The owner of Victoria's Secret tumbles after missing on sales, halving its dividend, and replacing its CEO (LB)
Tuesday, 20 November 2018 · *L Brands, the owner of Victoria’s Secret, beat on adjusted profits but slightly missed on sales.*
· *The company also slashed its annual dividend by half, in order to raise cash and reduce liabilities.*
· *Victoria's Secret CEO Jan Singer has resigned and Tory Burch's president John Mehas will replace Singer early...
According to Business Insider, Victoria's Secret has a new CEO to run its lingerie business. The President of Tory Burch, John Mehas will be taking up the position. He will be replacing former CEO Jan Singer. The company is trying to change CEO's to raise it's quarterly earnings and to help it gain...
Victoria's Secret is bringing lingerie from Paris to its online store and two of its brick-and-mortar stores.
Business Insider reports the company on Wednesday announced that it partnered with French..
Once the kingpin of the US lingerie market, Victoria's Secret is increasingly finding itself falling out of favor as attitudes around women's underwear shift.
Critics have said that the retailer's..
· *L Brands, the owner of Victoria’s Secret, beat on adjusted profits but slightly missed on sales.*
![Victoria's Secret Now Sells Parisian Bras For $200 [Video]](https://video.newsserve.net/300/v/20190213/1261058336-Victoria-Secret-Now-Sells-Parisian-Bras-For.jpg)
![These Up-And-Coming Underwear Labels Are Threatening To Dethrone Victoria's Secret [Video]](https://video.newsserve.net/300/v/20181227/1256420481-These-Up-And-Coming-Underwear-Labels-Are-Threatening.jpg)
Did Empire Actor Jussie Smollett Fake His Own Attack?
Brexit: Who Is the Independent Group?
Bernie Sanders Launches 2020 Presidential Bid
The Next James Bond Movie Gets Pushed Back – Again
Twitter Retains Private Messages Even After They’re Deleted – Report
Why Are Indian Lawmakers Pushing for ‘Tiktok’ to Be Banned?
Trump Declares State of Emergency - And Could Be Getting Sued as a Result
Opportunity Bows Out - NASA Says Goodbye to Mars Rover
Send us your feedback | LIKE us on Facebook FOLLOW us on Twitter • FOLLOW us on Pinterest