Victoria's Secret has been in the midst of a turnaround under CEO Hillary Super, who said the company is winning over young shoppers across all incomes.
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By Threat Layer
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View all signals →Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US on Thursday. Blundy’s investment firm, BBRC International, owns about 13% of the US-listed Victoria’s Secret lingerie brand, making it the second biggest single shareholder and giving it a potential platform to launch a hostile takeover. Continue reading...