The lingerie and beachwear segment of the Eurovet and Igedo joint venture CPM will be presented under a new name: Moscow Fashion Lingerie & Swim, but on a smaller scale due to the financial crisis in Russia.
The American group has inaugurated a new 915,000 ft² factory that can produce up to 67 million units per year in the north of the country. It will be dedicated to the fabrication of woven boxers and bras.
Underwear maker Hanesbrands said it will buy former sister company DBApparel in a deal valuing the company at 400 million euros ($545 million) on an enterprise basis, bringing back together two global lingerie brands.
Hanesbrands Inc, whose labels include the Wonderbra, said it will buy lingerie company Maidenform Brands Inc for $547 million to boost its product line up. The offer of $23.50 per share represents a premium of 23 perc...
Underwear maker Hanesbrands Inc said it would cut production of basic apparel used in screen printing and exit its private label business and the Outer Banks sportswear brand as it seeks to prop up falling margins.