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A look from Dreamgirl 2011 Collection.Style #6331.
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Delicious: SWAT.
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Latest looks from Zaray.
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FunWorld Model.
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Coquette: Flapper.
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Forplay: 2010 clubwear and intimates catalog
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BUY Lingerie
Changes at Ricky’s Lead To Lawsuit & Headlines
In April, BODY ran an exclusive story about management changes at Ricky’s, the New York City costume and beauty products retailer, in which Todd Kenig, Carmen Kenig, Jason Sandlofer and Dominique Costello had all departed the company. Now the situation has gotten uglier and more public with a lawsuit and an article in New York’s largest-circulation newspaper.
» I want to read more and receive info on Ricky’sLeg Avenue Reports ’Furry Hoods’ Are a Hit
Leg Avenue’s collection of furry hoods have become “a fashion and Halloween ‘must have’” according to Lisa Griffin, the company’s marketing manager.
» I want to read more and receive info from Leg AvenueDreamgirl Invests In Supply Chain Software
Dreamgirl is now using the Logility Voyager Solutions supply chain and inventory optimization software program, which is helping to meet increased demand and boost sales even further this year.
» I want to read more and receive info from DreamgirlElectric Adds Eight New Hustler Costume Styles
Electric Lingerie, which holds the Hustler license to produce lingerie and other apparel, is about to double the size of its Hustler Costume collection. According to Electric owner Elan Rofé, the new costumes will begin shipping in mid-August, and include the following concepts: “a leopard, a new nurse costume, a beaver, a pussy cat, a pin up, a sailor and two sports themed costumes.” Currently there are “nine key styles,” all of them “best sellers.”
» I want to read more and receive info from ElectricMusic Legs: Expanding In Several Directions
“Music Legs’ expansion at it’s California offices and warehouse is close to completion,” according to Mark Rosenfeld, national sales manager. “We will have new, bigger warehouse capacity, a new customer service area, a new showroom area and a new meeting and conference space for customers and staff,” when all is complete by mid summer. “We look forward to even better serving the industry with our new facility.”
» I want to read more and receive info from Music LegsAs Losses Continue, Frederick’s Eyes Sale
After five straight quarters in which it has reported losses, Frederick’s of Hollywood Group Inc. has hired Allen & Company LLC, the New York-based investment bank, to assist the board of directors “in evaluating and exploring a broad range of strategic alternatives, including but not limited to a sale of the company or a business combination.”
» I want to read more and receive info from Frederick’s of HollywoodSensualle: Unique, Very Sexy Brazilian Lingerie
After exhibiting at both the Curve and International Lingerie Shows in recent years, Sensualle has launched a new U.S. advertising campaign and is poised to announce its first U.S. independent sales respresentative. Taken together it is clear that the company is serious about the American market and deserves a closer look.
» I want to read more and receive info from SensualleEspiral Expands Rapidly with Latin Inspiration
When a 14-year-old company’s catalog output jumps from 285 pages to 450 in a single year it’s a clear sign that sales are accelerating. Such is the case with Espiral, a Florida-based firm offering a wide variety of lingerie, club wear, resort wear, dancewear and swimwear produced in its own factory in Colombia.
» I want to read more and receive info from EspiralBra + Corset Combo: Big Winner for Shirley
A new concept in corset design has provided a sales boost for Shirley of Hollywood. “The reaction to our new Hollywood Corset has been fantastic,” declared Eric Schlobohm, director of international sales. “We premiered the group at the ILS show to rave reviews and lots of “Oh My God” comments on the bust lines jumping up two sizes.”
» I want to read more and receive info from Shirley of HollywoodLucile Lingerie Revives 1890-1930 British Label
Camilla Blois, the great-great granddaughter of Lady Duff Gordon, a leading UK couturier, has launched a London-based lingerie company, Lucile Lingerie, that revives the Lucile Ltd. firm her relative operated from the 1890’s to the 1930’s out of offices in London, New York, Paris and Chicago. While the original firm offered a variety of apparel, the new company focuses on lingerie.
