- Victoria's Secret and its Pink brand's aggressive promotions are pulling demand forward and hurting long-term pricing power, Jefferies says.
- Victoria's Secret, together with Pink, is selling
- As part of
- In August,
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'Giving stuff away for free won't work' for Victoria's Secret and Pink (LB)
Victoria's Secret and its Pink brand's aggressive promotions are hurting long-term pricing power, Jefferies says.
Josephine Skriver, Elsa Hosk and Jasmine Tookes attend as VS Angels celebrate the Victoria’s Secret Fashion Show airing December 2 (10/9c) on the ABC Television Network at the new VIP Runway Experience located in the NYC Fifth Avenue flagship store on November 29, 2018 in New York City.
Victoria's Secret and its Pink brand's aggressive promotions won't solve the problem of its declining popularity Jefferies says.
near a cyclical peak as promotions at the shop are beginning to accelerate.
$21 price target — 34% below where shares were trading Monday.
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L Brands was down 46.57% this year.
- RBC: Victoria's Secret is trading at 'negative value'
- Victoria's Secret is broken and its Pink franchise is in the 'early innings' of a long decline
- The owner of Victoria's Secret is closing down Henri Bendel — but that solves just a small piece of a much bigger problem
- The Victoria's Secret fashion show illustrates 'how out of touch the brand still is'
- The owner of Victoria's Secret tumbles after missing on sales, halving its dividend, and replacing its CEO
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