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Activist investor Barington Capital Group is pushing Victoria's Secret to alter its board and end a recently adopted "poison pill" plan, according to a letter to the lingerie maker's shareholders ...
The investor’s arrival adds to the pressure that Victoria’s Secret is already facing from another big disgruntled shareholder and after a recent security incident caused the company to ...
Victoria's Secret has restored all critical systems impacted by a May 24 security incident that forced it to shut down corporate systems and the e-commerce website.
Shares of Victoria's Secret fell Wednesday as the maker of lingerie and other women's apparel lowered its full-year outlook when it released its delayed first-quarter financial report.
Investor letter to Victoria's Secret criticizes the company’s board and multiple decisions that have been made since the 2021 spin-off from the former L Brands Inc.
After a precautionary shutdown due to a security incident, Victoria's Secret's website is operational again, featuring trending products and digital sales.
Victoria's Secret did not provide many details about the security incident, or directly confirm whether it was a cyber or ransomware attack.