» I want to read more and receive info from Lucile LingerieHouston Halloween Show Nearly Full
The Halloween & Party Expo has announced that despite the next show being nearly 10 months away, the Expo floor is more than 80 percent contracted.
» I want to read more and receive info from Halloween & Party ExpoMiami SwimShow, 30, Toasts $4.1B Industry
The Miami SwimShow 2013 will celebrate its 30th anniversary with this year’s event (July 21-24, 2012), hosting “2,500 lines organized into well-defined sections for women’s, men’s and children’s, as well as for contemporary, juniors and more,” according to the Swimwear Association of Florida which holds the event.
» I want to read more and receive info from Miami SwimShowSeven ‘til Midnight Adds Bridal Thongs, Camis
Seven ‘til Midnight, a division of Carrie Amber Intimates Inc., the lingerie and costume wholesaler, is expanding its bridal collection with a thong set and new camis.
» I want to read more and receive info from Carrie AmberLeonisa 2012 Swim Line Provides Confidence
As Leonisa launches its 2012 swim collection it is emphasizing one its guiding philosophies: to make its customers feel more confident and attractive instead of vulnerable on the beach. “The ideal look is no longer the underfed model-thin figure,” declared Octavio Quintana, vp of Leonisa USA. “At Leonisa, our latest designs are influenced by this welcome trend and we are glad our swimwear helps to improve the lives of our customers with appealing new styles that are major confidence boosters.”
» I want to read more and receive info from LeonisaCoquette Expands Plus, Corsets and Costumes
A “25% increase” in the overall number of apparel styles offered by Coquette, as well as a new catalog collection, were among the latest developments reported by vp Marcus Horea in a recent interview.
» I want to read more and receive info from CoquetteSpotlight: Complex New Body Stocking Line
Spotlight Hosiery is a company launched late last year that focuses on elaborate body stockings and a variety of other sheer, seamless garments that often combine hosiery, faux garters and a top, all in one piece. Headquartered in El Monte, California, with production in Taiwan, the firm has ambitious plans for expansion in the U.S. Spotlight’s weapon? Its obvious expertise in producing a wide and wild variety of styles in the somewhat less contested body stocking niche.
» I want to read more and receive info from SpotlightNeon Bright Colors Top Sellers at Ellie Shoes
“Color blocking and neon are really hot right now,” declared Ellen Renger, owner of Ellie shoes during an interview during the International Lingerie Show (March 26 to 28). As illustration she pointed to Adore (#609) the “top booking” shoe for her at the show. The shoe, with strappy top (22 stringy straps), is made of material that reacts strongly to black light. The shoe is popular with dancers (many of whom wear black-light-reactive costumes) as well as in the rave market.
» I want to read more and receive info from Ellie ShoesLeg Avenue Expands Plus, Adds New Catalog
Leg Avenue has significantly expanded its commitment to the plus size customer, publishing its first plus catalog and adding many new plus styles, including several that are exclusive to its plus division.
» I want to read more and receive info from Leg AvenueMusic Legs Expands Clubwear, Adds Catalog
Music Legs has greatly expanded its clubwear offerings, displaying all the styles in the collection in a new catalog.
» I want to read more and receive info from Music LegsFloodline Emphasizes Versatility in its Styles
The Floodline, a manufacturer of clubwear, lingerie, dancewear and costumes, emphasized to BODY the versatility of its products which allows it to be sold in a wide variety of retail stores.
» I want to read more and receive info from The FloodlineVX Adds Larger Sizes, More Bridal Offerings
VX Intimate has extended sizing in the company’s most popular styles, including the lace, off-the-shoulder minidress (style 5095), the double-layer chiffon babydoll (style 5155) and the microfiber chemise with stretch lace (style 4054). These, as well as certain other designs, are now available in sizes small through 6X.
» I want to read more and receive info from VX IntimateLeg Avenue Has New ’Rave Wear’ Collection
Leg Avenue has launched a colorful new ‘Rave Wear’ collection, comprising over 50 styles which the company displays in a new 32-page catalog. The line can be seen in person at the upcoming International Lingerie Show (March 26-28). Suggested retail prices for pieces in the Rave collection range from $10 to $30.
