Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Bankrupt Victoria’s Secret UK Rescued by Joint Venture

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

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!