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Articles Of Interest

Felina Buys
Jezebel
Page 1

Brides go Sexy
Page 1

Quotas are Death?
Page 1

U.K. Imports Up
Page 1

Top 10 Lingerie Mfg's
Page 1

McPete Sez Mailbag
Page 2

Victoria's Little Secret
Page 2

International Lingerie Show
Page 2

Ask Andy
Page 3

Argos selling Pre-teens
Page 3

International Lingerie Show
Page 3

J. Lo's Love scenes
Page 4

International Lingerie Show
Page 4

Woman's Wear Shows
Page 5

Lingerie Runway Fashion Show
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   May 1,  2002                                 Issue #72



       Mcpete Sez, 
The Lingerie Newsletter 
                   & 
  Women's Wear Journal.

                 

Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
       Swimwear-Dancewear-Clubwear-Funwear 
                              Ready to-wear.

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The new Feature Pavilion at Interstoff Asia Spring International Fabric Show reveals what women have long known - there is something special about lingerie. Retail sales indicate that women today are buying fewer outer garments, while spending more on their innerwear.

    
Jezebel, bought by Felina
Jezebel, a 50 year old company that has fallen on tough times over the last 10 years has been sold to Felina, a Los Angeles based company for an undisclosed price.
Jezebel had a volume of $4-5 million a year in the late nineties, and Felina is hoping that they can obtain $5-7 million in the 1st year of the takeover.
The company had originally been taken over by Sirena Inc. after it had declared Bankruptcy. Sirena then sold the company to Foothill Capital, a factoring firm.  And then Mr. Elliot Roberts (a private investor) had bought the company from Foothill Capital in Oct.2001, only to resell it to Felina. 
With retail prices ranging from $24-$29. the Jezebel brand is aimed at major department store, specialty stores as well as Boutiques and specialty chains. 

There goes another Bra company
Vogue Desouss closes their U.S. & Canadian Operations.

   U.S. Economy Surged at 5.8%
The U.S. economy surged in the first quarter at the fastest pace in more than two years as consumers spent solidly and a year-long trend of sharp cutbacks in business inventories showed signs of tapering off, the government said Friday. 
 

32/48

The 90 billion yuan (about HK$84.33 billion) a year underwear industry is using laser technology to make products more suitable for mainland women. The country's first hi-tech lingerie research facility, which opened this week, aims to create underwear that is more attractive and a better fit for Chinese people. 

                   Brides Go Sexy
Sol Bride, a Denver-based boutique devoted to wedding-day lingerie, recently went national with a 40-plus-page catalog featuring Frederick's of Hollywood-style thongs and bustiers alongside the peignoir sets.
 Fashion designers, who just wrapped up a week of bridal shows in New York, are leaving little to the imagination come the honeymoon. For More on this click here

   
A fabric firm from Northern Ireland on Wednesday launched a sweat-busting chemical process that it claims makes cotton, linen and other apparel cooler to wear. Lintrend claims its new Coolfix technology - which has taken eight years to develop - helps prevent sweating as it gives fabrics a thermostatic quality that regulates body temperature. 


Lingerie Shows from around the world are expanding to the U.S. from Europe & So. America.  
We are now showing more Lingerie than ever before, as foreign fashions are finding their way to the U.S.

May Department Stores Co., St. Louis, MO made known it plans to open more than 200 new stores in the next 4 years. 
The company stated that it intends to open 62 new department stores and up to 150 bridal stores as well as remodel a significant number of existing stores by 2006.

   Are Quota's The Death of the Industry?
Garment buyers, middlemen and suppliers are just beginning to come to grips with the changes that will take place in the quota-free world after 2005. Retailers must change to ensure they get the lowest costs, garment importers and export agents must define a new role for themselves, and half the factories in the world will almost certainly fail.
On 1 January 1963, Hong Kong agreed to temporarily restrict exports of cotton garments and textiles to the United States in order to allow the US industry to become more competitive –thus starting what was later to be called the Multi Fiber Agreement.
Thirty-nine years have passed. The US garment and textile industries have yet to become competitive. In fact, today they're in the worst shape in history. In the past five years alone the US textile industry has lost over 180,000 jobs, the garment industry even more. 
Something is clearly wrong. Not only has protection failed to save the textile and garment industries, it is now obvious that protection has for 40 years been the single greatest factor leading to their collapse. The problem is that protectionism has a myth and a reality, and each is very different to the other.
Quotas destroy and distort
In the end, quotas not only destroyed the US garment industry, they distorted everybody else's industry as well. Factories were built in countries with no garment industry, no trained workers and no technical skills, places where you could not even find a zipper or a button, just to evade quota. from Just-Style.com


8/24       
 
U.K. estimates the total retail sale of women's lingerie, corsetry and hosiery to be £1.55bn in 1999 ($3 bn U.S.) with sales of brassieres accounting for around a third of the value.
The UK clothing industry has struggled for some years against a downturn in demand and an increase in value, and an improvement in the quality of imported goods. 
The lingerie sector has been no exception.
Between 1996 and 1998, imports of lingerie rose by almost a third, while exports fell by 6.6% in a trend unlikely to be reversed, especially with rises in the interest rates strengthening the pound still further.
Retail pricing has been aggressively competitive, and traditional High Street chains (which have held the lion's share of the value of lingerie sales) are facing increased competition from other sources, such as supermarkets, mail order and online shopping.
Many of the principal manufacturers of lingerie and hosiery have moved, or are intending to move, some production abroad, where labor and production costs are relatively cheap compared to the UK.

      Pearl Bras!!
          What Next ?

A model wears a 15 million yen (about $117,000)
bra and bikini bottom, crafted with 3,000 pearls and antique Belgian lace, in Tokyo April 27,
2002. Woman's lingerie manufacturer Triumph
International Japan said the 'Pearl Bra' uses the highest quality pearls in four sizes, ranging from 1.9 mm to 4mm in diameter. 

 Hope my wife doesn't see this!


     Dupont to sell off Textile Company's?
Fibre giant DuPont Co  reported to be looking at selling off its nylon, polyester and Lycra unit.
The Delaware-based company's chief executive officer, Charles Holliday, said he wants to shed the fibre unit and focus on its more profitable lines.
DuPont's 2001 results - revealed yesterday - showed it made only $60 million from the textiles unit while its four other units made $1.8 billion.
Its fibre and textile sales were hit by fierce competition from cheaper producers based in countries with lower production costs such as China.

Top Intimate Apparel & Lingerie Manufacturers
Rankings are compiled by InfoMat Researchers and are based on several indicators including sales volume, growth, and brand recognition. 
(1) Sara Lee Apparel,  (2) VF Corp (3) Warnaco Group
(4) Maidenform  (5) Playtex (6) Alba Waldensian
(7) Bestform Foundations  (8) I Appel  (9) Warners
(10) Gelmart Industries 





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