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