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Victoria's Secret is broken and its Pink franchise is in the 'early innings' of a long decline (LB)
The decline for Victoria's Secret and its Pink branch, underwear brands owned by L Brands, is just beginning, said analysts from Jefferies.
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- Victoria's Secret and its Pink branch, owned by
- Increased promotional activity in Victoria's Secret has not only failed to drive sales, but has also weighed on margins.
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The decline for Victoria's Secret and its Pink branch, owned by L Brands, is just beginning, according to analysts from Jefferies.
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