200 jobs at risk at Intimas
Intimas, which is based in Long Eaton, called in administrators Pricewaterhouse Coopers after struggling in the economic downturn.
The company, which also manufactures women's lingerie and swimwear for clothing giant Ted Baker, is looking to secure new investment after suspending shares last month.
Intimas chairman John Gibson said the firm would be working with administrators to try and prevent job losses.
He said: "The directors, working with the joint administrators, will do everything in their power to ensure a future for the business and secure jobs for the current employees."
Stuart Maddison, from Pricewaterhouse Coopers, said: "Intimas is a well known group with a number of strong brands in its portfolio, which has unfortunately become another victim of the recession.
"Our main priority now will be to review the outstanding order position and to look to achieve a sale of the business and its key brands."
In 2006, Intimas signed a three-year deal to manufacture goods for Caprice Lingerie.
The firm, formerly called Sherwood Group, reported losses of £1.65m in the first half of last year.
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