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  2. Though the company’s share of the U.S. women’s underwear market dropped to 21 percent last year from 32 percent in 2015, according to Euromonitor International, it is still a powerhouse. Its next closest competitor is Hanesbrands, with a 16 percent share.
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    Though the company’s share of the U.S. women’s underwear market dropped to 21 percent last year from 32 percent in 2015, according to Euromonitor International, it is still a powerhouse. Its next closest competitor is Hanesbrands, with a 16 percent share.
    www.nytimes.com/2021/06/16/business/victorias-s…
    As of May 2020, there are more than 1,070 Victoria’s Secret stores and it is still the largest retailer of lingerie in the U.S. L Brands plans to close 250 Victoria’s Secret stores, a 25% reduction of all locations due to the pandemic in 2020.
    www.businessofbusiness.com/articles/history-of-vic…
    The brand is now targeting mid-single digit percentage sales growth annually over the next three to five years. Retail analysts attribute Victorias Secret’s rebound to more inclusive marketing, a wider array of merchandise, fewer markdowns and moves to adapt to online shopping.
    www.cnn.com/2021/06/24/business/victorias-secre…
    While Victoria’s Secret is still a dominant player in the lingerie category, it has lost touch in recent years with many female shoppers who prefer to buy from body-inclusive bra lines such as American Eagle ’s Aerie, Cuup and ThirdLove.
    www.cnbc.com/2021/07/20/victorias-secret-details …
    • Victoria's Secret is the largest lingerie retailer in the US, and has been for several decades.
    • After explosive success it was accused of losing relevance but has since overhauled its brand image.
    • Insider charts the rise, fall, and subsequent comeback of the brand.
    fashioncoached.com/article/the-rise-fall-and-comeb…
     
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