Friday, November 22, 2019

Poke Them With A Fork, I Think They're Done


Victoria's Secret is closing 53 more stores,
announced this week.


The closings announcement comes after 30
Victoria's Secret stores closed in 2018 compared
with the average of 15 stores a year, company
officials said during a quarterly earnings call
with analysts Thursday.

During L Brands' earnings call Thursday, the
company's executive vice president and chief
financial officer, said the need to close stores
was "based on the overall performance of the
Victoria's Secret business, not meeting our
 expectations or having year-on-year declines."

The closings make up about 4 percent of the
company's 1,143 Victoria's Secret stores.

 

No more VS fashion show either...
I know your all heart broken.


No comments: