, Fruit of the Loom announced a new “partnership and licensing agreement with Lamour, Inc., to manufacture and sell Fruit of the Loom branded socks for the family.”
» I want to read more and receive info from LamourSalomé, an established Ecuadorian lingerie collection with an American distributor, is coming to Curve for the first time.
» I want to read more and receive info from SaloméFoxers is returning to the Altitude show in Las Vegas, March 20-22, at the Paris Hotel with new and existing designs.
» I want to read more and receive info from FoxersNuudii System, a new take on supports for the breasts, launched about three years ago, and is coming to Curve to expand its wholesale business.
» I want to read more and receive info from Nuudii SystemMeMoi, the intimates, apparel and hosiery brand, previewed its 2023 Sleepwear Collection.
» I want to read more and receive info from MeMoiIn mid January, Party City and certain of its domestic subsidiaries entered Chapter 11 bankruptcy. Many producers in the intimate apparel and costume industry sell product to the retailer.
» I want to read more and receive info from Party CityThe Wells Apparel Group has reported early success with the British lingerie, sleepwear and swim label, With Love Lilly.
» I want to read more and receive info from Wells Apparel GroupDreamgirl, a leader in lingerie, hosiery, costumes and wigs, also offers an extensive collection of bodystockings, with new designs for 2023.
» I want to read more and receive info from DreamgirlMs. Mischief is a new silk sleep and lounge brand created by Michelle Stein, an attorney who is bringing the collection to the Curve show in New York in February.
» I want to read more and receive info from Ms. MischiefShapeez, a company with a growing family of bras and intimates solutions products, pointed to a compelling statistic for retailers looking for products to boost sales and guarantee happy customers in 2023: 3320 five star customer reviews and counting.
» I want to read more and receive info from ShapeezLess Is A’mor is a Canadian brand, that has sold to a variety of stores there since launching in 2014. It will come to Curve for the first time in New York seeking to expand its U.S. distribution.
» I want to read more and receive info from Less Is A’morTo read more news, please choose the category from the news category section.
DoorDash, which began as a food delivery service, has just announced new partnerships with Victoria’s Secret, Party City and Lush Cosmetics.
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Victoria’s Secret plans to bring back its fashion show, a “reimagined” version that will appear as a film that unites “fashion, film, art and culture” and will “culminate in a live fashion event.”
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First quarter profit fell dramatically at Delta Galil, from $18.9 million last year to $3.0 million this year, as sales slid 9%, with the company citing a “heavily promotional retail landscape.”
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Adam & Eve Franchise Corporation (AEFC), a division of AdamEve.com, announced the opening of the retailer’s 102nd location, this one near Houston. According to the company the latest shop is the 18th Adam & Eve to open in Texas.
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Party City and some affiliated companies filed for bankruptcy earlier this year, announcing a restructuring plan that will reduce its debt.
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Delta Galil appointed Mark Stocker president of its Delta Galil Branded Division, effective January 30, 2023. His previous experience includes almost two decades at Macy’s.
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It has been widely reported that Thinx settled a lawsuit in November that alleged its period panties contained harmful chemicals.
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To start the new year, FMMG Advisors is working with a large number of interesting wholesale brands and retail shops that are for sale or are seeking investors. 2022 proved to be an extraordinary period for those selling all or a portion of their intimates businesses, with well over $1.2 billion in transactions taking place.
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Victoria’s Secret completed, on January 3, 2023, the acquisition of Adore Me, Inc. that it had first announced in early November.
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Despite declines at Bare Necessities, parent company Delta Galil third quarter sales rose 2.2% to $512.002 million from $501.066 million in the three months ended September 30, 2021, while net income jumped 10.0% to $36.106 million from $32.487 million.
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Operating profit at the U.S. division of Wacoal was down 47.5% in the first fiscal half year, while sales rose 7.6%.
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DG Brands, the company that produces Dreamgirl lingerie, legwear and costumes, promoted two long time executives. Gihan Gabor has been named president and will report to DG CEO Barry Revzen.
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Valens Lingerie is now handling distribution for the Israel-based brand, You Lingerie, to certain U.S. accounts. Contact: https://www.ValensLingerie.com; contact@ValensLingerie.com; (610) 400-8460, attention Thomas Dorsey.
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Hanes Innerwear division operating profit dropped 32.4% in the third quarter as sales for the segment fell 11.0%.
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Victoria’s Secret announced it is acquiring Adore Me, Inc. for $400 million plus additional payments over the next two years.
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Hanesbrands second quarter Innerwear division operating profit fell 23.9% to $141.659 million, as sales for the division dropped 12.2% to $685.778 million. The segment reported operating profit of $186.169 million on sales of $780.650 million in the 13 weeks ended July 2, 2021.
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Revenue at iFabric’s Intimate Apparel Division increased by 19% to $2,136,503CAD (Canadian dollars, about $1.63 million at current exchange rates) in the quarter ended June 30, up from $1,794,529CAD (about $1.37 million) in the division’s same third quarter of 2021.
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A popular new song by JAX called “Victoria’s Secret” complains about the pressure the singer felt growing up to look more like the brand’s “itty bitty models” of yore.
