Hustler Hollywood and burlesque performer and designer Dita Von Teese have partnered to create a new lingerie collection, now avaialble exclusively in 56 of the retailers total 58 stores.
» I want to read more and receive info from Dita Von TeeseHanky Panky Partnered with designer Prabal Gurung on a fall intimates collection.
» I want to read more and receive info from Hanky PankyTommy John named Cheryl Abel-Hodges as its new CEO. Formerly she had served as CEO at Calvin Klein. She will work with “brand founders, Tom Patterson and Erin Fujimoto to build the Tommy John brand through continued wholesale expansion and product innovation.”
» I want to read more and receive info from Tommy JohnYou Lingerie, the bra specialist that focuses on the needs of independent lingerie shops, has just added a new minimizer to its extensive collection of bra styles.
» I want to read more and receive info from You LingerieDG Brands, a heritage lingerie company, has made its own brand a priority since it launched 1978. “But in recent years, as the dominance of a select few brands has waned, and a big crop of DTC brands has arisen, retailers have looked to get in on lingerie,” a spokesperson explained. “Thus, private label or a no branded component and collaborations have become big business. Strong private-label product / private label brands have become immensely important in the fashion industry.”
» I want to read more and receive info from Dreamgirl“Retailers will tell you that fuller busted women, whatever their band size, can be a challenge to fit properly,” began David Berner, the CEO of Shapeez. “But introduce them to one of our Shapeez styles and you can win a customer for life.”
» I want to read more and receive info from ShapeezCorin, the innovative Polish bra brand, reported an 18.18% increase in sales in the twelve months ending June 30, 2023, as well as a 19.38% increase in profits in the same period. The privately held firm exports more than half of its products to North America, Europe and other parts of the world.
» I want to read more and receive info from CorinCalida has replaced Guido Campello as general manager of Cosabella, with his older sister, Silvia Campello. She has been with with the company, founded by her parents in the 1980’s, since 1998, most recently as head of finance and operations.
» I want to read more and receive info from CosabellaIn the second quarter Aerie “adjusted operating income” soared almost fivefold to $57.253 million, as net revenue rose 2.3% to $380.413 million. In the same quarter last year the intimate apparel division of American Eagle Outfitters (AEO) reported adjusted operating income of $11.830 million on net revenue of $371.683 million.
» I want to read more and receive info from AerieVictoria’s Secret reported a second quarter loss of $1.428 million on sales of $1.427 billion, compared to a profit of $69.926 million on sales of $1.521 billion in the 13 weeks ended July 30, 2022.
» I want to read more and receive info from Victoria’s SecretSoma second quarter total sales rose 2.1% to $120.861 million, up from $118.362 million last year. Meanwhile comparable Soma store sales slipped 0.5% in the 13 weeks ended July 29, 2023
» I want to read more and receive info from Soma“As retailers prepare for the upcoming holidays, they should be aware of, and prepare for, certain seasonal buying trends we have noticed for our products,” declared NuBra’s Daren Peng.
» I want to read more and receive info from NuBraSales at Van de Velde rose 5.5% in the first half while net income fell 4%. The firm owns the Marie Jo, PrimaDonna and Andres Sarda wholesale brands, as well as international retail chains including three Rigby & Peller (formerly Intimacy) stores in the U.S.
» I want to read more and receive info from Van de VeldeSplendies is celebrating its 10th anniversary. The company, which began as an online underwear subscription service in 2013, has blossomed into an important intimate apparel brand which now also offers sleepwear, and has recently launched an exclusive wholesale line selling to stores large and small across the country.
» I want to read more and receive info from SplendiesIn 2021 a new lingerie brand was launched by wife and husband Joanie and Maurice Reznik (who himself had once served as CEO of Maidenform). It has since changed its name and has found new followers among specialty stores.
» I want to read more and receive info from The Only Bra“One of the important factors in our success has been our special attention to fabrications,” began Shapeez CEO and co-owner David Berner.
