The chain has opened a 3,500-square-metre space at 54 Boulevard Haussmann, adjacent to Galeries Lafayette and Printemps. The space brings the brand’s new automated order collection point to France for the first time.
L Brands, owner of Victoria's Secret, has announced that it will sell a 100% stake in lingerie brand La Senza to an affiliate of private equity firm Regent LP. The transaction is expected to be completed in January.
Whilst a plan to close 100 of its stores by 2022 is underway in the UK, the retailer has agreed terms to open its first high street store in Spain in a move that represents a change of strategy for the company.
The Victoria's Secret Fashion Show has hit a record low in TV ratings, with this year's show garnering an audience of 3.27 million, compared to last year's total of 5.37 million; the spectacle's then-rock bottom.
Geox, the techy Italian footwear giant, and Dragon, the Formula E team owned by media investor Jay Penske, have signed a strategic long-term agreement that will result in the race car changing its name.