Victoria's Secret Plotting Turnaround As Private Company Unlisted Video
4 years ago
19
ESBP/STAR MAX/IPx Victoria's Secret is preparing itself for a major turnaround after several years of sliding sales. On Thursday, its parent company L Brands said it would be selling a 55% stake in the lingerie retailer to private-equity firm Sycamore Partners. Under the terms of the deal, Victoria's Secret will go private.
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