» I want to read more and receive info from Leg AvenueDiva: New Costumes From La Femme Fatale
Diva Adult Costumes is a new sexy costume division from three-month-old L.F.F. Intimates. It will debut its collection of a dozen outfits at the upcoming combined International Lingerie Show and Las Vegas Halloween show (March 26-28).
» I want to read more and receive info from La Femme FataleLeg Avenue’s Mike Tsai Exclusive Interview
BODY publisher Nick Monjo recently interviewed Leg Avenue COO Mike Tsai about current issues and future plans at the company. Here is the full interview.
» I want to read more and receive info from Leg AvenueLip Service Lists Most Successful Costumes
Lip Service reported success with it better costume line, in particular its Joan of Anarchy costume, a hooded dress in simulated chain mail, featuring a winged unicorn on the chest, with a wholesale price of $26 and a suggested retail of $59.99. It comes in sizes XS to XL.
» I want to read more and receive info from Lip ServiceNew Bra Accessories Added by Fashion Forms
Fashion Forms, the company known for its continuing effort to identify and provide the answer for the intimate apparel needs and challenges of every woman, has just added more solution products to its collection. These, in addition to seven new bra styles, were on display at the recent Curve shows in Las Vegas and New York, and will next be shown at the International Lingerie Show in Las Vegas (March 26-28)
» I want to read more and receive info from Fashion FormsSpreegirl Suit Featured by Sports Illustrated
Spreegirl, a division of Carrie Amber, created a swimsuit that was featured on the Sports Illustrated’s website (www.si.com) as part of a feature on model Alyssa Miller. Carrie Amber also produces Seven ‘til Midnight lingerie and costumes. The photo was by Jame Macari.
» I want to read more and receive info from Carrie AmberSeven ‘til Midnight Inks Distributor for Spain
Carrie Amber Intimates, which produces Seven ‘til Midnight lingerie and costumes, has signed a deal with Dildos Assorted SL to distribute its apparel in Spain.
» I want to read more and receive info from Carrie AmberFashion Forms Launches 7 New ’Solution’ Bras
Fashion Forms continues to introduce many new products to meet the varied needs of its growing list of customers, both among the retail community and among consumers.
» I want to read more and receive info from Fashion FormsBodyZone: New Private Label & ‘Naughty Sexy’
BodyZone recently expanded its private label program for retailers, as well as adding styles to its Naughty Sexy line of boxed lingerie.
» I want to read more and receive info from BodyZoneBodyZone Launches Dynamic New Website
BodyZone has just launched a new website at http:// bodyzoneapparel.com/. The new platform, which can be viewed by all, is designed to be used by retailers to browse and purchase products. It is not designed for consumers to purchase; retailers must log in before prices are displayed.
» I want to read more and receive info from BodyzonePink Diamond is Newest Dreamgirl Packaging
Pink Diamond is the newest packaging concept concept from Dreamgirl, joining the company’s Red Diamond package collection for 2012. The new packaging is being used to house the company’s newest collection, ENCORE.
» I want to read more and receive info from DreamgirlDreamgirl’s ENCORE: ‘Hot Bright’ Colors
Dreamgirl has launched a new “concept catalog” collection, ENCORE, for the 2012/2013 season, with all styles ready to ship starting March 30, 2012.
» I want to read more and receive info from DreamgirlElectric Lingerie Halter On ‘The Jersey Shore’
One of Electric Lingerie’s clubwear styles appeared on a recent episode of MTV’s “The Jersey Shore.” The Slinky Halter Top (CL106) was worn by JWOWW as a special surprise for boyfriend Roger on their one-year anniversary. The show featured a trip to their local adult boutique, The Love Shack, where the stye was purchased.
» I want to read more and receive info from Electric LingerieDreamgirl Expands in UK at Birmingham Fair
Dreamgirl, in its continuing efforts to expand on the international scene, has made a point of being represented at a variety of lingerie and costume exhibitions around the world. Most recently, the company reported a well-received showing of its extensive collection at the Birmingham Spring Fair (February 5-9) at the National Exhibition Centre in Birmingham, England.
