AP Photo/Francois Mori
Victoria's Secret's parent company, L Brands, announced Wednesday that it will permanently close 250 stores in the US and Canada in 2020.Visit Business Insider's homepage for more storiesVictoria's Secret announced Wednesday that it plans to permanently close 250 stores in the US and Canada in 2020. The news comes just weeks after its parent company confirmed that a deal to sell a majority stake in the company to the private-equity firm Sycamore Partners had fallen through.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.
kiyo_osato Victorias's Secret って何の店だろう？ 画像検索だと結構きわどいが。。。 たしか米国証券市場には上場してるストリップ劇場があって景気先行指標に使えるとかあったけど、あれとは違うのかな～？？？
Alas, no more of a fine American corporation that faithfully provided so many with great bounty
ganhuyag If no HKID, don't bother coming to HK for alternative sources of income!
Noooooooo!!!
It’s crippling their business because a lot of women don’t care how they look during quarantine 😐
This is bad
It's true that it wasn't the virus but the Government has little to do with this. How about the culture that has been shifting away from their image for the past 10 years? This company would have been over with or without COVID.
shouldn't be the only business that servive the pandemic!
Thanks liberals
That’s what they get for cancelling other beautiful women that aren’t size 000 or 🏳️🌈 models
It’s always good when business shit down... right?
It wasn’t the virus. It was idiocy of governors closing everything.
The response crippled business. Not one company closed due to actual illness.
A worldwide chain is not 'crippled' by closing 250 stores. And to every single person who has not shopped IN PERSON at a VS store in the past year, YOU are to 'blame,' not the 'rona. But truth is, we've all decided we prefer online shopping. It's the future of biz. pivot or die
vjeannek Good, because VS is part of the sex trafficking problem
They ran it into the ground way before covid19. They got lazy and over confident.
What will OfficialSisQo have to say
That's what happens when you fail to adapt. Good job Mr. Wexler. dobetter adaptbetter
JesseKellyDC Didn’t read the article, but I’m guessing most of their stores are in malls. Those locations don’t support curbside pickup service. Any mall-dependent chain is in trouble.
Where are chicks gonna buy those baggy GREY sweatpants with PINK written over the ass?
Come November a lot of people will be gaslighting they didn't want the close down
Very sad that iconic American company ending like that.
COVID or Fenty? 🤔 Inclusivity 🤔 Innovation? 🤔
as the *government's forced closure of their stores* cripples its business
Jim_Edwards They dont shave that thang?
AmThruster That little secret has sailed.
😢
Where will I buy my panties now?
This is the loss of an important support network for women.
😫
и где теперь трусы покупать, а?
You guys, Epstein-Leslie Wexner=Victoria’s Secret. Pizzagate is here, Obamagate is a distraction
Where am I supposed to spend my afternoons now?!
How predictable 🙄
The covid VIRUS hoax didn't cause it FILTHY DIRTY CORRUPTION AND NASTY STUFF WITH A CERTAIN DIRTY FRIEND DID
I guess the affiliation with pedo Jeffrey Epstein wasn't a good marketing strategy
Good riddance to bad rubbish!
Another stupid article about a business that already had well documented struggle to survive before Covid
The response to the pandemic did it, not the pandemic.
ayeshawaheedk
was that the reason tho?
A lot of these companies were failing prior. Pier 1 over charged for Made in China crap & Victoria's Secret was 'cancelled' when they refused to have fat or trans 'models'.
The pandemic didn't do it. Listening to the experts did it
They’re closing because they hired trans models.
Nobody needed sexy underwear during a lockdown?
Damn...I guess teens and heavy women will have to shop online for cheap perfumes and itchy coochie fabric
Please, say it ain’t so!
THIS IS THE APOCALYPSE!!!!!
Just when I find the perfect bra!😡
Their new mask is gonna revolutionize the industry. Mark it down.
Misspelled *authoritarian governers and put coronavirus by mistake.
It wasn't the pandemic. It was the insane response.
I’m sure they’ll figure out other ways to peddle their soft porn
😡
Walloping web snappers.
Wow
Who the heck wears that scratchy stuff?
Stuti2018 Muskann13
😢nothing to do a sawgrass anymore
Maybe or maybe downfall is due to top executive and founder accused of sexual exploitation of young models and forcing them to offer services to wealthy American elite.
What are these girls going to do now?
I can't imagine them sex trafficking
Kennayyy1
I guess we will never know Victoria's secret.
Try to associate the underwear with most beautiful women in the world so when you see your woman wearing their underwear you think you are going to have sex with the world most sexy woman. What a brilliant idea.
No reason to go to the mall now. Commercial real estate is dead.
I will never forgive Coronavirus or bats!!!
Maybe we can now have the secret?
The pandemic didn't cripple their business. Terrible government overreach did that.
Non essentials
Oh damn, that's not good
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »