Soma news and archive

Soma launches Bodify smart bra based on three years of consumer research

Lingerie brand Soma surveyed 1,500 women over the course of 3 years to create what it believes is the smartest bra on the market, the Bodify, launching today. During an exclusive 2-day pop-up event in NYC, FashionUnited spoke to Holly Wilson, Vice President of Design at Soma Intimates, about common bra-shopping challenges, or “brablems” as the...

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Business

Chico’s Q1 net loss contracts, sales up 38.4 percent

For the first quarter, Chico’s FAS Inc., reported a net loss of 8.9 million dollars or 8 cents loss per diluted share compared to a net loss of 178.3 million dollars or 1.55 dollars loss per diluted share, for last year’s first quarter. Net sales for the quarter were 388 million dollars, 38.4 percent increase. “Our first quarter results...

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Fashion

Soma launches new loungewear collection and brand refresh

Soma, an intimate apparel brand, has launched a new loungewear collection, Soma WKND, and a brand refresh that embraces beauty, strength and creativity. The collection is made with sustainable eco-yarn that consist of soft recycled yarns made from plastic bottles. The clothing is made up of multiple fabrications that are soft and lightweight. It...

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Molly Langenstein promoted to CEO role at Chico's

Chico’s FAS has announced the promotion of Molly Langenstein to CEO and President of the company, effective June 24, 2020. The company said in a statement that Langenstein is a 30-year retail fashion veteran with a proven track record of success in revitalizing sales and profitability will also become member of the board of directors. Since...

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Chico's announces CFO departure, raises Q4 outlook following positive holiday season

Chico’s FAS, Inc. has announced the resignation of executive vice president and chief financial officer Todd E. Vogensen, effective January 17, 2020, to accept a CFO position with another company. The company added that Jennifer Ellis, Senior Vice President, Finance, has been appointed Interim Chief Financial Officer, effective February 3, 2020....

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Business

Chico’s reports Q3 loss, comparable sales down 2.2 percent

Chico’s FAS, Inc. has said that net sales for the third quarter were 484.7 million dollars, a decrease of 3 percent, which reflects a comparable sales decline of 2.2 percent as well as the impact of 58 net store closures since last year’s third quarter. Net loss for the period was 8.1 million dollars or 7 cents per diluted share, compared to net...

Fashion |UPDATE

COS launches Soma at Pitti Uomo 94

London-based fashion label COS launched Soma, a seasonless capsule collection of 17 menswear essentials at Pitti Uomo this week. Nine dancers presented the collection through a choreography by Wayne McGregor at the Istituto degli Innocenti in Florence during a contemporary performance at the 94th edition of the menswear trade fair. Each piece in...