Recent events
Recent events tied to this brand in public sources.
Back to profile2 entries
2020
Victoria’s Secret UK division files for administration
Victoria’s Secret’s UK division filed for bankruptcy protection on June 5 amid the COVID-19 pandemic. L Brands said the move could lead to asset sales or changes to store lease terms.
2020
L Brands announced sale of a majority stake in Victoria’s Secret
L Brands announced that it would sell a 55% interest in the Victoria’s Secret lingerie, Victoria’s Secret Beauty and PINK brands to Sycamore Partners for $1.1 billion. The report describes a planned transaction, not a completed sale.