Victoria's Secret parent company L Brands confirmed on Thursday that it will not air its fashion show this year after falling ratings and backlash to the event in recent years.
Victoria's Secret posted another quarter of declining sales as the brand continues to lose its grip on shoppers.
One of Victoria's Secret's key executives is stepping down as the retailer deals with a battering year.
Underwear brand Victoria's Secret has hired Brazilian model Valentina Sampaio -- the company's first openly transgender model -- Sampaio's agent has confirmed.
It's no secret that fewer people are buying bras, panties and other intimate apparel at Victoria's Secret. The company's sales have been sliding for a while, and one Wall Street analyst thinks time may be running out for the retailer's parent company, L Brands, to fix it.
Les Wexner, CEO and founder of Victoria's Secret parent company, L Brands, has been caught up in the Jeffrey Epstein scandal. Speaking publicly about his connection for the first time since Epstein's arrest, Wexner said Monday he severed ties with Epstein 12 years ago.
Victoria's Secret plans to close 53 stores this year as more women desert the brand for lingerie startups and big retailers.
Victoria's Secret is struggling. That's an opportunity for Target.
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year.
Singer Halsey performed at Victoria's Secret Fashion Show Holiday Special, but she's called out the company on Instagram.
Victoria's Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand's grip on the lingerie industry.
Henri Bendel is going out of business.
Victoria's Secret customers are shopping online, but it's not doing the company much good.
Traditional retailers may have done better than expected during the holidays. But many department stores are still trying to figure out how they can compete with Amazon.