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Delta Galil second quarter net income fell 16.9% to $22.661 million as sales rose 7.8% to $491.251 million. Earnings were impacted by expenses related to the company’s closing of a China factory as it moved some production to Vietnam.
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The New International Lingerie Show continues to build momentum, with 49 exhibitors already signed for the upcoming show September 12 and 13, at the Tuscany in Las Vegas.
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Hop Lun, the Hong Kong-based intimate apparel firm, is selling a controlling stake to Platinum Equity, an investment firm with a portfolio of companies in a wide variety of different industries.
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The owner of a Midwest dancewear shop, with over 20 years in operation, is looking to sell the business and retire. It is the leading dance specialist in the area, with a vast customer base, inviting retail display area, low rent and large storage space. Contact Nick Monjo at (917) 602-9430 or Nick@FMMG.com for information.
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The New International Lingerie Show “is anticipating another great show, September 12 and 13 at the Tuscany in Las Vegas,” organizer Tim McNamara told BODY.
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Meghan Davis was named CEO of Thinx, Inc. replacing Maria Molland who announced her retirement.
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Net income at Delta Galil rose to $18.945 million on sales of $483.873 million in the first quarter, compared to earnings of $15.081 million on sales of $416.135 million in the three months ended March 31, 2021.
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An exceptional mastectomy shop is now for sale in Florida. The business boasts a profitable business history of many years, low rent, high traffic location with excellent parking, as well as a certified bra fitter who seeks to remain with the business under new ownership.
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Victoria’s Secret earned $646.4 million on sales of $6.785 billion in 2021 compared to a loss of $72.316 million on sales of $5.413 billion in 2020.
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2021 sales rose 19.2% at the Calida Group, the lingerie firm that is parent to the Calida, Aubade and the newly acquired Erlich Textil brands. Online sales rose 26.7% and represented 27% of total sales.
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Intradeco Holdings, a Miami-based supplier of casual clothing and thermal underwear to major retailers in the U.S., Mexico, and Canada, announced it is in the process of “investing over $100 million in Central America to make the most of the CAFTA-DR and nearshoring opportunities, advance full circularity, and expand solar power with three major projects.”
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Toronto-based iFabric reported record annual revenue of $19,763,672 (in Canadian dollars, about $15.7 million at today’s exchange rates), for its fiscal year ended September 30, 2021. Net earnings after tax attributable to shareholders were $2,369,698 (about $1.9 million).
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The big Paris lingerie and textile trade shows, originally scheduled for January 22-24, have been postponed until June 18-22 due to Covid.
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Curve New York is moving back to the Javits Center for its next show, February 27, 28 and March 1st. Curve will also host a show in Los Angeles on March 6 and 7.
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The Evolution Concept Show has expanded its in-person lingerie exhibition scheduled for February 26 through March 1, 2022 at 873 Broadway (between 18th & 19th Street).
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Gildan Activewear acquired Frontier Yarns in December for approximately $168 million.
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Delta Galil expects to be a $2 billion company by the end of 2022 according to its own sales projections, a 10% increase over full year 2021 projections.
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A highly profitable mastectomy and lingerie shop in the New York City area is for sale. Owner has been working part time yet also draws a salary of $100,000. There are many easily achievable ways to expand both sales and profits. Contact Nick Monjo at (917) 602-9430 or nick@FMMG.com for more information.
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Matthew Fink, managing director of Fastech and S&S Industries, suppliers of the many components that go into apparel, especially bras and other intimates, was interviewed by BODY publisher Nick Monjo. The focus was Fink’s growing business in India, and how that relates to his other operations in China. Fink is also the president of U.S. operations at Magic Link Garment and CEO of the SX Investment Group.
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Delta Galil earned $32.5 million on sales of $501.1 million in the third quarter, compared to a profit of $19.5 million on sales of $382.9 million in the three months ended September 30, 2020.
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For sale: long established and always successful East Coast lingerie shop, now enjoying its most profitable year in nearly a decade. (Listing 29671). Contact Nick Monjo at (917) 602-9430 or at Nick@fmmg.com.
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Delta Galil, which is already a public company on the Tel Aviv stock exchange, has filed to “list its ordinary shares on the Nasdaq Global Select Market in the United States under the ticker symbol DLTG.”
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Naked Brand Group, which produces intimates under the licensed Frederick’s of Hollywood label, announced it was somewhat closer to a long anticipated partnership with another firm.
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The Intimate Apparel Division at iFabric returned to profitability in the quarter ended June 30, as company sales jumped 29.3% to $4,155,829CD, (Canadian dollars, or about $3,282,897 at current exchange rates) compared to $3,214,465CD (about $2,539,266) in the same quarter last year.
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“After a series of productive and health-conscious apparel shows this summer, the New International Lingerie Show continues to grow, now with over 300 retail accounts pre-registered and 50 exhibitors signed for its event September 13 and 14 in Las Vegas,” co-owner Tim McNamara told BODY.
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The two day Curve show, August 1st and 2nd, drew a host of brands to a new location in downtown Manhattan: Spring Studios.
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In March, BODY publisher Nick Monjo interviewed Dreamgirl owner Barry Revzen about his experience with rising intimate apparel prices at Chinese factories. In this installment, the producer explains how rising prices, and a host of other issues, are continuing to plague Chines production.
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To read more news, please choose the category from the news category section.