top shadow

Trade Readers:
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 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

Wacoal Exits Pesala Business

(Filed Under Fashion News). Wacoal Holdings Corp., a designer, manufacturer and marketer of women's intimate apparel, announced it will terminate its Japan Wacoal Pesala Club business of their subsidiary Wacoal Corporation.

The decision was made at a board of directors meeting held on October 30th. Termination of the Pesala business is set to occur September 30, 2009. In a statement, Wacoal explains that "in terms of revenue, we continued to record operating losses from our Pesala Club business as opportunities for purchasing innerwear have diversified and potential risks associated with the business have increased following recent regulations on door-to-door sales. For this reason, after discussing the future of the Wacoal Pesala Club business, we determined that it would be difficult to continue the business and decided to exit from it."

Wacoal has been selling Japan-based Pesala brand innerwear since 1994 through a membership system called the Wacoal Pesala Club. According to the world federation of direct selling associations (WFDSA), the Pesala division made $30.8 billion in retail sales for 2007 in the U.S. and had 15,000,000 salespeople.

Regarding Wacoal's future prospects: "We expect to incur losses in connection with the partial business exit for each of the fiscal years ending March 31, 2009 and March 31, 2010. However, we believe that the effect on our consolidated business results for the fiscal year ending March 31, 2009 will be minor."

The company can be contacted in Japan at (075) 682-1027.

more Fashion News >>

Published 12-04-2008 by Bruna Fernandes

Related Articles

Wacoal Holdings Corp. Lowers Outlook
Wacoal Exits Pesala Business

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on 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 © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow