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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). » I want to read more and receive info from International Lingerie Show

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. » I want to read more and receive info from Ted H. Luymes

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. » I want to read more and receive info from Wacoal

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.” » I want to read more and receive info from Delta Galil

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. » I want to read more and receive info from Frederick’s of Hollywood

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. » I want to read more and receive info from HanesBrands

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

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. » I want to read more and receive info from Soma Intimates

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. » I want to read more and receive info from Peekay

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. » I want to read more and receive info from Sycamore Partners

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.” » I want to read more and receive info from HanesBrands

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

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

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

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. » I want to read more and receive info from American Apparel

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. » I want to read more and receive info from HanesBrands

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. » I want to read more and receive info from Delta Galil

’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. » I want to read more and receive info from Wacoal

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.” » I want to read more and receive info from Intimacy

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

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

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. » I want to read more and receive info from Unifi

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. » I want to read more and receive info from Delta Galil

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. » I want to read more and receive info from La Senza

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

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.” » I want to read more and receive info from HanesBrands

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. » I want to read more and receive info from Gildan Activewear

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. » I want to read more and receive info from Soma

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

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. » I want to read more and receive info from L Brands

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.” » I want to read more and receive info from Frederick’s of Hollywood

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. » I want to read more and receive info from Delta Galil

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

Victoria’s Secret: 50 New U.S. Stores In 2014

The number of Victoria’s Secret stores here and around the world will take another big jump in 2014, most likely topping 1,100 in the U.S., according to parent company L Brands’ annual report for 2013 and information released during the firms 4th quarter conference call. » I want to read more and receive info from Victoria’s Secret

NPD: Tights Up 33%, Women’s Apparel 4%

The NPD Group estimated women’s apparel retail sales grew to $116.4 billion in 2013, a 4 percent increase over the $112.3 billion it estimated for 2012. And one particularly dramatic increase occurred in hosiery where “dollar sales for tights grew 33 percent in 2013.” » I want to read more and receive info from NPD

Victoria’s Secret Comp March Sales Down 1%

“Victoria’s Secret North America March comparable store sales decreased 1%,” according to Amie Preston, chief investor relations officer at parent company L Brands. » I want to read more and receive info from Victorias Secret

Frederick’s: Closes 16 Stores, Loses $5.1 M

Frederick’s of Hollywood Group Inc. lost $5.1 million in the fiscal second quarter 2014 on sales of $23.5 million, compared to a loss of $10.0 million on sales of $24.3 million in the same period last year. » I want to read more and receive info from Frederick’s of Hollywood

Thekkekara of Dolce Vita Purchases Lunaire

Jack Thekkekara, who owns Dolce Vita Intimates, LLC and some years ago purchased the Movie Star brand, has purchased the Lunaire brand. Lunaire is a 20-year-old firm that specializes in attractive bras in fuller sizes. » I want to read more and receive info from Dolce Vita

Victoria’s Secret Comp February Sales Up 2%

February comparable store sales at Victoria’s Secret stores in North America were up 2% “driven by core lingerie and Pink,” while at Victoria’s Secret direct sales rose “1%, as growth in bras, panties, Pink, swim and sport was partially offset by a decline in apparel,” according to Amie Preston, chief investor relations officer at parent company L Brands, Inc. » I want to read more and receive info from Victoria’s Secret

Delta Galil: Sales Will Top $1 Billion in 2014

Sales at Delta Galil in 2013 rose 19%, from $817,782,000 to $974,719,000 and CEO Isaac Dabah projects that “Based on our initial financial guidance,” 2014 “will be our first year of sales in the $1 billion-plus range” in a press release that accompanied the year end results. » I want to read more and receive info from Delta Galil

Problems At Intimacy As Van de Velde Rises

Sales rose slightly in 2013 at Van de Velde, the Belgian firm that owns Intimacy and PrimaDonna among other stores and brands (up 0.4% to 182.4 million euros - about $251.9 million at today’s exchange rates). » I want to read more and receive info from Van de Velde

L Brands: Small To No Sales Gains In February

L Brands, Inc., parent to Victoria’s Secret and La Senza among others, reported “Earnings per share for the 13-week fourth quarter ended February 1, 2014, were $1.65 compared to adjusted earnings per share of $1.76 for the 14-week fourth quarter ended February. 2, 2013. Adjusted earnings per share for the prior year on a 13-week basis were approximately $1.68.” » I want to read more and receive info from L Brands

Hanes Sales Rose, Profits Doubled In 2013

Hanesbrands recorded double the net income in 2013 that it did in 2012, despite a fourth quarter 2013 in which net income fell from $80.4 million in 2012 to $32.3 million. Full year sales in 2013 were $4.628 billion compared to $4.526 billion the year before as profits rose from $164.7 million to $330.5 million. » I want to read more and receive info from HanesBrands

L Brands Comparable Sales Up 9% in January

L Brands, Inc., (parent to Victoria’s Secret and La Senza), reported “comparable sales for the four weeks ended Feb. 1, 2014 increased 9% compared to the four weeks ended February 2, 2013,” as well as sales increases for the full year 2013. » I want to read more and receive info from Victorias Secret

Suit Opposes Frederick’s ’Going Private’ Deal

A minority Frederick’s of Hollywood shareholder, Bruce Paul, is the lead plaintiff in a class action lawsuit filed in New York County Supreme Court opposing the proposal by a consortium of shareholders to take the company private. » I want to read more and receive info from Fredericks of Hollywood

Victoria’s Secret Parent: Sales Up In December

L Brands, Inc., parent to Victoria’s Secret and La Senza among other stores and brands, reported sales increases for both December and the 48 weeks ended January 4th, 2014, while at the same time lowering its estimated earnings moderately for the fourth quarter due to lower margins and increase promotions. » I want to read more and receive info from Victorias Secret

Frederick’s Going Private, Lynch Still CEO

Frederick’s of Hollywood Group Inc. has agreed to be taken private by a group of investors who already own most of its outstanding shares. The proposed move was first announced at the end of September. Thomas Lynch, the current CEO, has received a contract to remain with the company for three more years. » I want to read more and receive info from Frederick’s of Hollywood

November Sales Up For Victoria’s Secret Parent

Victoria’s Secret November comparable sales declined 3% (while the brand’s direct channel sales increased by 9%) as parent L Brands, Inc. overall net sales rose to $988.5 million for the four weeks ended Nov. 30, 2013, compared to net sales of $922.0 million for the four weeks ended Nov. 24, 2012. » I want to read more and receive info from Victorias Secret

Victoria’s Secret Stores October Sales Up 10%

Comparable store gains of 10% at Victoria’s Secret stores this October over the same month last year led to company-wide sales gains for its parent, L Brands, Inc. (formerly known as Limited Brands). » I want to read more and receive info from Victorias Secret

Sales Rise, Net Income Falls At Delta Galil

Sales at Delta Galil Industries, Ltd. rose in the third quarter ended September 30, 2013 to $257,199,000 from $233,996,000 while income dropped significantly to $12,674,000 from $20,190,000 in the same period last year, the decline attributed, by the firm, to various “non-recurring” or “one-time” items. » I want to read more and receive info from Delta Galil


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