» I want to read more and receive info from DreamgirlPure Style Girlfriends: First Time at MAGIC
(MAGIC Report) Pure Style Girlfriends, Inc. was showing for the first time at MAGIC (February 13-15) with a broad line of lingerie solution products and accessories (including bra inserts and a butt panty).
» I want to read more and receive info from Pure Style GirlfriendsMusic Legs Adds Staff, Burlesque Line
Despite the slow job market, Music Legs, the hosiery, lingerie and clubwear brand, reported hiring new staff and expanding their warehouse space. The seven new hires include full-time fashion designers, customer service reps, a warehouse manager and an office manager. National Sales manager Mark Rosenfeld said "we continue to grow and expand the line, so in order to keep up pace with customer demand we decided to hire more people." He added that the company is in the process of hiring more people.
» I want to read more and receive info from Music LegsOh La La Cheri in 2012: Amusing, Original Style
What jumps out from the new Oh La La Cheri “Tres Sexy” and “Boutique” collections, shown at CurveNV (February 11-13) and coming today to Curve in New York (Feb. 21-23), is the company’s compulsion to consistently create new looks and find different, fun ways of covering (though just barely) the female form.
» I want to read more and receive info from Oh La La CheriLeg Avenue: Debuts NY Curve with Burlesque
Leg Avenue will be exhibiting at Curve in New York (February 21-23) for the first time, following up on its Curve debut in the Las Vegas version of the show (February 11-13). In New York, Leg Avenue will focus on the company’s new Burlesque Collection, which comprises dozens of styles as well as accessories, such as petticoats, gloves, top hats, pasties, skirts, hair accessories and a new line of shoes.
» I want to read more and receive info from Leg AvenueLeonisa To Open First U.S. Store in Georgia
Leonisa, the large Colombian-based producer, has plans to open its first store in the U.S., a flagship location, at the start of June. Located 30 miles northeast of Atlanta in the Mall of Georgia, the boutique will showcase both the company’s lingerie and swimwear.
» I want to read more and receive info from LeonisaPerformance Studios at Nashville, Tennessee
A Q&A with Gary Broadrick, President of Performance Studios in Nashville, Tennessee.
» I want to read more about Performance StudiosFashion Forms to Open Showroom in LA Mart
Fashion Forms will open a showroom in the LA Mart (110 East 9th Street, Los Angeles, CA, Suite B1065, 800-615-1272) on March 1st. On display will be the company’s extensive line of bras and lingerie accessories.
» I want to read more and receive info from Fashion Forms8 of Hearts Shapewear for Sportswear Retailers
(MAGIC Report) Six months ago, sportswear producer EHL Imports, created a line of shapewear, 8 of Hearts, to sell to its existing customer base of apparel retailers. “We did it because the Colombian and Brazilian brands are so expensive. We wanted to make something more affordable,” said Gaby Abed, an owner at EHL. “We wanted to give the customer an option.”
» I want to read more and receive info from 8 of HeartsColombian Shapewear Zaray Debuts at MAGIC
(MAGIC Report) Yet another intimates company trying MAGIC (February 13-15) for the first time was Colfajas, the U.S. distributor for Colombian shapewear brand, Zaray. One inducement to choose MAGIC, according to Colfajas’ Jean Pierre Velez, was the assistance of Proexport (the Colombian government export group, which helps pay exhibition costs).
» I want to read more and receive info from ZarayKarnation Intimate Apparel Retail Profile
A Q&A with Michelle Meyer, president and key buyer of Karnation Intimate Apparel of Idaho.
» I want to read more about Karnation Intimate ApparelShorts by Sexxy Brazil Work for Swim, Dance
Wholesale sexy swimwear, dancewear and intimate apparel company Sexxy Brazil’s booty short styles are a hit with retailers across several markets.
» I want to read more and receive info from Sexxy BrazilLeg Avenue to Exhibit Burlesque at CURVENV
Leg Avenue announced it will show its 2012 Burlesque Collection at this month’s CURVExpo in Las Vegas.
