top shadow
BODY
Email Supplier Directly
To receive more info from Naked Brand Group , Click Here.

To receive more info from Naked Brand Group about a particular product, Click on the photo (photo will enlarge).



Added: Aug 2015


Added: Aug 2015


Added: Aug 2015


Added: Aug 2015


Added: Aug 2015




































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Naked Brand Q3 Sales Double, Losses Halve


(Filed Under Financial and General Interest News). At Naked Brand Group, the intimates and underwear company headed by Carole Hochman, sales in the third quarter more than doubled to $317, 748, while its net loss dropped to $3.533 million from $7.228 million in the same quarter last year (on just $145,790 in sales).

While the company’s situation is improving, it admitted in its latest financial release that it “expects to incur significant further losses in the development of its business,” and “will be required to obtain the necessary financing to pursue its plan of operation. Management plans to obtain the necessary financing through the issuance of equity and/or debt.”

For the nine months ending October 31, 2015, Naked reported a loss of $8.483 million on sales of $938,157 compared to a loss of $23.040 million on sales of $430,590 during the same period in 2014.

While sales have risen during the year, Naked’s inventory level rose much faster. As of January 31 of this year it reported total inventory valued at $183,226, while as of October 31 that level had risen to $1,341,387.

During the year the company has taken a variety of steps to increase its customer base including expanding its product range, expanding its online sales to consumers, signing an expensive licensing deal with a basketball player and hiring public relations and marketing firms. At the same time, the company reported that the concentration of its business with one (un-named) customer rose dramatically. “For the three and nine months ended October 31, 2015, the company had concentrations of sales with a customer equal to 40% and 43%, respectively of the company’s net sales (2014: 29% and 34%, respectively).” In its filing Naked noted the dangers of such a concentration. “The company has concentrations in the volumes of business transacted with particular customers. The loss of these customers could have a material adverse effect on the company’s business.”

Naked added, “We have a growing retail footprint for our men’s innerwear products in premium department and specialty stores and internet retailers in North America including, Nordstrom, Hudson Bay Company, Holt & Renfrew, Amazon.com, barenecessities.com and many others.”

In an interesting note, the company revealed that in the latest quarter, while sales in the U.S. rose from $78,840 to $267,448, sales in Canada, where it was founded, actually dropped from $66,950 in 2014 to $50,300 this year. The reason for the drop was not explained in the filing.


more Financial and General Interest News >>

Published 12-21-2015 by Nick Monjo

Related Articles

Huge Losses Continue At Naked In Quarter
Naked: Sales Rise, But Not All News Is Good
Naked’s Sales, As Well As Its Problems, Rise
Naked: Listing Warning, New Offering Planned
Naked Sales Drop 18.8% Led By Nordstrom Slide
Naked Brand Group Names New Sales Execs
Naked: Serra Exiting As VP Sales, Merchandising
Naked: Revenue Up But Canadian Sales Vanish
Naked Reports Big Loss As Sales Rise 149%
Naked Brand CFO, COO Michael Flanagan Exits


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2017 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*