Fredericks of Hollywood

Frederick's of Hollywood, the racy lingerie store that famously introduced the the first push-up bra and brought the first bikini to the U.S., has opened its first international store in a surprising place: the United Arab Emirates. Here's why the move, weirdly enough, might make sense.

How's this for support you can afford? This week, both Victoria's Secret and Frederick's of Hollywood announced plans to roll out less-expensive versions of their signature unmentionables in response to curtailed consumer spending. Frederick's, which has seen a 23% drop in sales, hired a former...