(Filed Under wholesale Lingerie News). 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.
In September BODY reported the closing of a Rigby & Peller store at the King of Prussia mall in Pennsylvania, and less than a month before that, the closing of the chain’s shop at Tysons Corner Center in McLean, Virginia.
The remaining Rigby & Peller stores here are located in Boston, Atlanta and Chicago, along with two in Manhattan. The retailer currently lists nine locations in the U.K.
Belgium-based, parent company Van de Velde, which owns various retail chains in Europe, as well as the PrimaDonna, Marie Jo and Andres Sarda wholesale brands, recently revealed that during the first half of this year it suffered its worst retail performance in the U.S. Sales as the Rigby & Peller stores here fell by 63.8% when compared to the first six months in 2019. In the first half, Van de Velde reported sales in its other company owned shops “in Europe fell by 32.3%,” explaining that “stores in the Netherlands and Germany reopened in mid-May. Sales are recovering gradually. Local community stores are performing markedly better than those in shopping centers and busy shopping streets.”
The company is expected to report it results for the full year 2020 on February 25.
Van de Velde claims on its website that it works “in close partnership with 3,600 independent lingerie boutiques worldwide” as well as selling through its “own retail network with retail brands Rigby & Peller and Lincherie. Our geographical center of gravity is Europe and North America.” — NM
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