About the Company
Victoria's Secret is an American lingerie, clothing and beauty retailer. Founded in 1977 by Stanford graduate student Roy Raymond and his wife Gaye, the company's five lingerie stores were sold to Les Wexner in 1982. Wexner rapidly expanded into American shopping malls, expanding the company into 350 stores nationally with sales of $1 billion by the early 1990s, when Victoria's Secret became the largest lingerie retailer in the United States. From 1995 through 2018, the Victoria's Secret Fashion Show was a major part of the brand's image, featuring an annual runway spectacle of models promoted by the company as fantasy Angels. The 1990s saw the company's further expansion throughout shopping malls, along with the introduction of the 'miracle bra', the new brand Body by Victoria, and the development of a line of fragrances and cosmetics. In 2002, Victoria's Secret announced the launch of PINK, a brand that was aimed to teenagers and young women. Starting in 2008, Victoria's Secret expanded internationally, with retail outlets within international airports, franchises in major cities overseas, and company-owned stores throughout Canada and the UK. By 2016, Victoria's Secret's market share began to decline due to competition from other brands that embraced a wider range of sizes and a growing consumer preference for athleisure. 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. As of May 2020, with over 1,070 stores, Victoria's Secret remained the largest lingerie retailer in the United States.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest News on Victoria's Secret & Co.
Victoria’s Secret Shuffles Leadership for Adore Me Brand
Victoria’s Secret & Co. has named a new head of the Adore Me business and its founder has left the company. The brand will be ...
Itsy Bitsy Teenie Weenie: This is the latest celebrity-favorite bikini
The swimwear label has many famous fans, including Dua Lipa and Kylie Jenner, as well as investment from Victoria’s Secret.
Victoria’s Secret Reportedly Announces Leadership Change At Its Adore Me Brand: Here’s The Update
According to a Bloomberg report citing a person familiar with the matter, Adore Me founder Morgan Hermand-Waiche has left the ...
Selena Gomez’s lacy slip dress is under $50 — and fiancé Benny Blanco approves
Such is the case with Selena Gomez, who posted a nighttime mirror selfie in an under-$50 lace slip dress. In her latest ...
Tyra Banks Got Cut Off From Free Victoria’s Secret Stuff, And The Story Sounds Mortifying
Tyra had a serious wakeup call after she approached the checkout with a pile of lingerie and the confidence of a woman who ...
Real story behind the ‘Victoria’s Secret Karen’ video: Who is Abigail Elphick and what really happened
The video showing Abigail Elphick at the Victoria's Secret store was taken in a New Jersey mall during Covid-era social ...
Victoria’s Secret model Adriana Lima lists $16M home with AI and laser-powered security system
Brazilian supermodel and former Victoria’s Secret Angel, Adriana Lima, is parting ways with her Los Angeles estate — a ...
Tyra Banks Reveals the Victoria’s Secret Perk She Lost — & the Petty Way It Happened
Tyra Banks has eliminated many girls from the competition, but this time, she was the one sent home — by Victoria’s Secret. The former Victoria’s Secret Angel shared a story this week that could’ve ...
Victoria’s Secret Model Gets Diagnosis After ‘Years’ of Mystery Pain
Supermodel Barbara Palvin is sharing her longtime struggle with mysterious menstrual symptoms, which culminated in a ...
Victoria’s Secret Fashion Show returns: Here’s what you need to ...
Victoria’s Secret was founded in 1977 by American businessman Roy Raymond, and was bought by billionaire Leslie Wexner five years later in 1982 for $1 million.
We were Victoria’s Secret models — everything you saw was fake
Victoria’s Secret, meanwhile, has skipped its annual fashion show beginning in 2019, as viewership and earnings sunk during the #MeToo movement and other cultural reckonings, but recently ...
Victoria's Secret Knows It Has A Problem, But Does It Have ... - Forbes
Victoria’s Secret knows it’s lost its sexy, and it is trying to reclaim it, but knowing there’s a problem and actually fixing it are two different things. The troubles at the lingerie chain ...
Loading the latest forecasts...