Victoria's Secret Archives - Inside Retail Asia
The high-profile Victoria’s Secret Hong Kong flagship store has been closed suddenly, on the eve of the territory’s public holiday.
As fast-fashion label H&M expands its focus both online and offline in Asia, the company is going glocal, tapping local models and creative partners.
The Victoria’s Secret UK business has been placed in administration – and it is not just a victim of the Covid-19 crisis, says one analyst.
The future of lingerie retailer Victoria’s Secret China business is under review as the company moves to permanently close 250 of its US stores as it seeks to restore profits.
The ongoing saga of Victoria’s Secret’s survival took another significant turn overnight as parent L Brands confirmed the deal with private-equity company Sycamore Partners was cancelled and it now plans to spin the business off.
Sycamore Partners’ rescue plan for troubled lingerie retailer L Brands is all but off with the two companies headed to court after the private-equity company unilaterally cancelled the bid.
That L Brands has opted to sell a majority stake in Victoria’s Secret is a tacit recognition that the brand was on the road to nowhere under its previous leadership. This is underlined by the departure of Les Wexner as CEO and chairman of the company. The deal with private-equity company Sycamore potentially gives Victoria’s Secret a chance to reassess and rebuild. However,…
Victoria’s Secret’s annual fashion show, where supermodels once walked down the runway wearing giant “angel” wings and elaborate lingerie sets, will not occur this holiday season.
The Phluid Project, a New York brick-and-mortar shop specialising in gender-free apparel is setting a new standard for retailers, tapping into a key Gen Z trend.
Longtime Victoria’s Secret chief marketing officer Edward Razek will resign following months of negative PR centred on his comments about plus-size and transgender models
Israeli apparel group Delta Galil Industries is to buy Hong Kong-headquartered intimate apparel maker Bogart Group.
A root-and-branch review of the Victoria’s Secret business has spelled the end of its famed televised catwalk shows.