Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...

Victoria’s Secret is struggling with the public glare. Since becoming independent in 2021, the lingerie retailer’s shares ...

For investors, the action signals a defensive posture by VSCO's leadership to maintain strategic control and protect ...

Victoria's Secret & Co. (NYSE:VSCO), to implement a limited-duration shareholder rights plan. According to Board Chair Donna James, the "poison pill" prevents anyone from taking over the business ...

Victoria's Secret's poison pill comes at a time when the lingerie maker has been grappling with tepid demand, as consumers avoid expensive purchases amid rising tariff uncertainty and fears of an ...

Victoria’s Secret has taken its website offline and suspended certain in-store services after a significant cybersecurity ...

Australian billionaire Brett Blundy’s investment vehicle, BBRC International Private Limited, increased its stake in the ...

Investing.com -- Shares of Victoria’s Secret & Co. (NYSE:VSCO) closed up 3.3% with an additional 0.5% gain after hours following the company’s announcement of adopting a "poison pill" strategy.

Victoria's Secret said it has adopted a shareholder-rights plan, better known as a poison pill, to fend off a potential hostile bid as activist investor BBRC International maneuvers to buy up shares.