Israeli apparel group Delta Galil Industries is to buy Hong Kong-headquartered intimate apparel maker Bogart Group. Delta Galil is a global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as…
A root-and-branch review of the Victoria’s Secret business has spelled the end of its famed televised catwalk shows – and even its giant flagship stores may be under threat. The world’s most famous lingerie retailer is trying to arrest falling sales and…
Italian fashion brand Calzedonia has reportedly renewed its Causeway Bay lease at a 15 per cent increase. According to reports in business media, the firm re-signed for the 400sqft retail space with just a month to spare on its existing contract at a cost of…
Oysho Singapore is opening its first store this week, at Jewel Changi. The Spanish fashion label’s debut Singapore store spans 220sqm, and features a warm atmosphere, fitted out with materials such as wood and metal, combined with new furnishings. The store…
Premium Japanese lingerie brand Wacoal will invest around ₹100 crore (US$14.5 million) over three years to boost its presence in India. A statement released by the firm revealed it will build on its current 11 outlets in the territory to reach 70 exclusive…
Indian lingerie retailer Zivame has raised about US$8.6 million to fund expansion. The funds were raised through Allana Investment and Trading Company, in a round led by existing investor Zodius Technology and individual investors. The new capital will be…
Global apparel retailer American Eagle is boosting its Aerie lingerie brand, with plans to open 60 to 75 stores this year. The strategy, which coincides with rival brand Victoria’s Secret’s declining sales and series of store closures, involves both…
L Brands, the parent of Victoria’s Secret, saw its share price fall 8 per cent after releasing disappointing results and halving its dividend payout. The US-headquartered company is struggling to arrest declining revenue in its flagship lingerie network,…
Australian Lingerie brand Honey Birdette has launched its first US store in Westfield Century City, Los Angeles, focused on a unique design including whisky bar carts and ‘press-for-champagne’ buttons. The store will offer exclusive and limited-edition…
US retailer L Brands has agreed to transfer full ownership and operations of its Canadian-headquartered La Senza lingerie brand to a Regent LP affiliate. Upon completion, the private equity investor will assume La Senza’s debts and all future considerations…
Victoria’s Secret has opened its debut flagship store in Australia, the first store in the nation to offer the U.S. lingerie giant’s full range of apparel, innerwear and accessories. Located in Melbourne’s Chadstone Shopping Centre, the Victoria’s Secret…
Hong Kong lingerie brand 6ixty8ight is trebling its Singapore store network. 6ixty8ight Singapore will open new stores at Tampines 1 on December 1 and at Bugis Junction this week. They follow the brand’s debut at VivoCity in July. The Bugis Junction…
Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders, commenting in the wake of a US$42.8 million loss by its parent L Brands. “The brand is simply not connecting and resonating with consumers in the way that it once…
Following the backlash on social media, the chief marketing officer of L Brands, parent company of Victoria’s Secret and Bath & Body Works, has posted an apology on Twitter for comments he made about transgender models. Ed Razek, L Brands’s CMO, released a…
Atelier Swarovski has partnered with Victoria’s Secret to craft this year’s 2018 Dream Angels Fantasy Bra. The bra, which will be modelled by Victoria’s Secret Angel Elsa Hosk at the 2018 Victoria’s Secret Fashion Show in New York, is crafted with more than…
Lingerie brand Victoria’s Secret has announced its newest designer collaboration: Victoria’s Secret x Mary Katrantzou. The collaboration marks the second time that Victoria’s Secret has partnered with a luxury brand to create an exclusive range. Katrantzou, a…