Hints and tips:
...“When this management team took over, we defined the challenge as being a complete repositioning of the brand,” said Victoria’s Secret CEO Martin Waters on an August analyst call....
...Victoria’s Secret has struggled to adapt....
...But the 82-year-old is also the longest-serving chief executive of an S&P 500 company, having run Victoria’s Secret’s parent company L Brands since 1963. This can lead to some strange views....
...Tens of thousands of retail workers are already being furloughed without pay at Victoria’s Secret owner L Brands, while Macy’s warned its workforce of about 125,000 on Monday that it was unclear when stores...
...Victoria’s Secret beachwear launch has got a less than sunny reception from some on Wall Street....
...Meanwhile other retailers, such as Victoria’s Secret owner L Brands, have continued to tumble, losing 20 per cent since the start of the year....
...It argues that the secret of her success is a cautious, deliberative style – combined with sharp political instincts....
...There was better news from Limited Brands , which owns the Victoria’s Secret underwear brand, after it beat estimates and raised its full-year forecast....
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