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Is Skims Worth $500 Million? $1.6 Billion?

Forbes and Kim Kardashian West herself have offered two very different estimates as to the current valuation of her privately held Skims shapewear and loungewear brand.

» I want to read more and receive info from Skims

NuBra To Introduce A New Panty Collection

NuBra, a leading adhesive bra producer, is about to add the NuBra Seamless Panty in three styles: Bikini, Tanga, and Hipster Brief, according to the company’s Dennis Chen.

» I want to read more and receive info from NuBra

Bra Expert Jené Luciani Launching New GemBra

Jené Luciani, a widely known industry author and expert on bras, who has advised on and helped sell a wide array of intimates for various companies, is about to launch a new bra of her own: the GemBra.

» I want to read more and receive info from GemBra

Corin’s Virginia 871 Now Offered In Pecan

Corin’s best selling Virginia 871 collection is now available in a new color: Pecan.

» I want to read more and receive info from Corin

Playboy: Sales +118%, Loss Shrinks To $512K

Playboy sales in 2020 included Yandy.com.

Playboy Enterprises sales in the fourth quarter, jumped to $46,327,000, up from $21,239,000 in the same quarter in 2019. Significantly, sales in 2020 included revenue from Yandy.com, which Playboy acquired on the last day of 2019.

» I want to read more and receive info from Playboy

Naked: ‘$270 Million In Cash And No Debt’

Naked Brand Group has recently moved closer to transforming itself into a “pure-play e-commerce platform,” while at the same time completing “multiple strategic capital financings resulting in cash proceeds of $270 million and the elimination of all previous debt servicing obligations.”

» I want to read more and receive info from Naked Brand Group

Eric Ehrens, Industry Executive, Passed At 71

Eric Ehrens and his daughter Crystin at a trade show in 2016.

Eric Ehrens, a fixture in the intimate apparel and costume industries, passed away on March 25th at the age of 71 after a long illness.

» I want to read more and receive info from Eric Ehrens

Interview: Barry Revzen On China Price Increases

BODY publisher Nick Monjo interviewed Dreamgirl owner Barry Revzen on the subject of rising lingerie producer prices.

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Dreamgirl Expands Boxed Line For 2021

Dreamgirl saw a surge in lingerie sales as people worked from home this past year, according to a spokesperson. “Specifically sexy lingerie and hosiery.”

» I want to read more and receive info from Dreamgirl

Locations Revealed For Some New Aerie Stores

Leggings from Offline by Aerie.

The exact location of seven of the new Aerie lingerie and two Offline activewear stores, that will open in the second half of the year, was revealed in an announcement by Westfield Shopping Centers.

» I want to read more and receive info from Aerie

Mapalé: New Lingerie Vol. 2 2021 Collection

Mapalé has just introduced its Lingerie Vol. 2 2021 Collection, including “two-piece sets, baby dolls, three-piece garter sets, teddies,” with retail prices averaging from $19.95 to $39.95.

» I want to read more and receive info from Mapale

Hanes Intro’s Low Cost PouchBoxer Briefs

Left, Hanes’ new briefs, right, Saxx Vibe briefs.

Hanes has just made an important move into the men’s pouch underwear space with its inexpensive Comfort Flex Fit Total Support PouchBoxer Briefs, which it is offering “with three-packs starting at $16.98.”

» I want to read more and receive info from Hanes

Intimissimi Is Now Distributing From U.S.

Intimissimi lingerie on its website.

In signing a contract with a U.S. based distribution service, the Calzedonia Group has taken another significant step in its expansion across the U.S. Since launching here in 2017, the company has already opened almost 50 stores, selling Intimissimi lingerie and knitwear, and Calzedonia legwear and swimwear.

» I want to read more and receive info from Intimissimi

2020 Sales: Calida -3.5%, Aubade -11.9%

Examples of Aubade and Calida lingerie.

Calida underwear sales fell 3.5% in 2020, while Aubade sales dropped 11.9%. Both brands are part of Switzerland-headquartered Calida Group.

» I want to read more and receive info from Calida Group

NuBra Recently Added NuORDER Portal

Screenshot of the NuBra portal.

NuBra has recently launched a new business to business portal that makes it easier for its customers and representatives to manage their interactions with the company.

