The struggling fashion retailer announced on Tuesday that it has appointed Jan Singer as its new CEO. Having most recently led Victoria’s Secret, Singer brings over 25 years of experience to her new role.
Multiple La Senza suppliers have filed a Chapter 7 involuntary bankruptcy petition against the lingerie retailer formerly owned by L Brands, alleging that the retailer has defaulted on its obligations.
American model Gigi Hadid appeared as a potential juror in disgraced movie producer Harvey Weinstein's rape and sexual assault trial on Monday, adding a fresh celebrity twist to the high-profile proceedings.
The U.S. holiday shopping period may heighten Wall Street's perception of a growing divide between retailers adapting to online sales and those unable to shake their reliance on dwindling shopping mall traffic.
The Columbus, Ohio-based fashion retailer announced declining sales and widening losses for the third quarter on Wednesday, and has now confirmed that this year’s Victoria’s Secret Fashion Show will not be taking place.