NOVEMBER TRADE NEWS Woolworths confirms administration Textile maker claims innocence in fake goods case VAT cut drives Irish shoppers north of the border Woolworths close to administration Chancellor cuts VAT to 15% Retail sector 'being driven by discounts' Lingerie business to focus on wholesale operations Christmas delivers online shopping BRC warns government of pressure on retailers Wholesaler helps small retailers fight Asda Fraudster made £12,000 from eBay scam Scottish consumers 'tightening their belts' Luxury fashion brand enjoys rise in wholesale activity Weak pound benefits Northern Irish retailers Internet helps small retailers to fight downturn London sales superiority over UK 'dwindling' Cambridge retailers fight proposed Tesco opening Wholesale slump for designer clothing company Small retailers 'under threat Post Office to keep card accounts Wind forces trade fair inland Young consumers 'susceptible' to brands Christmas cheer in store for small retailers Local shops play vital community role Retailers told to expect flat sales this Xmas Keep Trade Local campaign comes to London Park Cameras bags Retailer of the Year award Retail sales plummet to three-year low Christmas 'make or break' for small retailers UK traders invited to enter Retail Week Awards Mary Queen of Shops to help Birmingham retailers Scottish Asda store criticised by local resident Low interest rate good news for small firms Markets must support each other, says CGTA Banks urged to pursue small business funding BRC to launch new online retail sales indicator Small retailers voice optimism in Kendal Portsmouth hosts bash for local newsagents Argos under fire for 222% APR store card Emergency funding for ailing small firms Stolen goods warning for Worcestershire retailers Trade News Archive November 08 October 08 September 08 August 08 July 08 June 08 May 08 April 08 March 08 February 08 January 08 Subscribe to our newsletter   Go to The Wholesaler UK Directory  21st November 2008 Lingerie business to focus on wholesale operations A struggling lingerie company is hoping to rally a comeback by dropping its failing retail enterprise and focusing on its core wholesaling activities, it has been reported. According to thisisnottingham.co.uk, Long Eaton-based clothing company Intimas has agreed a new loan deal with Lloyds TSB which will allow it to steady itself in the current economic climate. Specialising in lingerie, nightwear and swimwear, the firm has recently suffered heavy trading losses. But it is believed that the appointment of a new head in John Gibson will help the ailing company to right itself. The website reports him as saying that Intimas is trying to "get back to basics" with a new strategic plan to work towards. "We're a wholesaler with a private label division and a branded division and we need to grow revenue in those two divisions over the course of the next three years," Mr Gibson added. As well as designing its own product ranges, Intimas also produces lingerie and swimwear for Lepel, DM, Charnos Lingerie and Ted Baker Intimates.   (c) 2008 Adfero Ltd. Comment on this news story