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Victoria’s Secret

Retail

Sycamore Partners Seeks to End Victoria's Secret Acquisition Deal

The firm argued in a filing that parents L Brands has eroded the value of the lingerie seller by furloughing staff and missing rent payments.


Workplace & Talent

Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair

This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.


Retail

For Lingerie Brands, Taking on Victoria's Secret Is Harder Than It Looks

The Sycamore Partners-backed lingerie brand may be losing relevance, but no successor in the highly competitive women's intimates market has emerged.


Retail

L Brands Predicts Losses Amid Victoria's Secret Sale

The deal with investment firm Sycamore Partners looks unlikely to curb the company's quarterly net loss of $192.3 million.


Sustainability

Alex de Betak on Why Fashion Shows Must Change

The sought-after producer is responsible for some of the most opulent and over-the-top fashion shows of the last 30 years. Now he’s going public with efforts to radically reduce the impact of the industry’s most important marketing moments.


Luxury

Victoria's Secret: Bargain of the Century?

Scandals aside, Victoria’s Secret has the market know-how and the retail network to remain on top — with the right guidance. Can new owner Sycamore Partners pull it off?


Retail

Victoria's Secret's New Owner Has a History With Troubled Brands

As the down-and-out lingerie maker announces the sale of a majority stake to Sycamore, BoF breaks down how the private equity firm has dealt with its past acquisitions, from Hot Topic to Stuart Weitzman.


Luxury

All Eyes on Prada in Milan

This week, everyone will be talking about Prada rumours in Milan, the one-year anniversary of Karl Lagerfeld's death and a potential sale of Victoria's Secret. Get your BoF Professional Cheat Sheet.


Retail

The Victoria’s Secret Opportunity

Under new ownership and management, the lingerie giant will have a chance to truly transform itself and reclaim the market share it lost to body positive competitors.


Retail

Report: L Brands CEO in Talks to Step Aside and Sell Victoria's Secret

The move comes as the nearly $6-billion company faced slumping sales at the lingerie giant for at least four quarters.