Victoria's Secret - apparel and textile industry company news 
Cautious US consumers weigh on January retail sales
3 February 2012
Post-holiday discounts helped many US retailers lift their sales in January, according to monthly figures released yesterday (2 February), but overall results were mixed as many consumers shopped cautiously amid the struggling economy.
US: Retailers' January 2012 sales roundup
2 February 2012
The following is a general roundup of US apparel and shoe retailers' January 2012 sales results.
Top stories on just-style this week...
20 January 2012
Among the most-read stories on just-style this week was a report that Chinese clothing and textile manufacturers have instigated new wage rises, Limited Brands hit back at allegations child labour is used on farms in Burkina Faso that grow Fairtrade organic cotton used in Victoria's Secret garments, and 249 jobs were axed as value clothing retailer Peacocks went into administration.
BURKINA FASO: Limited Brands, Fairtrade challenge child labour claims
18 January 2012
US retailer Limited Brands and certification body Fairtrade International have challenged a series of allegations that claim child labour is used on farms in Burkina Faso that grow Fairtrade organic cotton used in Victoria's Secret garments.
US: JC Penney appoints Blum as chief technology officer
18 January 2012
JC Penney has appointed Kristen Blum as executive vice president and chief technology officer.
US: Retailers' December 2011 sales roundup
5 January 2012
The following is a general roundup of US apparel and shoe retailers' December 2011 sales results.
UPDATE: US: Limited Brands investigates child labour claims
20 December 2011
US retailer Limited Brands has confirmed that it is investigating a series of allegations of child labour on farms in Burkina Faso that grow Fairtrade and organic cotton used in its Victoria's Secret apparel.
November sales a mixed bag for US retailers
2 December 2011
US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traffic over the Thanksgiving weekend for some, but tougher comparisons with the year-ago period and weaker sales during the rest of the month weighing on others.
US: Retailers' November 2011 sales roundup
1 December 2011
The following is a general roundup of US apparel and shoe retailers' November 2011 sales results.
ISRAEL: Tefron narrows Q3 loss on surge in seamless sales
24 November 2011
Manufacturer Tefron Ltd has narrowed its third quarter loss thanks to soaring sales of its seamless intimate apparel and performance activewear lines.
US: Limited Brands lifts full-year EPS forecast
17 November 2011
Limited Brands has increased its full-year EPS forecast on the back of its strong third-quarter performance.
US: Limited Brands spins off Mast apparel sourcing unit
3 November 2011
Mast Global Fashions, the third-party apparel sourcing division of Limited Brands, is to be spun off as a standalone company after the US retailer sold a controlling stake in the business to New York based private equity firm Sycamore Partners.
US: Retailers' October 2011 sales roundup
3 November 2011
The following is a general roundup of US apparel and shoe retailers' October 2011 sales results.
Chinese makers focus on markets closer to home
24 October 2011
China's perpetually rising costs and currency have, of late, been undermining the country's export industry. But they have also encouraged Chinese clothing retail entrepreneurs to focus on their domestic market - most notably its demographic of Internet-savvy, younger generation consumers.
US: Victoria's Secret Direct taps Armani exec as CEO
14 October 2011
Victoria's Secret Direct, the internet and catalogue division of lingerie retailer Victoria's Secret, has tapped the former CEO of Giorgio Armani Corp as its new chief executive officer.
SRI LANKA: Design Festival highlights sourcing opportunities
11 October 2011
Sri Lanka is gearing up for its third annual Design Festival next month, offering a key opportunity for fashion buyers, brands, retailers, designers and opinion leaders to take a closer look at the country's apparel and textile industry.
September retail sales hint at holiday forecasts
7 October 2011
A strong end to the back-to-school shopping season and postponed demand following Hurricane Irene at the end of August contributed to the solid results rung up by many US retailers in September - but consumer caution continues to hang over holiday forecasts.
SRI LANKA: MAS opens US$5m factory for Pink Collegiate line
7 October 2011
MAS Holdings has opened a new US$5m factory dedicated to the production of clothing for Victoria's Secret's 'Pink Collegiate Collection,' which also calls on the group's lean manufacturing skills.
US: Retailers' September 2011 sales roundup
6 October 2011
The following is a general roundup of US apparel and shoe chains' September 2011 sales results.
US retail sales weather the storms in August
2 September 2011
US retailers weathered a number of storm fronts in August, with a solid start to the back-to-school shopping season helping to mask the impact of higher prices, growing concerns about the economy, and a hurricane that battered the East Coast.
US: Victoria's Secret launches athletic apparel range
2 September 2011
Victoria's Secret has launched a range of athletic apparel called VSX Sexy Sport.
US: Retailers' August 2011 sales roundup
1 September 2011
The following is a general roundup of US apparel and shoe chains' August 2011 sales results.
US: Victoria's Secret Pink expands NFL collection
11 August 2011
Victoria's Secret is expanding its Pink National Football League (NFL) collection to include all 32 teams ahead of the 2011 season.
US: Retailers' July 2011 sales roundup
4 August 2011
The following is a general roundup of US apparel and shoe chains' July 2011 sales results.
US: Kellwood buys Zobha yoga wear firm
28 July 2011
US clothing giant Kellwood Inc is on the acquisition trail again, after adding the first activewear business to its growing portfolio.
US: New Era to expand apparel and accessories lines
28 July 2011
Headgear maker New Era Cap Co is on a recruitment drive as part of plans to expand its product lines and invest more resources on its accessories and apparel divisions.
CANADA: Sears Canada taps apparel merchandising specialist
26 July 2011
Department store retailer Sears Canada Inc has tapped Limited Brands executive Steven Goldsmith as executive vice-president of merchandising, apparel and accessories.
US: OBJE seeks to buy yoga wear firm
26 July 2011
Apparel maker Obscene Jeans Corp is exploring an acquisition or strategic alliance with activewear clothier We Are Yoga LLC, producer of the Wisdom & Co yoga wear line, in a move that would take it into the booming international yoga wear market.
VIEWPOINT: US apparel retail sales shine in June
8 July 2011
While cold weather, storms and flooding dampened demand for spring and summer merchandise in May, US apparel retailers rebounded with a better than expected performance in June after a combination of lower gas prices, sunshine and deep discounting encouraged shoppers to hit the stores.
US: Retailers' June 2011 sales roundup
7 July 2011
The following is a general roundup of US apparel and shoe chains' June 2011 sales results. The list will be updated as new results become available.
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Datamonitor's Limited Brands, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Limited Brands, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Limited Brands (“the company”) is a specialty retailer of women's intimate apparel, beauty and personal care products and accessories. The company primarily operates in the US and Canada. It is headquartered in Columbus, Ohio and employs about 92,100 people of which 75,000 are part-time employees. The company recorded revenues of $8,632 million during the financial year ended January 2010 (FY2010), a decrease of 4.5% compared with FY2009. The decrease in revenues is attributed to a 6% decline in Victoria’s Secret’s comparable store sales caused by a merchandise assortment that did not overcome the difficult economic environment, as well as a decline in third-party sales at Mast. The operating profit of the company was $868 million in FY2010, an increase of 47.4% over FY2009. The net profit was $448 million in FY2010, compared with a net profit of $220 million in FY2009.
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