» I want to read more and receive info from ShapeezPink is certainly the color of the moment in 2023, and Dreamgirl is all over the trend.
» I want to read more and receive info from DreamgirlAriela & Associates International (AAI) has acquired Parade, the intimates brand, launched in 2018, that originally offered brightly colored panties in a wide range of sizes.
» I want to read more and receive info from ParadeLa Perla lost €49,436,000 (about $54.5 million at today’s exchange rates) on revenue of €69,093,000 (about $76.2 million) in 2022, compared to a loss of €45,327,000 on revenue of €72,148,000 in 2021.
» I want to read more and receive info from La PerlaValens Lingerie is now distributing the sleep and loungewear brand, Doctor Nap in the U.S. They will have the brand at the upcoming Curve show in New York.
» I want to read more and receive info from Valens LingerieWood Underwear launched its Wet Wood men’s swimwear collection during Miami’s swim week. The capsule is a collaboration with Voglia Swimwear and its “Oh Honey” women’s offering.
» I want to read more and receive info from Wood UnderwearYes, it’s been a difficult 2023 for some, with lots of deep discounts on lingerie, with companies willing to offer and say just almost anything to get a sale.
» I want to read more and receive info from Victoria’s SecretFollowing the opening of Etam’s first lingerie shop in the U.S. this summer in the Dadeland Mall in Miami, the giant lingerie chain is now running ads for sales positions in both New York and North Carolina.
» I want to read more and receive info from EtamFullBeauty Brands has acquired CUUP, a brand that provides intimate apparel in 53 sizes. FullBeauty claimed CUUP’s “competitive advantage is in supporting large cup sizes.” Terms of the deal were not announced.
» I want to read more and receive info from CUUPSkims, the apparel brand launched by Kim Kardashian four years ago, is now worth $4 billion according to an article in The New York Times.
» I want to read more and receive info from Skims“NuBra adhesive bras are undergoing a renaissance, as more and more consumers become aware of the many ways they can wear our extended collection of accessory bra straps,” explained the company’s Daren Peng.
» I want to read more and receive info from NuBraThe number of Calzedonia Group hosiery and intimate apparel shop in the U.S. continues to grow steadily, since launching here in late 2016. Currently the U.S. website for Intimissimi, which focuses on underwear, lists 51 shops, while the site for Calzedonia, which focuses on hosiery, lists 26 stores across the U.S.
» I want to read more and receive info from IntimissimiVictoria’s Secret has expanded its collaboration with Amazon, now adding fasion items, following the previous launch of Victoria’s Secret beauty on Amazon.
» I want to read more and receive info from Victoria’s SecretSplendies, the subscription underwear brand that has just launched an exclusive wholesale collection, is a brand built on strong customer reviews.
» I want to read more and receive info from SplendiesThe Comfeez collection of wire free bralettes from Shapeez has continued to expand, with the latest addition: The Comfeez Long Cami With Lace Trim.
» I want to read more and receive info from ShapeezRihanna has resigned as CEO of Savage X Fenty, the lingerie brand she founded about five years ago, but retains a significant ownership stake and will continue as the brand’s executive chair according to multiple reports.
» I want to read more and receive info from Savage X FentyShapellx, a producer of shapewear and other body shaping products, founded in 2019, has opened its first physical store in Atlanta.
» I want to read more and receive info from ShapellxJadyK is a new producer of supportive bralettes looking to expand wholesale sales. It will make its Curve show debut this summer.
» I want to read more and receive info from JadyK“Dreamgirl’s 2023-2024 Fall, Holiday and Valentine’s Collection (FHV) and catalog are here!” announced a company spokesperson.
» I want to read more and receive info from DreamgirlEsotiq, a Poland-based line of lingerie and related intimates, will make its first U.S. trade show appearance at the upcoming Curve.
» I want to read more and receive info from EsotiqEndorfinella, the Polish sleep and loungewear brand, will return to Curve later this summer, offering both their AW23 fall collection as well as a SS24 spring and a line of basics.
