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

Hochman’s Son David Quits As Naked Director


(Filed Under Financial and General Interest News). David Hochman has resigned as a director of Naked Brand Group Inc. No reason was provided. He is the son of CEO Carole Hochman.

Naked, a public company, is apparently close to completing a merger with the much larger, privately-held, New Zealand-based Bendon Limited.

In early 2014, David Hochman, working with his mother and other investors, announced they taken over Naked, a small producer of men’s underwear. As of June, 2014, David had become a company director and owned about 6.9% of the company’s then outstanding shares.

The takeover did not turn out well. In a recent filing Naked admitted that “as of July 31, 2017, the company had not yet achieved profitable operations, had incurred a net loss of $4,813,735 [in the first six months of this year alone] and had an accumulated deficit of $61,993,318 and expects to incur significant further losses in the development of its business.” In its last fiscal year Naked reported just $1.84 million in sales, with a loss of $10.8 million.

The proposed merger with Bendon, which said it generates about $100 million in annual sales, was announced in January of 2017. According to the plan as outlined then, Naked shareholders would own about 7% of the shares of the resulting entity, with Bendon shareholders owning the rest. The plan is for the newly formed firm to continue as a public company.

Naked’s latest SEC filing, which was signed by Carole Hochman, stated in full: “On October 20, 2017, Mr. David Hochman and Mr. Andrew Kaplan advised Naked Brand Group Inc. (the “Company”) that each would resign as a member of the Board of Directors of the Company, effective immediately. Messrs. Hochman’s and Kaplan’s resignations were not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.” — NM


more Financial and General Interest News >>

Published 10-30-2017 by Nick Monjo

Related Articles

Hochman’s Son David Quits As Naked Director
Naked Q2 Sales Jump 128.9%, Losses Mount
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


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
*