Victoria’s Secret is back but faces a new blow

Victoria’s Secret looks different today. Its website features plus-size models, and last month it even started selling mastectomy bras. Third-quarter results released on Thursday showed sales improved across a broad spectrum, including lingerie and the Pink line aimed at younger customers. While same-store sales were flat from 2020, they were up from 2019. Shares jumped as much as 20%, their highest since the summer, when Victoria’s Secret split from the parent company. old, L Brands (now Bath & Body Works Inc.). Current Victoria’s Secret CEO Martin Waters attributes this to “the power of a happy and healthy culture.”