Victoria's Secret Sales Surge, New Strategy Pays Off

Victorias Secret experiences significant sales growth, attributed to reduced promotions and increased full-price sales. This strategy has improved profit margins and reduced losses, with a nine point two percent increase in third-quarter sales across all income groups. The brands appeal is growing, particularly among younger shoppers, as evidenced by higher store traffic and a raised sales outlook for the fourth quarter.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.