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Coronavirus Casts Victoria’s Secret UK Into Bankruptcy

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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