Story
Panty and Stocking are angels who were kicked out of heaven due to their bad behavior. They are sent to Daten City (a pun on the Japanese word, "datenshi" (堕天使, lit. Fallen Angel?) ), a place located somewhere between heaven and hell, where strange monsters called "Ghosts" start terrorizing the place. Under the watchful eye of Reverend Garterbelt, it's up to Panty and Stocking to destroy these Ghosts, and by doing so they receive Heaven Coins which will allow them back into heaven.
Stocking (ストッキング, Sutokkingu?)
Panty's younger sister. A violet-haired 'goth loli' girl with a gluttonous appetite for sweet desserts. Her stockings transform into a pair of swords: "Stripes I & II." Of the two, she is the intelligent and responsible one. However, she can be as mean as Panty, if not more so. She is almost always seen carrying around her plush cat, Honekoneko (ホネコネコ?, lit. "Bone Kitten"), whose expressions often match Stocking's mood. Unlike her sister, she isn't as interested in sex and does not eat any spicy food.