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Victoria's Secret raises forecasts after strong second quarter growth

US lingerie retailer Victoria’s Secret & Co. achieved significant growth in sales and earnings in the second quarter of the 2026/27 financial year. In light of this recent positive development, management raised its full-year forecast on Thursday. In the 13 weeks to August 1, the parent company of the Victoria’s Secret, Pink and Adore Me brands...

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How Joseph Ribkoff is using 'Elegance in Motion' to drive brand growth

After nearly 70 years as a wholesale-driven Canadian womenswear house, Joseph Ribkoff is making its most significant strategic pivot to date: the brand has launched its first global direct-to-consumer (DTC) digital flagship, unveiled a renewed brand vision centered on “Elegance in Motion,” and named Elizabeth Hurley the face of its new global...

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What took so long? Inside Victoria Beckham's long road to profitability

Victoria Beckham Holdings Ltd reported an operating profit for the first time since it was created in 2008, the company announced on Monday. It rose 15 percent to 129.8 million pounds (175.7 million dollars) in the year to the end of December, marking the fifth consecutive year of double-digit revenue growth. It also posted a pre-tax profit of...

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Shein IPO: why has the ultra-fast fashion leader accepted a 75 percent discount?

The traditional gong of the Hong Kong Stock Exchange sounded this Tuesday morning for a company that would have undoubtedly preferred a different tune. Shein debuted with a valuation of approximately 26.5 billion dollars, before its stock fell by almost 10 percent within the first few hours of trading. In 2022, private investors had valued the...

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