» I want to read more and receive info from EndorfinellaAs it revealed preliminary financial results for the first half of 2023, Calida Group announced it is apparently shutting down Erlich Textil, a new brand it acquired just last February, revealing a “significant impairment of CHF 23-25 million” (Swiss francs, about $25.5 million to $27.8 million at current exchange rates).
» I want to read more and receive info from CalidaOne of Corin’s newest bras for 2023 is Gisele, style number 307025, already starting to ship to North American stores.
» I want to read more and receive info from CorinSales at Soma, the underwear division of Chico’s FAS, Inc., rose slightly to $107.623 million in the quarter ended April 29, compared to $107.420 million in the same period last year.
» I want to read more and receive info from SomaA key component of growth at Shapeez, the bra and shaping brand that was launched in 2005, has been the support network provided by its large base of retailers across the U.S. and Canada. For this interview, BODY publisher Nick Monjo spoke with the Shapeez Canadian sales director, Suzanne Buric, who was touring the West Coast of Canada visitation stores.
» I want to read more and receive info from ShapeezPuma 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 SplendiesDreamgirl’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 DreamgirlSales 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 WacoalPlayboy, 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 EloquiiTo read more news, please choose the category from the news category section.
Playboy reported a loss of $133.883 million on net revenue of $35.101 million in the three months ended June 30, compared to a loss of $8.315 million on revenue of $47.881 million in the second quarter last year.
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Alexander Meyer has been named the new CEO of Stockholm-based Happy Socks. He was most recently the chief customer officer at The Bay, the Canadian retailer.
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Sales jumped 11% in the fiscal third quarter at the intimates division of Toronto-based public company iFabric. The company also noted that Q3 combined sales topped a record for the quarter set last year.
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Sales at the Innerwear division at Hanes rose 2.9% in the second quarter, to $705.8 million, compared to $685.8 million last year, “driven by growth in its basics business behind the launch of its Hanes Originals product, increased space for back-to-school, improved on-shelf availability through the use of data analytics and its consumer-centric pricing philosophy.”
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Second Avenue Capital Partners (SACP), which specializes in asset-based loans, announced on August 17th that it had “closed on a new $12 million revolving credit facility to ThirdLove.”
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Delta Galil Q2 net income fell to $15.050 million on lower sales of $443.6 million, compared to earnings of $22.661 million on sales of $491.3 million in the three months ended June 30, 2022.
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Vanessa Gonzalez has been named account manager at Cupid Intimates. And, as of July 28, long-time VP of sales and marketing and national sales manager Eric Crawford will be leaving the company to become Senior VP of Commercial Partnerships at Educator’s Resource, a leading wholesale distributor of school supplies and K-12 supplemental teaching materials.
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Digitally native ThirdLove now has nine physical stores in operation around the U.S., with more on the way.
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Toronto-based iFabric, parent to the Coconut Grove intimates brand as well as a technical fabrics division, reported “record financial results for its second quarter and six months ended March 31, 2023.”
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In the years since January 2019 when La Senza was acquired from the former L Brands by Beverly Hills-based private equity firm Regent LP, the business has returned to profitability according to a well-placed source who would not provide additional details.
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Victoria’s Secret promoted Greg Unis to the role of brand president, Victoria’s Secret and Pink. He will continue to report to CEO Martin Waters, “and lead the design, merchandising, creative, planning, strategic patterning and business development functions.”
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Adam & Eve opened its 103rd adult store, a franchise location and its first in Georgia. The chain sells lingerie as well as toys.
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Prominent lingerie and hosiery wholesaler seeks experienced salesperson. Salary $90K - $100K. Mail resume to Nick Monjo at Nick@FMMG.com.
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FMMG Advisors recently began working with a powerful direct to consumer, online lingerie brand that is for sale. This brand generates high salaries as well as a high net income for its owners, while consistently achieving sales of about $1.2 million a year.
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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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