Victoria’s Secret has launched a new programme through which it has said it is aiming to donate essential undergarments to one million women and young adults by 2025. The ‘VS&Co Essentials’ initiative will begin with a donation of nearly one million panties to be distributed to around 140,000 women across the US, with each to receive a one-week...
Aug 11, 2022
Victoria's Secret & Co announced Tuesday it has cut around 160 management roles, or approximately 5 percent of its home office headcount, as part of a reorganisation of the business. The US retailer also announced a number of changes to its leadership team. Amy Hauk, who has been chief executive of the company’s Pink brand since 2018, will take...
Jul 13, 2022
More than a thousand sacked Thai garment workers who made bras at a factory supplying lingerie giant Victoria's Secret have received a landmark 8.3 million dollar settlement, labour rights activists said Saturday. Brilliant Alliance Thai closed down its Samut Prakan factory in March 2021 after going bankrupt. But the 1,250 laid-off workers –...
May 30, 2022
Victoria’s Secret has announced that it will be launching a curated digital platform designed to connect consumers with new brands selling intimates, lifestyle and swimwear products. VS&Co-Lab, which will launch as a new section of the lingerie giant’s e-commerce site, will build on its strategic partnerships, opening its doors with a collection...
May 27, 2022
Lingerie giant Victoria’s Secret has published its first-ever environmental, social and governance (ESG) report outlining the steps the company has made in these areas so far and what it needs to continue to work on. In an opening statement, CEO Martin Waters said the company was continuing its “journey” of improving its relationship with its...
Apr 12, 2022
Lingerie giant Victoria’s Secret has announced the completion of a joint venture with Regina Miracle International in regards to its company-owned business in China. The agreement will see Regina Miracle own 49 percent of the lingerie company’s China-based operations, including its Victoria’s Secret stores and online business. Victoria’s Secret...
Apr 7, 2022
Lingerie giant Victoria’s Secret & Co. has acquired a minority interest in women-founded beachwear brand Frankies Bikinis. The Califonian label, founded in 2012 by Francesca Aiello, is widely known for its Malibu aesthetic, translating the laid back vibe of the beachy region into its apparel and identity. In a release, Victoria’s Secret CEO,...
Mar 25, 2022
Victoria’s Secret Pink has selected TikTok creator Remi Bader as its brand ambassador and size consultant as it ups its size inclusivity. The year-long partnership with the plus-size model is part of the brand’s mission to empower young adults and comes as it continues on its new course of action to refresh the brand identity. Bader will be part...
Feb 18, 2022
Victoria’s Secret & Co has sold 49 percent of its China business to Hong Kong-based lingerie company Regina Miracle for 45 million dollars in cash. The two companies have formed a joint venture with an aim to help Victoria’s Secret expand in the Chinese market. Under the joint venture, Regina Miracle will operate all Victoria’s Secret stores and...
Jan 27, 2022
The UK arm of US lingerie retailer Victoria’s Secret is reportedly being put into liquidation. A spokesperson for administrators Teneo said a judge has approved the liquidation for what’s left of the UK part of the business, which will allow dividends to be paid to creditors, according to PA Media. It is understood that because Victoria’s Secret...
Aug 3, 2021
Victoria’s Secret Pink has announced it will be working with Grammy-nominated artists Chloe and Halle Bailey. The sisters have revealed their favorite Pink styles to wear and will also be launching exclusive capsule collections. The duo’s favorite loungewear, activewear, intimates, and accessories can be viewed online. Victoria’s Secret Pink...
Jun 3, 2021
Victoria’s Secret owner L Brands has announced it will be cutting around 15 percent of its head office workforce in a bid to cut costs amid the Covid-19 pandemic. The move is part of a wider strategy by L Brands which aims to deliver approximately 400 million dollars in annual cost reductions. Approximately 175 million dollars of savings are...
Aug 3, 2020
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