» I want to read more and receive info from Leg AvenueLeg Avenue Reports Paris Success
Sexy lingerie, costume and hosiery brand Leg Avenue showed its latest collections at the Jan. 21 to 23 Salon de la Lingerie in Paris to a great response from international retailers.
» I want to read more and receive info from Leg AvenueNew Halloween 2012 Looks from Leg Avenue
Leg Avenue premiered its hottest new costume styles at its January show at the Aria in Las Vegas.
» I want to read more and receive info from Leg AvenueDreamgirl’s Halloween 2012 Runway Preview
During Dreamgirl’s exclusive sneak peek at the Cosmopolitan Hotel in Las Vegas, the company held runway events featuring its new 2012 Halloween styles, with looks including flappers, unicorns and gangsters.
» I want to read more and receive info from DreamgirlMusic Legs Premieres New Styles in Las Vegas
Music Legs held its first early show on Jan. 4 to 6 at the Cosmopolitan Hotel in Las Vegas.
» I want to read more and receive info from Music LegsTo read more news, please choose the category from the news category section.
Gildan Activewear Buys T-Shirt Maker Anvil
Gildan Activewear Inc. purchased 100% of the common shares of Anvil Holdings, Inc. Earlier this month Gildan had announced it had signed a definitive agreement to make the acquisition for a total purchase price of approximately $88 million, financed by utilization of Gildan’s bank credit facility. Under the agreement, Gildan said it was not going to assume any of Anvil’s currently outstanding indebtedness.
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Limited Brands: McGuigan Coo
Limited Brands, Inc. announced today that Charlie McGuigan, chief executive officer of Mast Global, the company’s sourcing and production arm, has been named Limited Brands chief operating officer. In addition to retaining his current responsibilities, he will assume leadership of enterprise operations.
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1 Qt Declines At Warnaco
For the first quarter of 2012, Warnaco net revenues declined 7% from the same quarter last year, to $615.5 million, a decline of 7% compared to the prior year period, while income per diluted share from continuing
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Fitch: Limited Brands Stable
Fitch Ratings, the global rating agency, has affirmed its ratings on Limited Brands,Inc., including the long-term Issuer Default Rating (IDR) at ’BB+’. In a statement accompanying the full list of rating, Fitch noted, “The affirmations reflect Limited Brands’ strong brand recognition and dominant market positions in intimate apparel and personal care and beauty products, strong operating results, reasonable credit metrics, solid cash flow generation and good liquidity. The ratings also consider the company’s track record of shareholder-friendly activities.”
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Hanesbrands 1Qt Loss
HanesBrands reported a net loss for the first quarter of 2012, ended March 31, of $0.27 per diluted share, compared with EPS of $0.49 in the year-ago first quarter. Net sales were $1.01 billion, a decrease of 3
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Under Armour: 1 Qt Increases
Under Armour, Inc. announced financial results for the first quarter ended March 31, 2012 with an increase in net of 23% in the first quarter of 2012 to $384 million compared with net revenues of $313 million in
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Gilly Hicks Growing Fast
While still only a minor part of Abercrombie and Fitch Co., sales at the company’s Gilly Hicks lingerie division grew four times faster than the company sales as a whole last year, and the firm has increased the number of Gilly Hicks retail outlets since last June
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Delta Galil Buys Schiesser
Delta Galil Industries, Ltd. has signed a “definitive agreement” to acquire Schiesser AG, the leading underwear manufacturer and marketer in Germany, for a purchase price of €68 million (approximately $90 million).
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Ricky’s: Management Shuffle at the Top Level
In a management shuffle, Todd Kenig, Carmen Kenig, Jason Sandlofer and Dominique Costello are no longer working at Ricky’s, the East Coast costume and beauty products retailer. All except for Sandlofer, still, however, retain equity in the company.
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Wacoal Japan Buys Eveden for $237 Million
Wacoal Holdings Corp, Japan has agreed to purchase the Eveden Group, the UK-based lingerie and swimwear company, for about $237 million including debt. Eveden is comprised of several brands including Fantasie, Freya, Huit, Fauve, Elomi and Goddess. According to Eveden, which specializes in fuller bust and full figure lingerie and swimwear, the company has some 5000 retail customers in 50 countries. It will become a subsidiary of Wacoal.
