Victoria’s Secret & Co. news and archive

Victoria's Secret raises Q4 2024 earnings forecast, appoints new CFO

Victoria’s Secret & Co. has appointed Scott Sekella as the new Chief Financial Officer (CFO), replacing Timothy Johnson, who will retire in June. This was announced today in a press release. In addition to the executive change, Victoria's Secret has also revised its forecast for the fourth fiscal quarter, ending February 1, 2025. Sekella brings...

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Victoria's Secret & Co. revolutionizes online shopping experience via Google Cloud AI partnership

Victoria's Secret & Co. has penned a new strategic, multi-year partnership with Google Cloud to leverage the company's artificial intelligence (AI) and generative AI technologies to enhance its online shopping experience. Announced ahead of the National Retail Federation (NRF) 2024 event, the lingerie brand also aims to leverage Google Cloud...

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Victoria’s Secret names Greg Unis as brand president

Lingerie brand Victoria’s Secret & Co. has named former chief growth officer and beauty chief executive Greg Unis as brand president of Victoria’s Secret and Pink. In a statement, Victoria’s Secret & Co. said the move was to advance the company’s strategic pillars “of strengthening the core, igniting growth and transforming the foundation”. In...

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Victoria’s Secret brand CEO Amy Hauk steps down, Martin Waters to take over

Amy Hauk, the chief executive officer of the Victoria's Secret brand, will exit the business on March 31. In a filing to the US Securities and Exchange Commission on Tuesday, the company said it was notified by Hauk on December 27 of her decision to resign. Martin Waters, who is CEO of the broader Victoria's Secret & Co business, will assume the...

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Victoria’s Secret & Co cuts 160 jobs, announces leadership changes

Victoria's Secret & Co announced Tuesday it has cut around 160 management roles, or approximately 5 percent of its home office headcount, as part of a reorganisation of the business. The US retailer also announced a number of changes to its leadership team. Amy Hauk, who has been chief executive of the company’s Pink brand since 2018, will take...