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Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, ...
CEO Hillary Super was brought on 10 months ago to revive the lingerie brand after years of falling profits and leadership scandals.
In short, Victoria's Secret's closures are a recognition of the need to reenergize its brand, while modernizing and diversifying its sales platforms. Read the original article on Money Digest .
Victoria’s Secret & Co. is being targeted by another activist investor seeking a shake-up of its business. Barington Capital Group has built a stake of more than 1% in the lingerie retailer and ...
The company forecasts net sales for 2025 to be between $6.2 billion and $6.3 billion, a year-over-year increase of 0.3%, versus 0.9% in 2024.
Victoria’s Secret’s website remained offline on Thursday, days after the lingerie company was hit by a cyberattack that has disrupted its online sales and sent its stock price lower.
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