Home / Knowledge / News / Apparel/Garments / Japan's Wacoal buys UK lingerie firm Eveden
Japan's Wacoal buys UK lingerie firm Eveden
Apr '12
Japan's leading lingerie firm Wacoal Holdings Corp., has announced acquisition of Eveden, the UK-based specialist in designing and manufacturing high quality, fashion conscious lingerie and swimwear for D+ sizes, for a sum of around £150 million.

Wacoal said it will utilize its cash reserves and secure bank loans to purchase all shares of the Kettering, Northamptonshire-based company.

LDC, the leading UK regional mid-market private equity house and part of the Lloyds Banking Group, bought a minority stake in Eveden in 2006. Since then, Eveden has consistently outperformed and has consolidated its UK market position, and has also expanded to other countries.

Founded in 1920, Eveden currently manufactures about 5,000 innerwear items a year, which it sells across 50 countries.

The company owns brands like Fantasie, Freya and Goddess that currently dominate the larger-sized lingerie market. It has also acquired French lingerie brand Huit and increased its employee base to 660.

In 2010-11, Eveden's sales grew by 18 percent year-on-year to £81.9 million, while its profits surged by 47 percent year-on-year to £8.4 million.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search