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VS Up in 2011, Expects Earnings Rise in 2012
Limited Brands, owner of the Victoria’s Secret business, announced that operating income for the fourth quarter ended January 28, 2012 rose to $786.5 million compared to $713.5 million last year, and adjusted net income was $459.2 million compared to $419.7 million last year.
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Van de Velde: ’Tough’ 2011 for Intimacy Stores
Belgian public company Van de Velde announced its annual results, noting of the prominent U.S. retailer it controls, “Intimacy experienced a tough 2011 and must return to turnover growth in every store. Van de Velde will take over operational management from the minority shareholders in May 2012 and has a clear vision on profitability improvement. 18 or 19 stores will be open by the end of 2012.”
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HanesBrands: Overall Sales Up Despite 4Q
HanesBrands saw an increase in income in the last fiscal year despite slow sales in the 4th quarter. Hanes chairman and CEO Richard A. Noll said the underwear and sock categories were particularly strong for the company. In fact, the company is hoping that in 2012 sales and profit growth from their innerwear products will help offset the predicted decline in the outerwear segment, which includes activewear products sold to the screen-print industry.
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Hanes 4Q 2011 Results, Conference Call Feb.15
HanesBrands will host a live internet audio webcast of its 2011 4Q investor conference call at 4:30 p.m. EST Wednesday, Feb. 15, 2011. At the close of regular trading on the New York Stock Exchange that day, Hanes will issue a press release summarizing the results of the quarter and year ended Dec. 31, 2011. The live internet broadcast may be accessed on the home page of the Hanes corporate website, www.hanesbrands.com.
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Industry Vets Launch White Space Marketing
Apparel industry veteran Raymond Nadeau has launched consulting practice White Space Marketing LLC, a strategic firm specializing in new business and product development, brand building, retail merchandising and category management.
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Retail Sales Up in December 2011
According to a release from the U.S. Census Bureau, seasonally adjusted retail sales of apparel, footwear and accessories in December 2011 rose 0.7 percent from the prior month and 5.8 percent from December 2010.
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India Loosens Restrictions on Retailers
After initially suspending a plan that would allow foreign retailers to own any more than 51 percent of their stores, India’s government ratified a decision to allow international companies full ownership of stores selling a single brand.
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Mothercare 3q Sales Up 3%
Mothercare PLC, a U.K.-based retailer of maternity and nursing apparel, reported a 3 percent increase in worldwide sales for the company’s fiscal third quarter ended Jan. 7, 2012.
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Urban Outfitters C.E.O. Resigns
Specialty retailer Urban Outfitters, Inc. announced the resignation of chief executive officer Glen T. Senk on Jan. 9, 2012. He is succeeded by Richard A. Hayne, president and chairman of the board of directors.
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Delta Galil, Jones Cease Jeanswear Sale Talks
Delta Galil Industries Ltd. has announced the termination of all discussions regarding the potential acquisition of The Jones Group, Inc.’s jeanswear division.
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Lululemon Founder Steps Down
Chip Wilson, founder, chairman and chief innovation and branding officer of yoga and activewear retailer Lululemon Athletica, Inc. announced he will resign his executive position as of Jan. 29, 2012. He will continue to serve as chairman of the board of directors.
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Van de Velde Revenue Rises 8.2%
Belgian lingerie company Van de Velde reported a 8.2 percent increase in revenue in 2011.
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Sears Holdings to Shutter Stores
Sears Holdings Corp. has announced it plans to close between 100 and 120 Kmart and Sears full-line stores — approximately 5 percent of its total locations.
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Limited Brands’ December Sales Up 7%
Limited Brands, Inc., the parent company of Victoria’s Secret and Canadian lingerie chain La Senza, reported a sales increase of 7 percent for the five weeks ended Dec. 31, 2011.
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Retailers Affected by Payment Regulations
A report from Steve Kimberling of Intimate Payments is alerting retailers that new federal regulations for electronic payment transactions going into effect January 2012 may have dramatic business effects.
