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Apparel Industry News

Online Sales

Shop.org, the online unit of the National Retailer Federation, reported in December that 91 percent of merchants have seen online growth during the holiday season, with 17 percent experiencing sales more than twice as high as a year ago. According to market research firm ComScore Networks, Internet-based holiday sales rose more than 28 percent in 2004 and were expected to cross $15.5 billion.

Lingerie Sales

Sales of lingerie and hosiery are predicted to grow as the female population is forecast to age and increase in numbers. Analysts predict lingerie sales to quadruple by 2006, with bras comprising 33% of the market. This is the result of an increase in the number of women willing to spend money on personal items for themselves, and prices dropping due to less expensive exports of our Asia. Another contributing factory is women have been getting taller and heavier, and the industry has finally seen the need to provide attractive lingerie to these women.

Profits In Lingerie

Ohio-based retailer Limited Brands. Limited owns Victoria's Secret, Bath & Body Works and Henri Bendel, as well as contract manufacturer and apparel importer Mast Industries. Thanks to higher store sales, revenue for the six months ended July 31, 2004, rose 9% to $4.19 billion, and net income grew 23% to $244.6 million

La Senza Lingerie Expansion

La Senza is headquartered in Montreal, as a specialty retailer, it offers fashionable lingerie and sleepwear sold in its 203 La Senza and Silk & Satin stores, fashionable apparel for girls sold in its 71 La Senza Girl stores, and fashionable apparel for women sold in its 34 annex locations. Stores are located in every province in Canada and five newly opened La Senza stores in the United States. It is traded publicly on the Toronto Stock Exchange.

Japan Gest Into The Wal-mart Game - The Next Walmart?

Seiyu opens the first Wal-Mart-like store Wal-Mart invented the supercenter, and Aeon is now in a hurry to copy it. The latest development in this race occurred when Wal-Mart opened its first supercenter in Japan in early April 2004.

Kanebo Japan

Beleaguered cosmetics, food, and textiles firm, Kanebo, says that it will promote its lingerie business in a bid to recover sales and profits in the next two years.

Ten Shino Bra - Angel Bra

The Angel Bra designed by Triumph, a leading lingerie manufacturer, emphasizes the breast's natural shape with pads. Management originally resisted introducing the product, believing that women would resent an artificially emphasized breast. The recalcitrance was misplaced: This year, sales are expected to reach 13 million units.

Januaary 2005 apparel sales, posted a strong performance, up 1.8 percent last month. Department store sales also rose 0.3 percent, while sales of health and personal care products rose 0.6 percent.