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- Generating answers for you...Victoria’s Secret is planning a major comeback when it splits from L Brands next month, after years of declining sales and diminished relevance with women. The lingerie company will change its name to Victoria’s Secret & Co. when it lists as a separate public entity on Aug. 3 under the ticker “VSCO.”Learn more:Victoria’s Secret is planning a major comeback when it splits from L Brands next month, after years of declining sales and diminished relevance with women. The lingerie company will change its name to Victoria’s Secret & Co. when it lists as a separate public entity on Aug. 3 under the ticker “VSCO.”www.cnbc.com/2021/07/20/victorias-secret-details …This week, Victoria’s Secret was taken private in a deal that values the brand at just $1.1 billion. L Brands (LB), Victoria’s Secret’s parent company and one of the biggest American clothing companies, sold a controlling stake of the lingerie brand to a private equity firm on Thursday.www.cnn.com/2020/02/21/business/rise-and-fall-of …Victoria's Secret shut down its official show in 2019 following a slew of controversies and external criticism: executives behaved improperly, viewership and sales declined, and audiences were increasingly frustrated with how a single body type was shown as the ideal of an "angel" on its runway.www.marieclaire.com/fashion/victorias-secret-fashi…The company canceled the circulation of their catalog in 2016. The brand struggled to maintain its market position following criticism and controversy over the unsavory behavior and business practices of corporate leadership under Wexner and Ed Razek.en.wikipedia.org/wiki/Victoria%27s_SecretThe sexy show was quietly halted in 2019 after the beleaguered brand was tied to a multitude of scandals including complaints about a lack of diversity, plunging show ratings, declining sales and L Brands founder Les Wexner’s cozy relationship with accused child sex trafficker, Jeffrey Epstein.nypost.com/2021/06/21/the-rise-and-fall-of-the-victo…
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