» I want to read more and receive info from NuBra

Post: VS Could Now Be Worth Over $4 Billion

Screenshot of the Victoria’s Secret website.

The New York Post recently published an article entitled “Victoria’s Secret Has Soared In Value During The Pandemic,” quoting two stock analysts that say the business could be valued at over $4 billion.

» I want to read more and receive info from Victoria’s Secret

AEO To Open 50 Aerie, 30 Offline Shops In ‘21

Aerie, as it announced another sales and income jump in the fourth quarter, reported it is planning to open 50 new Aerie intimates stores and 30 Offline activewear shops this year.

» I want to read more and receive info from Aerie

Soma Fourth Quarter Sales Jumped 12.5%

Soma bras.

“Soma sales for the back half of fiscal 2020 were the highest in the history of the brand,” according to Molly Langenstein, CEO of parent company Chico’s FAS, speaking during the fourth quarter conference call with analysts.

» I want to read more and receive info from Soma

Playboy Bought Yandy For $13.1M In 2019

Playboy acquired Yandy for $13.1 million on December 31, 2019. The deal included “substantially all of the assets and liabilities, excluding outstanding borrowings.”

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Aerie: 550 Stores, Sales of $2 Billion In 2023

Aerie sales for fiscal 2020 will hit $1 billion, and the brand plans to invest heavily in new stores and digital growth, projecting fiscal 2023 sales of $2 billion and operating income of $310 million.

» I want to read more and receive info from Aerie

Victoria’s Secret To Be Separate Firm In August

L Brands revealed that it is expecting its Victoria’s Secret and Pink lingerie division will be sold or spun off as a separate company in August 2021.

» I want to read more and receive info from Victoria’s Secret

iFabric Extends Its Maidenform License

A portion of iFabric’s “Maidenform Collection.”

iFabric’s Coconut Grove Pads Inc. subsidiary has extended, through the end of 2021, its license and distribution agreement for the use of the Maidenform label on “intimate apparel accessories and specialty bra solutions.”

» I want to read more and receive info from iFabric

Leading Dancewear Store In Midwest For Sale

The owner of a leading adult dancewear specialty store in the Midwest is looking to find a new owner for his business.

» I want to read more and receive info from dancewear specialty store

Claudel Already Booked Big Orders For Fall 2021

Canada-based Claudel Lingerie is off to a strong start for 2021, with a sizable sleep and lounge order from Hudson Bay Company, among others, and new collections from its Midnight Maddie and Comfort & Co. brands.

» I want to read more and receive info from Claudel Lingerie

Dia.com Has Just Added Lingerie In Sizes 14-32

Dia.com, also known as Dia&Co, an apparel website founded in 2015 “for style in sizes 14-32,” has just added an intimates category.

» I want to read more and receive info from Dia.com

Dreamgirl Owner Barry Revzen Talks Hosiery

BODY publisher Nick Monjo interviewed Dreamgirl owner Barry Revzen about the company’s growing hosiery collection.

» I want to read more and receive info from Dreamgirl

Fabletics Activewear With Actress Madelaine Petsch

Madelaine Petsch wearing Nova Low Impact Sports Bra and Oasis High-Waisted Pocket 7/8 Legging

Fabletics has launched a new activewear collection in partnership with Riverdale actress Madelaine Petsch, “built off the success of their first collaboration last summer.”

» I want to read more and receive info from Fabletics

VS, Pink Comp Sales -3% In Fourth Quarter

Victoria’s Secret panty promotion.

Victoria’s Secret and Pink comparable store and direct sales fell 3% in the three months ended January 30, 2021. The results included company-operated stores in the U.S., Canada, Greater China and the U.K. (before a joint venture in which a U.K. retailer took a majority stake in operations there).

» I want to read more and receive info from Victoria’s Secret

VS Swim Catalog Arriving In Mail March 1

Victoria’s Secret recently announced the “return of swim in stores,” adding that a print “2021 Swim magalog” will be “hitting mailboxes March 1.”

» I want to read more and receive info from Victoria’s Secret

Van de Velde 2020 Sales -22.1%, Profit -30.6%

Marie Jo, PrimaDonna, Andres Sarda.

Van de Velde earnings in 2020 fell 30.6% while sales dropped 22.1%.

