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Coronavirus Casts Victoria’s Secret UK Into Bankruptcy

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Victoria’s Secret U.K. slipped into administration on Friday, the equivalent of a bankruptcy proceeding in the U.S. Now nearly 800 employees and 25 stores are at risk. So far the company’s U.K. employees have already been furloughed, and are expected to remain in that position pending resolution of the bankruptcy. The current plan is to…

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