Parent company L Brands raises quarterly earnings guidance twice in one month as a result.
Wexner and wife Abigail will not be up for re-election to the Victoria’s Secret’s parent company board this spring.
Meanwhile, L Brands reiterates plans to separate the lingerie brand from Bath & Body Works this summer.
Parent company L Brands said it will make a decision on the future of the lingerie business in the next six months.
Tamera McLaughlin is the latest face to represent the innerwear brand.
The swim “magalogue” will also return March 1, as the company continues to evaluate its recovery options.
Martin Waters takes the helm as CEO of the lingerie brand with Stuart Burgdoerfer retiring as interim CEO and CFO.
The collection is out through direct-to-consumer on Feb. 11.
Pink CEO Amy Hauk talks about the brand’s evolution to empower women.
Shareholder complaints say Wexner knew about abuse at the hands of disgraced sex offender Jeffrey Epstein — and that it cost the company money.
Parent company L Brands updated its guidance for the fourth quarter as a result.
Bluebell Group is more confident than ever about the Asian consumer as it further expands into new markets.