» I want to read more and receive info from Van de Velde

Valens: New Corin Push-Up Bra, Panties, T-Shirts

Corin’s ‘Dolly’ push up bra; right ‘Kylie’ panties.

Valens Lingerie, the U.S. distributor of Corin, a leading Polish brand, discussed several recent introductions to the line.

» I want to read more and receive info from Corin

Figleaves.com, Early Lingerie Site, Closes

Figleaves.com, the U.K. based site, launched in 1998, closed permanently at the end of February. It was one of the first online stores that focused on intimate apparel and underwear.

» I want to read more and receive info from Figleaves

Shapermint Provides Many Claims Of Success

Shapermint, in a press release announcing that one of its several co-founders, chief marketing officer Massimiliano Tirocchi, had been named to Forbes’ 30 Under 30 list of accomplished business executives, provided several additional claims of business success.

» I want to read more and receive info from Shapermint

Interview: NuBra Introduces The Nu Cami

Image used in advertisements for the Nu Cami.

NuBra recently launched a new addition to its adhesive bra and solutions products collection, the Nu Cami. In this interview, BODY publisher Nick Monjo talks with the company’s Dennis Chen about the product, which combines an adhesive bra with a removable lace covering.

» I want to read more and receive info from NuBra

Interview: Dreamgirl’s Barry Revzen Reports

Barry Revzen, president of Dreamgirl, recently acquired the company from the Chinese owner. In this interview, conducted in late December, BODY publisher Nick Monjo asked about the transition, the pandemic, and Halloween.

» I want to read more and receive info from Dreamgirl

Corin’s Margaret 718 Bras: A Blaze Of Colors

For Spring 2021, Corin offers “a blaze of colors” with its Margaret 718 fashion collection.

“Fashion draws from nature, which is why the charming Margaret 718 collection includes not only floral motifs, but also an energetic and bold color reminiscent of fuchsia,” according to a spokesperson. “This is one of the most feminine of colors.”

» I want to read more and receive info from Valens Lingerie

Interview: FinallyBra Founder Elizabeth Wang

Elizabeth Wang and FinallyBra styles.

FinallyBra, a long established bra producer with strong sales, is looking to expand its wholesale business in the U.S. in 2021. In this interview, BODY associate publisher Ted Vayos discussed plans with founder Elizabeth Wang, an IT-engineer-turned CPA, who found her “ultimate passion in bra design and engineering.”

» I want to read more and receive info from FinallyBra

Texco: Eco-Friendly Hook And Eye Line

Texco, a leading global manufacturer of hook and eye tape, has developed a new eco-friendly hook and eye line to meet the needs of their customers worldwide.

» I want to read more and receive info from Texco

Rigby & Peller Down To Just Five U.S. Shops

The Rigby & Peller store in the Oakbrook Center mall in Illinois has closed, dropping the chain to five stores in the U.S. At one time the chain, formerly known as Intimacy, had almost 20 locations here.

» I want to read more and receive info from Van de Velde

No Femmy Gala; Virtual February NY Market

The 2021 Femmy Gala has been canceled, and the February New York market “will be conducted with virtual appointments being scheduled around the previously established dates of Sunday, January 31st to Friday, February 5th,” according to the Underfashion Club.”

» I want to read more and receive info from Underfashion Club

Famous Atlanta Shop ’Necessities’ Is For Sale

Necessities by Sherrie, a profitable and well known lingerie shop in the Atlanta area is for sale. No, the pandemic is not prompting the sale, but rather a recent change of jobs to Texas, on the part of the husband of shop owner, Sherrie Strong.

» I want to read more and receive info from Necessities by Sherrie

Cindy Kelly: President Of Sales At Dayleen

Cindy Kelly and Michael Chernoff.

Cindy Kelly was named president of sales at Dayleen Intimate Apparel, the company which owns the Dominique brand. She joined the company as of December 1.

» I want to read more and receive info from Dayleen Intimate Apparel

Spencer Spirit Elevates Silvera To President

Spencer Spirit Holdings added the title of president to Isaac Silvera, a long time executive who already serves as COO and CFO.

» I want to read more and receive info from Spencer Spirit Holdings

Many Companies For Sale Heading Into 2021

FMMG Advisors is working with a number of companies that are for sale or are looking for equity partners. Several of these clients have patented or patent-pending inventions they are looking to sell or license. Find descriptions below. Contact Nick Monjo at Nick@FMMG.com or (917) 602-9340 for more information.

