5h

Victoria’s Secret Sales Grow as CEO Hillary Super Wins Turnaround

Victoria’s Secret & Co. reported a sales increase of 8 percent to 2.3 billion dollars while projecting annual revenue of up to 7 billion dollars.Hillary Super led the retailer to its strongest comparable sales growth in four years by focusing on core brands and modernizing the strategy.The company is conducting a strategic review of its DailyLook asset for potential divestiture following impairment charges from the Adore Me purchase.Investors have pushed the stock price up over 300 percent from its previous lows as the brand recovers from past controversies and challenges.
Published:5h
Tags
Read more
Discuss