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Victoria’s Secret

Financial Markets

L Brands Beats Street 4Q Forecasts

L Brands Inc. on Wednesday reported fiscal fourth-quarter net income of $636 million. The results surpassed Wall Street expectations.


Workplace & Talent

Power Moves | Victoria's Secret CEO Resigns, Executive Hires at Calvin Klein

BoF compiles the most important professional moves of the week.


China

Victoria’s Secrets Revealed as Bramaker Becomes Billionaire

Chairman of the world’s biggest bra-maker, Hung Yau Lit's fortune rose to $1.1 billion as lingerie supplier Regina Miracle International Holdings Ltd. has soared since its October initial public offering.


News & Analysis

Would You Buy Clothes Made in Prison?

Companies, social enterprises and fashion schools are working with prisons to make clothing. But is it possible — and ethical — to build a fashion business behind bars?


Financial Markets

L Brands Tops 3Q Profit Forecasts

L Brands Inc. on Wednesday reported fiscal third-quarter net income of $164 million. The results surpassed Wall Street expectations.


Marketing

The Power of Victoria's Secret Pink

The brand, more loungewear than sexy lingerie, was introduced in 2002 to attract high school and college girls.


News & Analysis

Urban Outfitters to End On-Call Shifts for New York Employees

Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.


Retail

Limited Brands Rises After August Sales Top Analysts’ Estimates

Limited Brands Inc. rose the most in almost seven months after posting August sales that topped analysts’ estimates, led by its Victoria’s Secret lingerie brand.


Financial Markets

L Brands Matches Street 2Q Forecasts

L Brands Inc. on Wednesday reported fiscal second-quarter profit of $202.5 million.


News & Analysis

The Answer to a Shrinking US Bra Market: A Brassiere That Fits

To reignite growth, bra makers are shifting away from the push-up bras popularised by Victoria’s Secret and emphasising fit and comfort.