» I want to read more and receive info from FMMG, Inc.

Aerie Q3 Sales +34%, Digital Portion +83%

A bralette in Aerie’s Gingerbread Lace collection.

In the third quarter, “Aerie’s revenue increased 34%, following a 26% increase last year,” according to parent company American Eagle Outfitters (AEO), driven by 83% growth in digital revenue. Annual sales for the lingerie division should hit $1 billion this year.

» I want to read more and receive info from Aerie

Playboy Reports Q3 Net Income Of $1.27 Million

Playboy Enterprises, benefiting, in part, from its 2019 acquisition of Yandy.com, reported net income of $1.266 million on sales of $35.004 million in the three months ended September 30, compared to a loss of $3.361 million on sales of $18.782 million in the same three months last year.

» I want to read more and receive info from Playboy

Dreamgirl: 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 Dreamgirl

Comfeez 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 Shapeez

John 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 Secret

La 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 Perla

Midnight 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 Lingerie


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Wexner Exits L Brands Board, 2 Women Added

Les Wexner is leaving the board of L Brands, the owner of Victoria’s Secret. The founder of the company had most recently served as chairman emeritus of the firm, after giving up the board chairmanship.
>> Read Article

Interesting Intimates Firms Seeking Buyers

With more vaccinations, and the pandemic beginning to wind down, many business opportunities have become available across the intimate apparel and related markets.
>> Read Article

Delta Galil: Q4 Profit of $23.7M, Loss For Year

Delta Galil reported a profit of $23.74 million on sales of $459.68 million in the fourth quarter. But for the year, the company lost $40.52 million on sales of $1.446 billion.
>> Read Article

Curve Announces An In Person Show August 1-3

Curve has announced it will hold an in person lingerie show in New York, August 1-3, noting that the “location is TBD.”
>> Read Article

Wacoal 9 Month Sales -20.2%, Earnings -54.9%

Sales fell 20.2% and earnings declined 54.9% in the first nine months at Japan-based Wacoal Holdings Corp.
>> Read Article

Playboy Announces Deal To Buy 41 Lovers Stores

Playboy Enterprises, Inc., which has just emerged as a public company, “announced that it has entered into a definitive agreement to acquire TLA Acquisition Corp., the parent company of the Lovers family of stores,” which includes Peekay stores. Purchase price was “approximately $25 million of cash.”
>> Read Article

Hanes Innerwear Sales Jumped 19.7% In Q4

Hanes Innerwear sales overall jumped 19.7% to $668.2 million in the quarter ended January 2, 2021, from $558.3 million in the same quarter last year.
>> Read Article

Naked: $46.9 Million In GameStop-Style Surge

Naked Brand Group took advantage of a recent “GameStop-style surge” in its stock price to sell 29,415,000 of its shares and generate net proceeds of approximately $46.9 million.
>> Read Article

Public Playboy Names Lance Barton CFO

Playboy, which has completed the merger making it again a public company, announced the appointment of Lance Barton as chief financial officer, effective March 1, 2021.
>> Read Article

Trish Donnelly Named CEO Of PVH Americas

Trish Donnelly, the former CEO of Urban Outfitters Group, is joining PVH in the newly created role of CEO of PVH Americas.
>> Read Article

Delta Galil: Q3 Net Income To $19.5 Million

Delta Galil reported a profit of $19.542 million on sales of $382.878 million in the three months ended September 30, compared to a profit of $14.034 million on sales of $446.139 million in the same period last year.
>> Read Article

VS, Pink Holiday Store Comp Sales Fall 23%

Victoria’s Secret and Pink brick and mortar comparable store sales in the U.S., Canada, China and the U.K. fell 23% in November and December.
>> Read Article

Delta Galil To Open 7 VS Shops In Israel

Delta Galil has closed a deal with L Brands to open Victoria’s Secret and Bath & Body Works stores in Israel.
>> Read Article

PVH: Q3 Net Income $69.5M; Sales $2.014B

PVH reported third quarter net income of $69.5 million on sales of $2.014 billion, compared to net income of $208.9 million on sales of $2.434 billion in the same period last year.
>> Read Article

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



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