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Frederick’s 1q Loss Nearly Doubles
Frederick’s of Hollywood Group, Inc. reported that its first-quarter net loss expanded to $2.3 million, or 6 cents a share, from $1.2 million, or 3 cents a share, in the year-ago period.
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India Suspends International Retail Plan
After introducing a plan that would allow foreign retailers to open and expand in the country, India’s governing Congress Party announced that the plan was being suspended.
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Tefron Reports 67% Revenue Growth in 3q
Israel-based activewear and intimate apparel producer Tefron Ltd. reported a 67.4 percent increase in sales for the third quarter of 2011.
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Limited Brands Reports Nov. Sales, Issues Dividend
A strong Black Friday turnout at Victoria’s Secret stores pushed parent company Limited Brands’ November revenue up 7 percent, beating analysts’ estimates.
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Charming Shoppes Reports Sales, Fashion Bug Divestiture
Charming Shoppes, Inc., parent company of specialty retailers Lane Bryant, Catherines and Fashion Bug, reported a 7 percent decrease in sales for the third quarter of 2011. The company also announced plans to divest Fashion Bug and focus on accelerating the growth of the Lane Bryant brand.
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Syms Corp. Auctions Assets
Syms Corp. has announced it is auctioning its intellectual property assets as part of its liquidation process.
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Saudi Arabia Enforces Lingerie Shop Changes
The Saudi Arabian government has given the country’s lingerie shops three months to replace all male employees with females in response to a measure passed this summer by King Abdullah bin Abdul-Aziz Al Saud.
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Maidenform 3q Profit Down 20%
Maidenform Brands reported a 20 percent drop in third-quarter earnings due to weaker-than-expected sales and high inventory amounts that led to increased liquidation costs.
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Syms, Filene’s Basement to Close
Discount retailer Syms Corp. and its subsidiary, Filene’s Basement, filed for Chapter 11 bankruptcy protection and announced plans to liquidate inventory and close its remaining stores.
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Sycamore Acquires 51% of Limited’s Sourcing Co.
Sycamore Partners, a New York-based private equity firm, has acquired a 51 percent controlling interest in Mast Global Fashions, the third-party apparel sourcing division of Limited Brands, Inc.
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Target Plans In-Store Specialty Shops
Major retailer Target announced it would open "The Shops at Target," a collection of boutiques offering limited-edition merchandise within its established stores.
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Zimbabwe Bans Sale of Secondhand Lingerie
After finding out that many Zimbabwean women obtain lingerie and intimate apparel at flea markets and through used clothing vendors, Finance Minister Tendai Biti introduced a ban on purchasing secondhand underwear.
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American Apparel Financing Deal Stalls
Los Angeles-based retailer American Apparel may need to find a new avenue for financing as negotiations with a private equity firm have stalled.
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J. Crew 3q Profits Fall 43%
J. Crew Group, Inc. reported that its profit for the third quarter of 2011 fell 43 percent from 2010 due to higher interest expense and operating costs.
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Lululemon 3q Sales, Revenue Up
Yoga apparel and activewear retailer Lululemon Athletica, Inc. reported an increase in sales and revenue for the third quarter ended Oct. 30, but gave a cautious outlook for the current quarter based on the rising cost of materials.
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American Eagle 3q Profit Jumps 87%
Young adult clothing and intimate apparel retailer American Eagle Outfitters reported an 87.3 percent jump in profit for the third quarter of 2011.
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Sears Reports Wide 3q Loss
Retailer Sears Holdings Corp. reported a loss of $421 million, or $3.95 a share, compared with a loss of $218 million, or $1.98 a share, in the third quarter of 2010.
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3q Profit Up 19% at Ross Stores
Discount apparel, intimate apparel and accessories retailer Ross Stores, Inc. reported a 19 percent increase in profit compared to the third quarter of 2010.
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Abercrombie & Fitch 3q Affected by Higher Costs
Despite a jump in sales, Abercrombie & Fitch Co. reported a 1.8 percent rise in earnings for the third quarter as cost pressures weakened its margins.
