
The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
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The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
Costa Paz will oversee the creative direction for the brand in the U.S. and the U.K. and help guide Vogue’s approach to content in all formats through all of the company’s owned and operated editions worldwide.
Burgeoning collections, not enough inclusivity, over-reliance on promotions: the US lingerie label has its work cut out to refashion its range and shine again, according to a study by marketing metrics firm Retviews.
Victoria's Secret swimwear is set to make a comeback in stores with the launch of the 2021 swim collection.
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
L Brands Inc, owner of Victoria’s Secret and Bath & Body Works, said on Thursday that Chief Financial Officer Stuart Burgdoerfer will retire in August after more than 14 years on the job.
Fast-expanding retailer Next and its US partner Davidson Kempner are being widely touted as the frontrunners to buy failed Arcadia out of administration.
L Brands, the Columbus, Ohio-based owner of Victoria’s Secret, announced a 1.8% decrease in net sales over the holiday period, as comps at the lingerie brand slipped 9%.
M&S is reportedly close to a deal to buy Jaeger, which is part of Philip Day’s failed Edinburgh Woollen Mill Group. But while it’s believed to be taking on the brand and its stock, the stores aren’t part of the deal.
Fast-growing retail giant Next is believed to be talking to a major US investment firm about a joint bid for failed group Arcadia and would want to keep a big chunk of its stores open.