Victoria’s Secret just announced that they are closing up to 50 more stores this year!
Fans of the brand’s sexy push-up bras and iconic Semi-Annual sale will be devastated to learn the underwear company’s parent company L Brands is shuttering even more stores. Say it ain’t so!
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After closing 241 stores in 2020, the fashion company announced that it will “permanently close” between 30 to 50 stores in the U.S. and Canada this year, CNN reports.
L Brands is even planning to get VS off their portfolio entirely.
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"Over the next six months, we will continue to work toward the separation of the two businesses, proceeding down a dual track to prepare for either a spin-off or a sale," the company said in a statement. Sad!
The brand, which still counts powerhouses like Stella Maxwell and Barbara Palvin as "Angels," ended its catwalk extravaganza the televised "Fashion Show" in 2019.
