Bras N Things
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Bras N Things is a
lingerie Lingerie (, , ) is a category of primarily women's clothing including undergarments (mainly brassieres), sleepwear, and lightweight robes. The choice of the word is often motivated by an intention to imply that the garments are alluring, fashio ...
retailer. It is owned by Hanes Australasia and operates in Australia, New Zealand, South Africa and the United States.


History

In 1986, Brett Blundy sold his 60% stake in the Jetts music store chain to his former partner for $600,000. This left Blundy to pursue an idea he had three months before the Jetts sell-off, after he noticed one of his "fashionable" female store managers kept wearing a broken
bra A bra, short for brassiere or brassière (, ; ), is a type of form-fitting underwear that is primarily used to support and cover a woman's breasts. A typical bra consists of a chest band that wraps around the torso, supporting two breast cups ...
, held together with a
safety pin A safety pin is a variation of the regular Pin (device), pin which includes a simple Spring (device), spring mechanism and a clasp. The clasp forms a closed loop to properly fasten the pin to whatever it is applied to and covers the end of the p ...
. Knowing that most lingerie at that time were beige in colour with unflattering cuts, he wanted to sell underwear in various cuts and colours, alongside
G-strings A G-string is a garment consisting of a narrow piece of material that barely covers the genitals, a string-like piece that passes between the buttocks, and a very thin waistband around the hips. There are designs for both women and men. Men's G- ...
that were unheard of for casual wear. Three months later, he took out his first franchise in The Bra Shop chain at Chirnside Park Shopping Centre, mainly selling brand name product, but gradually sourcing different lines independently of the franchise (his first run of 15 G-strings sold out in one day). Bryan Luca, the franchisor of The Bra Shop, entered into an agreement with Blundy to buy his three
Victorian Victorian or Victorians may refer to: 19th century * Victorian era, British history during Queen Victoria's 19th-century reign ** Victorian architecture ** Victorian house ** Victorian decorative arts ** Victorian fashion ** Victorian literatur ...
stores in exchange for Luca's four underperforming Bras N Things outlets in
New South Wales New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South ...
and a guarantee to not trade in Victoria. Brazin Limited officially commenced operation after Blundy expanded Bras 'N' Things into
South Australia South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which in ...
and then
Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...
. In 1990, with Bras 'N' Things expanded to 60 stores around the country, Luca started to progressively sell his remaining Victorian Bra Shop outlets to Blundy in groups of six at a time with all eventually being sold and renamed to Bras 'N' Things. In May 1999, Brazin created Viva Lingerie, targeting a different demographic to Bras 'N' Things – the former, focused on young, price-conscious women. Also in that year, Brazin acquired another 9 lingerie retail stores from Triumph International. By the end of 2008, BBRC sold its controlling interest in Bras 'N' Things to ANZ and IMF Investors. In November 2013, Blundy and
Sanity Sanity (from ) refers to the soundness, rationality, and health of the human mind, as opposed to insanity. A person is sane if they are rational. In modern society, the term has become exclusively synonymous with ''compos mentis'' ( and ). The ...
owner Ray Itaoui each bought 50 per cent stakes in Bras N Things from ANZ and IMF Investors. Announcing the deal, Blundy said to the media, "Today, more than ever, I believe in Bras 'N' Things and our business model. I believe in our customer and I believe in our people." Asked about Itaoui, he added, "Ray has done a remarkable job with Sanity. We have always worked well together and I'm excited about our next venture taking Bras 'N' Things to the next level." In March 2016, Bras N Things expanded to
South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...
, opening a store in
Johannesburg Johannesburg ( , , ; Zulu language, Zulu and Xhosa language, Xhosa: eGoli ) (colloquially known as Jozi, Joburg, Jo'burg or "The City of Gold") is the most populous city in South Africa. With 5,538,596 people in the City of Johannesburg alon ...
. In February 2018, Bras N Things was sold to Hanes Australasia for an estimated A$500 Million.


References


External links

* {{HanesBrands Clothing brands of Australia Lingerie brands Lingerie retailers Hanesbrands