Aug. 19, 2025
| This week’s direct-to-consumer news and insights for retail leaders
Now leading the brand is Christine Vellani, who has worked in merchandising and new business at the lingerie giant for nearly six years.
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Executives called tariffs “manageable” with a mix of price hikes, production efficiency and vendor negotiations, among other moves.
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The SoHo location will feature bra bars, as well as a selection of the brand’s underwear, activewear and its teen brand, Kt by Knix.
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Josh Simon, the third person serving in the top spot this year, joins following the company’s $41 million loss and 20% workforce reduction in Q2.
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The privately held brand is seeing sales gains, including among U.S. and Canadian customers, at a particularly volatile time for the footwear industry.
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The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, hosiery and shirts.
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What We're Reading
Bloomberg
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Modern Retail
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Women’s Wear Daily
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Glossy
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Inc.
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