Thursday, February 23, 2017

Fallen angels? Victoria's Secret sales plunge

Image result for victoria secret storeL Brands, which also owns Bath & Body Works and PINK, said late Wednesday that same-store sales at Victoria's Secret may plunge 20% this month compared to a year ago. (Same-store sales measure the performance at stores open at least a year.)

Part of this big decline is due to the fact that Victoria's Secret killed off its swimwear line last May. It also got rid of its famous catalog in an attempt to save costs.. . . more

No comments: