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Business

Bravissimo acquired by UK subsidiary of Japanese lingerie giant

Wacoal Europe Limited, the UK subsidiary of Japanese lingerie giant Wacoal Holdings Corp, has announced its acquisition of British lingerie and swimwear brand Bravissimo. Wacoal confirmed the news in a press release, in which it said that it had entered into a share purchase agreement to acquire the Warwickshire-based Bravissimo Group Limited....

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BusinessFeatured

Bravissimo full-year revenue falls as lockdowns bite

British lingerie and swimwear retailer Bravissimo has reported a 30.1 percent drop in revenue in the year to October 2020 as the pandemic took its toll on the business. Revenue in the 12 months fell to 42.1 million pounds from 60.2 million pounds a year earlier, according to documents filed at Companies House. The retailer’s pre-tax loss also...

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