Victoria's Secret is broken and its Pink franchise is in the 'early innings' of a long decline (LB)

Victoria’s Secret and its Pink branch, owned by L Brands, are in the “early innings” of a long decline, according to an analyst at Jefferies. The decline for Victoria’s Secret and its Pink branch, owned by L Brands, is just beginning, according to analysts from Jefferies. Victoria’s Secret’s August same-store sales dropped 5% compared to the previous year, below the 3.8% decrease expected. …read more

Source:: Yahoo Finance

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