The two retailers are in their own version of a corporate Thunderdome.
The mall boutique said back-to-school has been “very challenging.”
Company executives admitted sales are still weak and wavered in their expectations of a turnaround this year.
Its retail business led the surge, where luxury fashion is now a core focus.
European stock markets were down in late morning trading on Thursday, with the FTSE 100 in London leading the way.
The Victoria’s Secret parent has had a rough year after switching up its approach under the direct guidance of Leslie Wexner.
Retail, luxury stocks were also on the rise.
Founder and ceo Richard Hayne said Urban Outfitters and Anthropologie could perform better.