Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Bankrupt Victoria’s Secret UK Rescued by Joint Venture

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Victoria’s Secret U.K., in administration since June, will get a new lease on life through a joint venture between L Brands Inc. and Next PLC. The two firms have formed a joint venture that will acquire the majority of the assets operating under administration, otherwise known as bankruptcy in the U.S. The JV will operate…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!