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In an open letter to Victoria’s Secret published on June 16th, Barington Capital, an activist investor, told Donna James, the brand’s chairwoman, that the company is failing its shareholders.
Victoria’s Secret & Co.’s CEO Hillary Super is under fire just nine months into her tenure from an investor who would like to see the lingerie giant step back into the past.
Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, criticizing CEO Hillary Super's leadership strategy.
NEW YORK (Reuters) -Activist investor Barington Capital Group is pushing Victoria's Secret to alter its board and end a recently adopted "poison pill" plan, according to a letter to the lingerie ...
Shares of Victoria’s Secret fell Wednesday after the lingerie company took down its US website, saying there was a prolonged “security incident.” ...
Our team is working around the clock to fully restore operations,” Victoria’s Secret said in the notice. Victoria’s Secret & Co’s website was down in a mysterious dayslong outage.
Victoria’s Secret & Co. is being targeted by another activist investor seeking a shake-up of its business. Barington Capital Group has built a stake of more than 1% in the lingerie retailer and ...
An apparent 'security incident' has led Victoria's Secret to take down its website and other digital resources, including some in-store services, according to a company statement.
Shares of Victoria’s Secret fell Wednesday after the lingerie company took down its US website, saying there was a prolonged “security incident.” CNN values your feedback 1.
Victoria's Secret has yet to reveal the nature of the incident. "We immediately enacted our response protocols, third-party experts are engaged, and we took down our website and some in store ...
Victoria’s Secret & Co. generated $6.23 billion in net sales over the course of 2024. Its net income, meanwhile, was $165 million. Its market capitalization hovered around $1.67 billion as of ...
Into The Void. The Barington Capital letter first lauds Victoria’s Secret as “one of the most recognized and iconic brands in the world, with tremendous visibility, consumer awareness and ...
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