https://komonews.com/news/business/a-di ... 02-20-2020
Sycamore Brands (which manages companies such as Belk, Hot Topic and Coldwater Creek) is buying a 55% stake in Victoria's Secret from its parent company L Brands. The brand has been struggling lately, with 12% same store sales drops over the past holiday season and questions about the CEO's former ties to Jeffrey Epstein.
Majority stake in Victoria's Secret sold
-
- Store Manager
- Posts: 1425
- Joined: March 1st, 2009, 5:51 pm
- Location: Piedmont Triad, NC
- Been thanked: 56 times
- Contact:
- Status: Offline