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Neiman Marcus 1q Profit Up 88%
Leading retailer Neiman Marcus Group, Inc. reported an 88 percent surge in first-quarter earnings due to stronger sales and lower interest expense.
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Gap Inc. Opens Hong Kong Flagship
U.S. retailer Gap Inc. announced the launch of its first flagship store in Hong Kong, the company’s ninth location in the Greater China region.
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Indiana ’Lingerie Modeling’ Business Shut Down
A Lafayette, Indiana "lingerie modeling" business was shut down by local police after law enforcement allegedly received a series of tips that the business was engaging in lewd, illegal activities.
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Chico’s 3q Profit Drops 8%
Chico’s FAS, Inc., parent company of Chico’s, White House Black Market and Soma Intimates stores, announced third-quarter net income totaling $26.5 million, or 16 cents a share, down from $28.8 million, or 16 cents a share, in the same period one year ago.
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TJX 3q Profits Rise 9.2%
The TJX Companies, Inc., parent of off-price retailers Marshalls, T.J. Maxx and HomeGoods, reported a 9.2 percent rise in profits for the third quarter of 2011, leading the company to increase its fourth-quarter sales guidance.
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Dillard’s Reports Record 3q Earnings
Dillard’s, Inc. reported an 85 percent jump in net income for the third quarter of 2011. Net income reached $26.6 million, or 50 cents a share, up from $14.4 million, or 22 cents a share, in the third quarter of 2010.
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Lululemon Employee Convicted of Killing Co-Worker
Former Lululemon Athletica employee Brittany Norwood was found guilty of killing co-worker Jayna Murray in the Bethesda, Md. store where they worked.
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Delta Galil Reports 19% Rise in 3q Profit
Net profit for Delta Galil Industries, Ltd. came to $7.7 million, up 19 percent from $6.5 million in the third quarter last year.
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Hanesbrands 3q Income Up 48.1%
Hanesbrands reported strong third-quarter growth, including a 48.1 percent increase in net income and a 4.8 percent increase in net sales.
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Warnaco 3q Net Revenues Increase 8%
The Warnaco Group, Inc. reported that net revenues in the third quarter increased 8 percent to $645.1 million, while international net revenues grew 16 percent and direct-to-consumer net revenues increased 31 percent over the comparable period in 2010.
>> Read Article
Frederick’s of Hollywood Reports 4q Losses
Frederick’s of Hollywood showed better comparable store sales in the fourth quarter, but ultimately ended fiscal year 2011 in the red.
>> Read Article
Iconix 3q Revenue, Income Falls
Iconix Brand Group, Inc. reported a 5.3 percent decrease in income and a 4.3 percent decrease in revenue for the third quarter of 2011.
>> Read Article
Saks to Close N.C. OFF 5TH Store
Saks Inc. has announced plans to close its Morrisville, N.C. OFF 5TH store by Jan. 1, 2012.
>> Read Article
Hot Topic 3q Profit Rises, Sales Fall
Specialty retail chain Hot Topic Inc. reported a dramatic rise in third-quarter profit compared to the same quarter in 2010, due to the company’s year-ago decision to book a non-cash charge related to the dropping value of its ShockHound music and merchandise website.
>> Read Article
Gap 3q Profit Falls 36%
Gap Inc. reported that its third-quarter profits fell 36 percent as the company continues to close dozens of U.S. locations.
>> Read Article
Saks 3q Sales Up 5.1%
Retailer Saks Inc. reported a 5.1 percent increase in total sales to $692.3 million from $658.8 million in the prior year’s period.
>> Read Article
Urban Outfitters Posts Sales, Organization Changes
Retailer Urban Outfitters, Inc., which operates Urban Outfitters, Anthropologie, BHLDN, Free People and Terrain brands, reported a rise in third-quarter income and net sales.
>> Read Article
JCPenney Posts $143 Million Loss in 3q
J.C. Penney Co. Inc. reported a third-quarter net loss of $143 million due to costs attributed to moderate customer pullback, the discontinuation of its catalog business, overall company restructuring and management transition.
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All photos Copyright © 2000-2012 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to info@bodymagazine.us
